News

Meribo restaurant owners purchase their location

The September 7, 2026 issue covers eight commercial sales recorded on the Northshore the previous week, totaling $6.06M in disclosed volume. The headline deal: MERIBO LLC paid $1.3M ($433.62/SF) for a restaurant property on Lee Lane in Covington. Land made up three of the eight sales, including a 3+ acre parcel of commercial land on West Causeway Approach for $1M,...

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Large industrial property sold for nearly 4 million

The September 7, 2026 issue covers twelve commercial sales recorded across Lafayette the previous week, totaling $11.5M in disclosed volume. The headline deal: Get-A-Way Retreats LLC and 350 Griffin Road, LLC paid $3.9M ($138.05/SF) for a large industrial property in Youngsville. Land made up four of the 12 sales, including a 29+ acre parcel on Ambassador Caffery Parkway in Broussard...

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Restaurant owners purchase Uptown property

The September 7, 2026 issue covers nine commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $5.68M in disclosed volume. The headline deal: PENTAGON INVESTORS LLC paid $1.45M ($399.78/SF) for a multi-tenant retail property on Harrison Avenue. Office made up four of the nine sales and retail three, including an Uptown property on Tchoupitoulas Street bought...

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Texas company purchases Bluebonnet Reserve for 62 million

The September 7, 2026 issue covers sixteen commercial sales recorded across Baton Rouge and Ascension the previous week, totaling $72.1M in disclosed volume. The headline deal: Bluebonnet Reserve BR LLC, a Texas-based company, paid $62M ($191,358/unit) for Bluebonnet Reserve, a 324-unit multifamily property on Bluebonnet Boulevard. Retail made up seven of the 16 sales, including two former Allstar dealerships bought...

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Baton Rouge Office Building Sold at a Profit Instead of Re-Leased

Fabian Edwards of ELIFIN® represented the seller in the successful sale of the ±4,086 SF office property located at 10527 Kentshire Ct in Baton Rouge, LA. Challenge The previous tenant had made modifications to the building during their tenancy that left the space in a configuration that was difficult to re-lease. Finding a new tenant willing to take the space...

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CIS Industries Expands Operations with New Office at 4726 Government St

September 4, 2026- Baton Rouge, LA – Alex Ruch, Senior Vice President – Industrial Sales & Leasing at ELIFIN® is pleased to announce the successful acquisition of 4726 Government St by CIS Industries. The property provides approximately 8,660 square feet of office space with 120 feet of frontage along a high-traffic corridor and is set to serve as an expansion...

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Florida-based charter school company purchases land

The August 31, 2026 issue covers eleven commercial sales recorded on the Northshore the previous week, totaling $18.7M in disclosed volume. The headline deal: RED APPLE AT ST TAMMANY UPPER LLC, a Florida-based charter school company, paid $6.23M ($7.00/land SF) for a 20+ acre parcel on South Ochsner Boulevard in Covington, next to a tract it bought earlier this year....

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Terrace Centre sold for over 3 million

The August 31, 2026 issue covers eleven commercial sales recorded across Lafayette the previous week, totaling $7.58M in disclosed volume. The headline deal: MADEL REALTY LLC paid $3.15M ($76.83/SF) for Terrace Centre, a Class B office building off Ambassador Caffery Parkway. Land and industrial each accounted for four of the 11 sales, a Florida-based company paid $1.44M for a Starbucks...

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High-rise in the CBD sells for 27 million

The August 31, 2026 issue covers thirteen commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $33.7M in disclosed volume. The headline deal: 200 CARONDELET PORTFOLIO, LLC paid $27.2M ($143,736/unit) for a 189-unit high-rise apartment property in the Central Business District. Retail made up five of the 13 sales, and a 29-unit multifamily property off North...

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