News

The Pulse LFT: Acadian Ambulance acquires Boys & Girls Club building

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1013 S Hugh Wallis Rd, Lafayette, LA 70508 Type: Land Price: $575,000 ($4.00 / Land SF) Buyer: GSL HOMES LLC Elifin's Notes: This 3+ acre parcel of land, according to the plat map, is divided into 2 commercial and 8 residential lots. 417 W Main St, Broussard, LA 70518 Type: Retail Price: $430,000...

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The Pulse NOLA: Le Pavilion luxury hotel sells

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 3701 Hwy 90, Avondale, LA 70094 Type: Self-Storage Price: $5,100,000 ($35,915 / Unit) Buyer: 3701 US 90 PROPERTY OWNER LLC Elifin's Notes: A self-storage property changes hands adjacent to Snow Hilton Park on Highway 90 in Avondale. 247 W Harrison Ave, New Orleans, LA 70124 Type: Retail Price: $1,450,000 ($327.31 / SF) Buyer:...

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The Pulse BR: $30mm permit issued for Our Lady of The Lake

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 17363 Vallee Ct, Prairieville, LA 70769 Type: Industrial Price: $465,000 ($66.43 / SF) Buyer: Intense Volleyball L3C Elifin's Notes: An industrial property with a pair of connected metal warehouses sells on Vallee Court. 41063 Don Lou Dr, Gonzales, LA 70737 Type: Industrial Price: $430,000 ($86.00 / SF) Buyer: Owens, Casey John Elifin's...

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Strategic Coordination Drives a Successful Net Lease Sale

ELIFIN®’s Adrien Foley and Brady Becker, represented both parties on the sale of the auto repair property at 2118 Kenner Ave in Kenner, LA. Challenge This transaction involved a net lease sale with multiple sophisticated parties. The tenant, Gerber, is a national credit tenant, and the buyer, Agree Realty, is a publicly traded REIT. As a result, the deal required navigating...

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Resolving Inspection Negotiations to Achieve a Win-Win Sale

The 5,400 square foot retail property located at 3212 W Esplanade Ave N sold to Fleurty Girl owner for $1.25 million. Adrien Foley and Brady Becker of ELIFIN® represented the seller in this transaction.  Challenge Brady and Adrien were tasked with selling the former Quality Seeds location. After successfully finding a buyer, during the due diligence phase, inspection findings led the buyer...

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Repositioning a Stalled Listing for a Successful Sale

ELIFIN® agents, Peter Laville and Lindsay Redhead, facilitated the sale of an 18.14 acre tract of land off Florida Blvd in Baton Rouge. Challenge This opportunity was more than a single transaction; it was a long-term pursuit. Peter and Lindsay initially pitched to the owner of the property more than a year before actually securing the listing. In 2024, the seller...

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The Pulse Northshore: Restaurant property in Covington sold

A weekly update on the commercial real estate landscape of The Northshore. Commercial Sales Recorded Last Week 273 General Patton Ave, Mandeville, LA 70471 Type: Industrial Price: $635,000 ($100.79 / SF) Buyer: LOUISIANA REVITALIZATION FUND LLC Elifin's Notes: A newly constructed industrial property sells off of Highway 59 in Mandeville. 27061 Louisiana 435, Abita Springs, LA 70420 Type: Land Price: $485,000 ($0.39 / Land SF) Buyer: MARK & KASEY LLC Elifin's...

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The Pulse LFT: 101 acres sold in Broussard

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 400 Blk, 435 Bayou Tortue Rd; 200 Blk Lafferty Dr, Broussard, LA 70518 Type: Land Price: $2,050,000 ($0.46 / Land SF) Buyer: PLATINUM BUSINESS PROPERTY LLC Elifin's Notes: A set of three parcels of land totaling more than 101 acres sells off of Bayou Tortue Road. 617 Stewart St, Lafayette, LA...

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The Pulse NOLA: Poydras Tower sold

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 1012 Harimaw Ct E, Metairie, LA 70001 Type: Industrial Price: $1,525,000 ($96.57 / SF) Buyer: THWG LLC Elifin's Notes: An industrial property changes hands within Metairie's Labarre Business Park. 6101 Chatham Dr, New Orleans, LA 70122 Type: Land Price: $977,500 ($8.50 / Land SF) Buyer: DEUX SAINT LLC Elifin's Notes: This 2.64 acre parcel...

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The Pulse BR: Elevate Church purchases retail center in Baker

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 12250 Plank Rd, Baton Rouge, LA 70811 Type: Retail Price: $1,200,000 ($15.58 / SF) Buyer: Elevate Church Baton Rouge Inc Elifin's Notes: A former grocery anchored retail center property changes ownership at the corner of Plank Road and Comite Drive. 2941 S Ruby St, Gonzales, LA...

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