News

Car wash sells along West Willow Street

The November 18, 2024 issue covers three commercial sales recorded across Lafayette the previous week. The headline deal: ROMERO, CLAYTON A bought more than 3.4 acres of land on West Pinhook Road in Broussard. The week's other two sales were a self-serve car wash off West Willow Street and an industrial property on Northeast Evangeline Thruway bought by GW Real...

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Self-Storage center sells along Earhart Boulevard

The November 18, 2024 issue covers five commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: All Star Properties, LLC bought a NNN-leased industrial portfolio, with one property at 16 West 23rd Street in Kenner and the other in Lafayette. Industrial led the week with two of the five sales, including a Kenner warehouse...

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Hexion Chemical property sold in Geismar

The November 18, 2024 issue covers nine commercial sales recorded across Baton Rouge and Ascension the previous week. The headline deal: Priceco West LC bought a 47+ acre parcel of land on South Burnside Avenue in Gonzales. Land and industrial led the week with three sales each, including the Hexion industrial-chemical property in Geismar, bought by an Ames, Iowa-based entity,...

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Market Report – Lafayette, LA – October 2024

Overall Dollar Volume is down 2.44% The trailing 12 month total dollar volume of sales was $344.8M at the end of Oct 2024 vs. $353.5M at the end of the prior month. Overall Deal Velocity is up 3.76% The trailing 12 month sale count was 331 at the end of Oct 2024 vs. 319 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/11/Market-Report-Lafayette-LA-October-2024.pdf" attachment_id="13296"...

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Market Report – New Orleans, LA – October 2024

Overall Dollar Volume is up 2.53% The trailing 12 month total dollar volume of sales was $804.7M at the end of Oct 2024 vs. $784.9M at the end of the prior month. Overall Deal Velocity is up 2.2% The trailing 12 month sale count was 512 at the end of Oct 2024 vs. 501 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/11/Market-Report-New-Orleans-LA-October-2024.pdf" attachment_id="13294"...

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Market Report – Baton Rouge, LA – October 2024

Overall Dollar Volume is down 3% The trailing 12 month total dollar volume of sales was $412.0M at the end of Oct 2024 vs. $424.8M at the end of the prior month. Overall Deal Velocity is down 4.01% The trailing 12 month sale count was 335 at the end of Oct 2024 vs. 349 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/11/Market-Report-Baton-Rouge-LA-October-2024.pdf" attachment_id="13297"...

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Former Zip-N car wash sells

The November 11, 2024 issue covers eight commercial sales recorded across Lafayette the previous week. The headline deal: ZIP N OPERATING LLC bought a drive-thru car wash, formerly operated by Zip-N Car Wash, at the intersection of Ridge Road and Rue Du Belier. Industrial led the week with four of the eight sales, while BTRY Rentals LLC acquired four fourplexes...

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OM Causeway Realty purchases gas station

The November 11, 2024 issue covers sixteen commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: 4408 CLEARVIEW INVESTMENTS LLC (Hamdan Sons Investments) bought a Brother's branded gas station on the I-10 Service Road near Clearview Parkway in Metairie. Retail and industrial led the week with four of the sixteen sales each, including a...

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Weiler Plastic Surgery purchases Bluebonnet office building

The November 11, 2024 issue covers eleven commercial sales recorded across Baton Rouge and Ascension the previous week. The headline deal: MA Bluebonnet LLC, Chicago-based real estate investment firm Mon Ami Real Estate, bought two strip buildings in the Bluebonnet Parc Shopping Center, adjacent to the Mall of Louisiana. Industrial led the week with four of the eleven sales, while...

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Historic Cafe Vermilionville property sells

The November 4, 2024 issue covers nine commercial sales recorded across Lafayette the previous week. The headline deal: C SIDE DESTIN PROPERTIES LLC, a pair of Houma-based investors, bought the Historic Cafe Vermilionville property on West Pinhook Road. Retail led the week with five of the nine sales, including the Circle K at Robley Drive and East Broussard Road and...

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