News

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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200 acres sell on Old Scenic Hwy

The November 4, 2024 issue covers eight commercial sales recorded across Baton Rouge and Ascension the previous week. The headline deal: Templeton EBR LLC bought 200+ acres on Old Scenic Highway in Baker. Office led the week with five of the eight sales, while Oklahoma-based McGee Commercial Real Estate bought the Sage Rehabilitation Outpatient and Day Neuro building on Picardy...

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Gentilly Carnival Club purchases property on Euphrosine St

The November 4, 2024 issue covers ten commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: GENTILLY CARNIVAL CLUB INC bought a commercial storage property at 4200 Euphrosine Street, off Earhart Boulevard. Land led the week with three of the ten sales, including two Lapalco Boulevard parcels in Marrero bought by CST Land Developers,...

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Red River Bank buys land next to Rouses

The October 28, 2024 issue covers twelve commercial sales recorded across Lafayette the previous week. The headline deal: RED RIVER BANK bought more than 1.5 acres of land next to the Rouses at the intersection of Camellia Boulevard and East Bluebird Drive. Land led the week with six of the twelve sales, while Tres Bien Ventures acquired an industrial property...

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LSU Board of Supervisors purchases Anita’s Grill property

The October 28, 2024 issue covers eleven commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: BP Louisiana Property LLC bought the Fat Harry's & Superior Seafood properties at 4330 and 4338 St. Charles Avenue. Retail led the week with five of the eleven sales, including Anita's Grill on Tulane Avenue, bought by the...

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