The February 26, 2024 issue covers five commercial sales recorded across Baton Rouge and Ascension the previous week. The headline deal: RRL Holdings LLC bought, across three separate transactions, two vacant land parcels totaling 25+ acres at the intersection of I-10 and Highway 941 in Gonzales. Land and office accounted for two sales each, as Exxon Mobil Corporation bought lots...
The February 26, 2024 issue covers five commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: ATHLOS ACADEMY OF JEFFERSON bought its charter school property at 979 Behrman Highway in Terrytown. Retail accounted for two of the five sales, including Goody's Seafood, a retail grocery on 4th Street in Harvey that sold, and the...
The February 19, 2024 issue covers five commercial sales recorded across Lafayette the previous week. The headline deal: DB CAMELLIA LAND LLC, a Baton Rouge-based entity, bought 19.049 acres at the end of East Bluebird Drive off Camellia Boulevard. Land led the week with three of the five sales, including 15.9+ acres next to Lafayette Renaissance Charter High School, bought...
The February 19, 2024 issue covers four commercial sales recorded across Baton Rouge and Ascension the previous week. The headline deal: Kidz Karousel-Rouzan Realty LLC, local early childhood development center Kidz Karousel, bought acreage off Perkins Road in the Rouzan Commercial neighborhood. A Florida-based investor bought the Best Child Care daycare on Old Hammond Highway, Gordon McKernan bought an office...
The February 19, 2024 issue covers seven commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: CROWN ENTERPRISES LLC, a Michigan-based commercial real estate development entity, bought a truck terminal at 12169 Old Gentilly Road, one of eight properties it bought through Yellow Trucking's bankruptcy bidding process. Industrial and retail led the week with...
Overall Dollar Volume is down 3.89% The trailing 12 month total dollar volume of sales was $589.6M at the end of Jan 2024 vs. $613.4M at the end of the prior month. Overall Deal Velocity is down 3.5% The trailing 12 month sale count was 413 at the end of Jan 2024 vs. 428 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/03/Market-Report-Baton-Rouge-LA-January-2024.pdf" attachment_id="10841"...
Overall Dollar Volume is up 3.88% The trailing 12 month total dollar volume of sales was $670.1M at the end of Jan 2024 vs. $645.0M at the end of the prior month. Overall Deal Velocity is up 1.76% The trailing 12 month sale count was 404 at the end of Jan 2024 vs. 397 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/03/Market-Report-New-Orleans-LA-January-2024.pdf" attachment_id="10840"...
The February 12, 2024 issue covers four commercial sales recorded across Lafayette the previous week. The headline deal: SHREYANSH LLC bought an industrial property on Beau Pre Road near West Pinhook Road. Each of the four sales was a different property type, among them the La Roulette Mobile Home Park in Carencro, bought by a pair of Morse, Louisiana-based investors,...
The February 12, 2024 issue covers ten commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: JMRV SUPERIOR INVESTMENTS LLC, a California-based investor, bought a mobile home park at 7500 Chef Menteur Highway in the Viavant/Venetian Isles area. Office led the week with four of the ten sales, including an office flex warehouse near...
The February 12, 2024 issue covers thirteen commercial sales recorded across Baton Rouge and Ascension the previous week. The headline deal: Brock's Real Estate LLC, a Shreveport-based investor, bought a service station near the corner of Greenwell Springs Road and Airline Highway. Self-storage led the week with five of the thirteen sales, all bought by Florida-based Storage Rentals of America...
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