News

Former Gerry Lane Facility on Florida Boulevard Hits the Market

DOWNLOAD PDF March 9th, 2020 - Baton Rouge, LA – Mathew Laborde and Will Chadwick, of Elifin Realty, have announced that they are bringing the property located at 4917 Florida Boulevard to market.   The location, formerly occupied by Gerry Lane, sits near the intersection of Florida Boulevard and N Foster Drive in a high traffic corridor of Baton Rouge that has seen...

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The Pulse: Hammond Aire Sells & Street Name Change to Burrow Road

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week Hammond Aire Shopping Center: Lot B-1-A-1, B-1-G, B-1-B-1-A Airline Hwy Price: Price Withheld Buyer: Hammond Aire, LLC, Mont Belview Properties V, LLC Elifin's Notes : Hammond Aire Plaza Shopping Center purchased by Hammond Aire, LLC and Mont Belview Properties V, LLC. Price withheld. 11726 Richcroft Ave Price: $435,000 ($24 /...

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The Right and Wrong Way to Divide a Market into Submarkets

Has anyone ever attempted to create submarkets? When analyzing trends in a real estate market, it can be very helpful to divide that market into submarkets because stats such as sale prices and transaction volume can differ greatly from one pocket of a Parish / County to another. Here are the submarkets Elifin Realty created for one of our recent research reports...

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The Pulse: Embassy Apartments Sell for $11.6 Million

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 3918, 3928, 3942, 3964 Gourrier Ave Price: $11,600,000 ($77,333 / Unit) Buyer: Tiger Pointe Owner LLC Elifin's Notes : New York firm CLK Properties purchases the Embassy Apartments, a 150 unit complex off Nicholson Dr near the LSU campus. 10040 Burbank Dr Price: Price Withheld Buyer: Agree Stores LLC Elifin's Notes :...

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The Pulse: Baton Rouge Medical Clinic Sells for $4.1 Million

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 505 E Airport Ave Price: $4,122,000 ($318 / SF) Buyer: Yellowhammer Partners LLC Elifin's Notes : Peranich Huffman Net Lease Group, a Texas real estate brokerage firm specializing in single tenant medical office and dialysis property investment sales, purchase facility Baton Rouge Vascular Access clinic. 8046, 8050 Florida Blvd Price:...

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The Pulse: Is Your Office Too Boring?

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 7855 Howell Blvd Price: $7,175,000 ($94 / SF) Buyer: NEC Baton Rouge LP Elifin's Notes : Champion Medical Office Building sells to Texas-based investment firm, New Era Companies. 11930 S Harrell's Ferry Rd Price: $1,200,000 ($103 / SF) Buyer: Mallery Charles Mele II Elifin's Notes : Covington-based Mele Printing purchase Printing Tech...

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Law Firm Solidifying Downtown Commitment at II City Plaza and Adding New Attorneys in 2020

DOWNLOAD PDF February 5th, 2020 - Baton Rouge, LA – George Bonvillain, Office Sales & Leasing Specialist, has announced the lease of a 5th floor suite in II City Plaza to Carleton Hebert Wittenbrink & Shoenfelt, LLC. The Louisiana attorneys of Carleton Hebert Wittenbrink & Shoenfelt, LLC have decades of cumulative legal experience and are excited to expand their footprint in the...

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The Pulse: Atlanta Investor Purchases MidCity Medical Clinic

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 7656 Realtors Ave Price: $825,353 ($103 / SF) Buyer: HF FMC Realtors LLC Elifin's Notes : Atlanta-based investor purchases Fresenius Kidney Care Bon Carre medical office on Realtor's Ave off of Lobdell Blvd. 6338 Quinn Dr Price: $103,000 ($49 / SF) Buyer: Sunrise Property Group LLC Elifin's Notes : Office building sells...

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