News

14 Jul The Pulse BR: Office building sells for 2.1mm

Posted at 10:17h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 7600 Innovation Park Rd, Baton Rouge, LA 70820 Type: Office Price: $2,105,000 ($126.30 / SF) Buyer: Compliance Envirosystems LLC Elifin's Notes: Compliance Envirosystems LLC acquires an office property along with a vacant parcel on Innovation Park Drive. 20214 Tucker Rd, Zachary, LA 70791 Type: Land Price: $1,000,000 ($0.49 / Land...

07 Jul The Pulse LFT: Travis Technology Center sells for 2.45mm

Posted at 09:18h in Research, The Pulse, The Pulse: Lafayette by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1001 Hwy 182, Broussard, LA 70518 Type: Industrial Price: $3,500,000 ($228.31 / SF) Buyer: 1001 HWY 182 LLC Elifin's Notes: An office/flex property, along with 13.5+ acres of adjacent undeveloped land, sells in Broussard. 110 Travis St, Lafayette, LA 70503 Type: Office Price: $2,450,000 ($74.38 / SF) Buyer: TRAVIS PARTNERS LLC Elifin's Notes: The Travis...

07 Jul The Pulse NOLA: Jefferson Business Center sells for 11.4mm

Posted at 09:16h in Research, The Pulse, The Pulse: New Orleans by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 520, 524 Elmwood Park Blvd, Elmwood, LA 70123 Type: Office Price: $11,443,300 ($109.86 / SF) Buyer: JEFFERSON BUSINESS CENTER INVESTMENT LLC Elifin's Notes: The Jefferson Business Center changes ownership in Elmwood. 212 E Airline Hwy, Kenner, LA 70062 Type: Land Price: $4,550,000 ($14.93 / Land SF) Buyer: 5950 SB GEORGIA HOLDINGS LLC Elifin's Notes:...

07 Jul The Pulse BR: 77-Room hotel sells near BTR

Posted at 09:15h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 2949 Varsity St, Baton Rouge, LA 70807 Type: Hospitality Price: $1,400,000 ($18,182 / Unit) Buyer: Brothers Hospitality LLC Elifin's Notes: A hotel property with 77 rooms changes ownership across from the Baton Rouge Metropolitan Airport. Tract A Hwy 22, Darrow, LA 70725 Type: Land Price: $1,392,000 ($0.36 / Land SF) Buyer:...

01 Jul Restoration 1 Purchases New Facility as Rapid Growth Continues

Posted at 09:04h in News, Press Releases by ELIFIN® 0 Comments

July 1, 2025- Baton Rouge, LA – ELIFIN® is pleased to announce the successful sale of 12320 South Choctaw Dr in Baton Rouge to David and Marissa Hofstetter, owners of Restoration 1 of East Baton Rouge. The purchase reflects the company’s continued rapid growth and expansion as they scale operations to meet rising demand across the region. The ±15,000 SF facility...

30 Jun The Pulse LFT: Donut shop property sells on Johnston Street

Posted at 09:15h in Research, The Pulse, The Pulse: Lafayette by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 110 Rue Jean Lafitte, Lafayette, LA 70508 Type: Office Price: $1,700,000 ($91.89 / SF) Buyer: JA PROPERTY MANAGEMENT LLC Elifin's Notes: JA Property Management LLC acquires an office property along with a vacant parcel on Rue Jean Lafitte. 206 Cummings Rd, Broussard, LA 70518 Type: Industrial Price: $1,265,000 ($83.92 / SF) Buyer: ROSEMARIE PETTIT...

30 Jun The Pulse NOLA: 718-Unit multifamily property sells

Posted at 09:14h in Research, The Pulse, The Pulse: New Orleans by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 888 Terry Pkwy, Terrytown, LA 70056 Type: Retail Price: $2,660,000 ($243.01 / SF) Buyer: DALAHN 2 LLC Elifin's Notes: A local investor purchases the CVS Property on the Terry Parkway in Terrytown. 3127, 3129 Short St, New Orleans, LA 70125 Type: Retail Price: $1,700,000 ($256.80 / SF) Buyer: ALLISON & GLENN INC Elifin's Notes:...

30 Jun The Pulse BR: Newly-built Take 5 property changes hands

Posted at 09:13h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 5811 Creek Centre Dr, Baton Rouge, LA 70820 Type: Land Price: $2,000,000 ($45.06 / Land SF) Buyer: JP Morgan Chase Bank Elifin's Notes: JP Morgan Chase Bank acquires a 1+ acre parcel of commercial vacant land off Burbank Drive near Lee Drive. 9728 Sullivan Rd, Baton Rouge, LA...

27 Jun Market Report – New Orleans, LA – May 2025

Posted at 10:00h in Insights, Market Report: New Orleans, Research by ELIFIN® 0 Comments

Overall Dollar Volume is down 3.67% The trailing 12 month total dollar volume of sales was $727.2M at the end of May 2025 vs. $755.0M at the end of the prior month. Overall Deal Velocity is down 0.58% The trailing 12 month sale count was 512 at the end of May 2025 vs. 515 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2025/06/Market-Report-New-Orleans-LA-May-2025.pdf" attachment_id="17554"...

27 Jun Market Report – Baton Rouge, LA – May 2025

Posted at 09:59h in Insights, Market Report: Baton Rouge, Research by ELIFIN® 0 Comments

Overall Dollar Volume is up 25.74% The trailing 12 month total dollar volume of sales was $542.7M at the end of May 2025 vs. $431.6M at the end of the prior month. Overall Deal Velocity is up 3.72% The trailing 12 month sale count was 362 at the end of May 2025 vs. 349 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2025/06/Market-Report-Baton-Rouge-LA-May-2025.pdf" attachment_id="17556"...