News

Sno’s restaurant in Gonzales sold

The October 12, 2026 issue covers nine commercial sales recorded across Baton Rouge and Ascension the previous week, totaling $9.95M in disclosed volume. The headline deal: Carroll & Co Hospitality Holdings LLC paid $3M ($321.92/SF) for the Sno's restaurant property on Airline Highway in Gonzales. Industrial led the week with four of the nine sales, including FLM Properties LLC's $2.25M...

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New Orleans Commercial Building Permits: August 2026

Monthly Permit Report | New Orleans New Orleans Commercial Building Permits: August 2026 Orleans Parish issued 41 commercial new-construction and renovation permits in August 2026, with $20.4 million in declared project value. A $12.8 million, two-story museum building at 1060 Magazine Street in the Warehouse District was the month's only new commercial construction and its largest project. ELIFIN is...

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Baton Rouge Commercial Building Permits: August 2026

Monthly Permit Report | Baton Rouge Baton Rouge Commercial Building Permits: August 2026 East Baton Rouge Parish issued 73 commercial construction permits across 44 project sites in August 2026, with $23.9 million in declared project value. Two jobs carried most of it: a $10.0 million, 40-door cross-dock warehouse on Tom Drive and a $6.3 million arts building at McKinley...

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5600 Hayne Blvd, New Orleans, LA

How a New Orleans Industrial Tenant Became the Owner

Adrien Foley and Brady Becker of ELIFIN® represented both the buyer and seller in the successful sale of the ±41,580 SF industrial property located at 5600 Hayne Blvd in New Orleans, LA. Challenge When Catholic Food Charities listed 5600 Hayne Blvd as part of a two-property portfolio in the summer of 2025, Adrien and Brady moved quickly to represent the buyer on...

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102 Jared Dr, Broussard, LA

How a Broussard Industrial Sale Held Its Asking Price

Mark Johns of ELIFIN® represented the seller in the successful sale of the ±6,200 SF industrial property located at 102 Jared Dr in Broussard, LA. Challenge When Mark listed the property, the street had two other available buildings. Within a month, that number had grown to more than five properties available within a 100-yard radius. Suddenly the seller was competing in a...

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338 Thoroughbred Dr, Lafayette, LA

Lafayette Industrial Leased 4 Months After Purchase

Mark Johns of ELIFIN® represented both the landlord and the tenant in the successful lease of the ±16,068 SF industrial property located at 338 Thoroughbred Dr in Lafayette, LA. Challenge The landlord had purchased the building vacant with a clear plan: get it leased quickly and at numbers that justified the purchase price. That created a specific kind of pressure. The acquisition...

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Land sold near Northshore High School

The October 5, 2026 issue covers five commercial sales recorded on the Northshore the previous week, totaling $4.92M in disclosed volume. The headline deal: BELLE MAISON HOLDING LLC paid $2.5M ($7.52/Land SF) for a 7+ acre parcel of commercial land on Veterans Avenue in Hammond. Land and retail led the week with two sales each, including a 4+ acre parcel...

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Lafayette Parish Government purchases industrial property

The October 5, 2026 issue covers three commercial sales recorded across Lafayette the previous week, totaling $1.88M in disclosed volume. The headline deal: LAFAYETTE PARISH, through the Lafayette Government Office, paid $845K ($103.55/SF) for an industrial property on Easy Street in Lafayette. Industrial led the week with two of the three sales, including a renovated flex space with office and...

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Soniat House hotel sells to Dallas buyer

The October 5, 2026 issue covers fourteen commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $6.3M in disclosed volume. The headline deal: COASTLINE CONSTRUCTION AND RENOVATION, LLC paid $1.53M ($36.77/SF) for an industrial warehouse on the Industrial Canal at 5600 Hayne Boulevard in New Orleans East. Retail led the week with five of the fourteen...

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Tractor Supply property in Prairieville sold to REIT

The October 5, 2026 issue covers fifteen commercial sales recorded across Baton Rouge and Ascension the previous week, totaling $23.2M in disclosed volume. The headline deal: Grigsby Properties LLC paid $7.17M ($220.35/SF) for an office property on Highlandia Drive in Baton Rouge. Retail led the week with five of the fifteen sales, including a publicly traded net-lease REIT's $6.77M purchase...

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