Jacob Loveland and Fabian Edwards represented the buyer in the sale of the office building located at 2645 O'Neal Lane in Baton Rouge, LA. Challenge Rather than a traditional obstacle, the challenge in this transaction was uncovering an opportunity that had not yet been expressed. The buyer was a long-term client, and ELIFIN® had been handling the leasing of his full-service...
Challenge The landlord faced a prolonged and increasingly frustrating leasing challenge with a highly specialized industrial property that had been marketed by multiple brokerages over an extended period without success. While the asset itself was functional and well-located, it required a tenant with very specific operational capabilities, making the potential tenant pool inherently narrow. At the same time, the landlord was...
Jacob Loveland and Benji Azar of ELIFIN® represented the seller in the sale of the vacant hotel property at 9901 Gwenadele Ave in Baton Rouge, LA. Challenge This property had originally been listed in September 2023 but did not trade, ultimately entering foreclosure in mid 2025. The extended time on the market and subsequent foreclosure created a challenging perception issue, as...
A weekly update on the commercial real estate landscape of The Northshore. Commercial Sales Recorded Last Week 25064 Hwy 22, Ponchatoula, LA 70454 Type: Land Price: $275,000 ($0.90 / Land SF) Buyer: D&L FLEURY INVESTMENTS LLC Elifin's Notes: A pair of local business owners purchase a 7 acre tract of land on Hwy 22. 2205 W Church St, Hammond, LA 70401 Type: Retail Price: $195,000 ($135.42 / SF) Buyer: AMY...
A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1205 Garber Rd, Broussard, LA 70518 Type: Multifamily Price: $5,400,000 ($135,000 / Unit) Buyer: LEGACY AT OXFORD COURT LLC Elifin's Notes: A 40-unit multifamily property changes ownership on Garber Road. 406 Beau Pre Rd, Lafayette, LA 70508 Type: Industrial Price: $2,050,000 ($143.96 / SF) Buyer: MONTOYA, OSCAR AUGUSTO Elifin's Notes: A California-based investor acquires an...
A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 1229 St Thomas St, New Orleans, LA 70130 Type: Office Price: $1,600,000 ($245.14 / SF) Buyer: ROYAL JUG & GUN CLUB LLC Elifin's Notes: A newly renovated office property sells on Saint Thomas Street. 312 St Charles Ave, New Orleans, LA 70130 Type: Mixed-Use Price: $1,100,000 ($144.74 / SF) Buyer: 314 ST CHARLES...
A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 8585 Summa Ave, Baton Rouge, LA 70816 Type: Healthcare Price: $10,000,000 ($572.67 / SF) Buyer: Holly Court Propco LLC Elifin's Notes: The Holly Court assisted living facility sells to a Miami-based company. 37091 E Hwy 30, Geismar, LA 70734 Type: Land Price: $6,375,000 ($4.83 / Land SF)...
ELIFIN®’s Fabian Edwards, turned the office located at 5420 Corporate Blvd into a case study in value creation through strategic repositioning and owner occupancy. Challenge The property at 5420 Corporate Blvd is a 30,663 square foot office building located in a highly desirable submarket, yet it faced a difficult situation. Despite its strong location, the property was only 45% occupied and had...
Noah Loveland of ELIFIN®, specializing in Retail Sales & Leasing, represented the seller in the successful transaction at 2328 Metairie Rd. Challenge The sale presented a unique regulatory challenge. While the ±16,726 square foot, Class A mixed-use property was well located in the heart of Old Metairie, the buyer’s intended use, a 24-hour emergency and specialty veterinary hospital, was not permitted under...
A weekly update on the commercial real estate landscape of The Northshore. Commercial Sales Recorded Last Week 701 E Pine St, Ponchatoula, LA 70454 Type: Retail Price: $800,000 ($444.44 / SF) Buyer: HARMAN ENTERPRISES LLC Elifin's Notes: A convenience store/gas station sells in Ponchatoula along East Pine Street. 18574 Hwy 22, Ponchatoula, LA 70454 Type: Land Price: Withheld Buyer: ANAMAR PROPERTIES LLC Elifin's Notes: A 2+ acre tract of land sells...
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