News

The Pulse BR: ELIFIN brokered 39% of the industrial sales in 2025 in BR and Ascension

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Dear Reader,We do very little self-promotion in this Pulse. We just report the market data. Well, I came across a stat that was too staggering not to share.ELIFIN brokered 39% of the industrial sales in 2025 across EBR and Ascension Parishes. That's 1 out of every 2.6...

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The Pulse Northshore: 7 Brew purchases restaurant property in Covington

A weekly update on the commercial real estate landscape of The Northshore. Commercial Sales Recorded Last Week 1540 West Causeway Approach, Mandeville, LA 70471 Type: Office Price: $3,250,000 ($401.83 / SF) Buyer: 4B INVESTMENTS LLC Elifin's Notes: A pair of local investors purchase a two-story office property. 629 Hwy 190, Covington, LA 70433 Type: Retail Price: $1,850,000 ($318.20 / SF) Buyer: 7 BREW REAL ESTATE LLC Elifin's Notes: 7 Brew purchases...

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The Pulse LFT: Lourdes purchases medical building

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 324 E Farrel Rd, Lafayette, LA 70508 Type: Office Price: $900,000 ($378.15 / SF) Buyer: OUR LADY OF LOURDES REGIONAL MEDICAL CENTER INC Elifin's Notes: A medical office property sells near Our Lady of Lourdes Regional Medical Center. 606 Lee Ave, Lafayette, LA 70501 Type: Office Price: $487,500 ($203.13 / SF) Buyer: MARSHWATCH LLC Elifin's...

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The Pulse NOLA: Nonprofit purchases 500,000 sqft building downtown

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 1401 Whitney Ave, Gretna, LA 70053 Type: Multifamily Price: $1,515,000 ($89,118 / Unit) Buyer: 1414 ROMAIN ST LLC Elifin's Notes: A 17-unit apartment complex trades in Gretna. 1190 Terry Pkwy, Terrytown, LA 70056 Type: Retail Price: $855,000 ($258.31 / SF) Buyer: HALO 22 LLC Elifin's Notes: A Wendy's occupied QSR property changes hands on...

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The Pulse BR: Bottom Line Equipment purchases land

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 18350 Petroleum Dr, Baton Rouge, LA 70809 Type: Industrial Price: $4,487,000 ($105.59 / SF) Buyer: NACL Holdings LLC Elifin's Notes: This property sold for $2.5 million in 2017. 1718 Blvd De Province, Baton Rouge, LA 70816 Type: Multifamily Price: $3,000,000 ($39,474 / Unit) Buyer: T&A 2026 LLC Elifin's Notes: A 76-unit multifamily...

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Three Lots Are Better Than One

Fabian Edwards of ELIFIN® represented both the seller and buyer in the successful sale of the office land tract located at 9509 Jefferson Hwy in Baton Rouge, LA. Challenge The 1.2-acre tract along Jefferson Highway was zoned neighborhood office, which capped buildable square footage at 2,500 square feet per property. For a site with strong frontage and genuine development potential, that limitation...

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Clearing the Path to a Closed Transaction

Cade McNabb of ELIFIN® represented both the seller and buyer in the successful sale of the industrial warehouse property located at 39421 Hwy 929 in Prairieville, LA. Challenge The first buyer was ready to sign until due diligence uncovered a critical issue: the gravel road providing the only access to the property was not owned by the seller. The adjacent property owner...

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How Diligence Dissolves Bankruptcy

Lindsay Redhead and Peter Laville of ELIFIN® represented the buyer in the successful acquisition of the mixed-use property located at 416, 418, and 420 Mississippi St in Donaldsonville, LA. Challenge This transaction tested every dimension of what it means to see a deal through. Lindsay originally held the listing before the seller entered bankruptcy, at which point the court stripped the listing...

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Mixed-Use Property in Downtown Donaldsonville sold to Korean Investment Group

May 15, 2026 - Baton Rouge, LA – ELIFIN® is pleased to announce the successful sale of 416-420 Mississippi Street in Donaldsonville, LA. The mixed-use property, located in the heart of Downtown Donaldsonville, was acquired by a Korean investment group with plans to support workforce housing and accommodations tied to the region’s rapidly expanding industrial sector. Lindsay Redhead and Peter Laville...

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The Pulse Northshore: Retail center in Mandeville sells for over 3mm

A weekly update on the commercial real estate landscape of The Northshore. Commercial Sales Recorded Last Week 1810 N Causeway Blvd, Mandeville, LA 70471 Type: Retail Price: $3,050,000 ($354.20 / SF) Buyer: HIGHWAY 23 LLC Elifin's Notes: A multi-tenant retail strip center sells on North Causeway Boulevard. 123, 131 Girod Street, Mandeville, LA 70448 Type: Retail Price: $1,300,000 ($268.65 / SF) Buyer: GERNON ASSETS LLC Elifin's Notes: A vet clinic along...

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