News

05 Apr The Pulse: Former Barcadia Building and The Exchange Apts Sold

Posted at 09:40h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 2435 Drusilla Lane Price: $670,000 ($83 / SF) Buyer: JakCar LLC Elifin's Notes: Real estate agents purchase office building on the corner of Drusilla Lane and Brookline Ave. 1885 Wooddale Blvd Price: $525,000 ($5 / SF) Buyer: Rhino Holdings Wooddale LLC Elifin's Notes: A Nevada-based investment firm, Rhino Investments, purchases former state...

29 Mar The Pulse: Royal Furniture Building in Mid City Sold

Posted at 08:25h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 20191 Plank Rd Price: $700,000 ($241 / SF) Buyer: Family Enterprise 1 Inc Elifin's Notes: Local investor purchases Shell branded gas station in Zachary on the corner of Plank Rd and Main St. 1900 Main St Price: $1,250,000 ($20 / SF) Buyer: 1900 Main St LLC Elifin's Notes: Moore Care Caregiver Services...

22 Mar Commercial Sales Report – February 2021

Posted at 14:47h in Insights, Market Report: Baton Rouge, Research, The Sales Report by ELIFIN® 0 Comments

DOWNLOAD FULL REPORT (PDF) Through February 2021 the total number of commercial sales and total dollar volume of commercial sales are both up 40% over the previous 6-year averages, signaling a strong start to 2021. Compared to this time in 2020, the number of commercial sales in 2021 is up 36% and the total dollar volume transacted is up 63%. ...

22 Mar The Pulse: 105 Acres in Zachary Sold to Local Developer

Posted at 07:19h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 11716 Bricksome Ave Price: $272,000 ($$21.40 / SF) Buyer: RRMorris Properties LLC Elifin's Notes: Two office buildings sell off S Sherwood Forest Blvd near I-12. 7170 Burbank Dr Price: $350,000 ($19.13 / SF) Buyer: B Jasper Holdings LLC Elifin's Notes: Local doctor purchases office building on Burbank Dr west of Staring Lane...

15 Mar The Pulse: Wyndham Garden Hotel and Hooper Pointe Apartments Sold

Posted at 08:11h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 14343 Greenwell Springs Rd Price: $585,000 ($443 / SF) Buyer: Fast Stop Realty LLC Elifin's Notes: Marathon branded gas station on the corner of Greenwell Springs Rd and Sullivan Rd in Central sells to group of local investors. 10605 Airline Hwy Price: $270,000 ($87 / SF) Buyer: Ali Abdo Hagag Elifin's Notes:...

08 Mar The Pulse: Cortana Mall Sold

Posted at 07:39h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 9123 Cortana Pl Price: $12,500,000 Buyer: Amazon.com Services LLC Elifin's Notes: Amazon purchases former Mervin's location and the center of the shuttered Cortana Mall in preparation for the online retailer's forth coming distribution center. 9501 Cortana Pl Price: $4,750,000 Buyer: Amazon.com Services LLC Elifin's Notes: Amazon purchases former Virginia College property at...

01 Mar The Pulse: Tuscany Villas Apartments Sell for 34.5m

Posted at 07:50h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 10732 S Mall Dr Price: $34,500,000 ($75,000 / Unit) Buyer: Evergreen at Tuscany Villas LLC Elifin's Notes: Tuscany Villas Apartments, a 460-unit complex located off Siegen Lane near I-10, sells to Florida-based investor. 1701 Main St Price: $1,090,250 ($66 / SF) Buyer: East Baton Rouge Council on the Aging, Inc Elifin's Notes:...

25 Feb Commercial Sales Report – January 2021

Posted at 09:45h in Insights, Market Report: Baton Rouge, Research, The Sales Report by ELIFIN® 0 Comments

DOWNLOAD FULL REPORT (PDF) A total of $45m was transacted in commercial sales volume in January 2021 in East Baton Rouge Parish, compared to $25.2m at this time last year–an increase of 78%. Commercial sales activity was up 48% in January 2021 compared to the average year-to-date figures over the previous 6 years. The Industrial sector saw a significant increase in activity (+223%)...

24 Feb New Orleans Healthy Food Business With New Pickup Concept Joining Highland Park Marketplace

Posted at 10:30h in News, Press Releases by ELIFIN® 0 Comments

DOWNLOAD PDF OF PRESS RELEASE February 24th, 2021 - Baton Rouge, LA – Will Chadwick of Elifin Realty and Brian Douglas Campbell Jr. of Big Horn Development are pleased to announce the latest tenant to join Highland Park Marketplace, Clean Creations. Clean Creations is a New Orleans-based healthy, gourmet food service. They create delicious, clean eats & treats and deliver them to...

23 Feb Mathew Laborde on the What’s What BR Podcast with Brandon Foreman

Posted at 08:59h in Commercial, Content by Mathew Laborde, CCIM 0 Comments

In this episode of What's What BR, we dive into real estate talk with President & CEO of Elifin Realty, Mathew Laborde. Mathew started his commercial real estate career at the age of 19 and has consistently been among the top-producing commercial real estate agents in the state of Louisiana....