News

29 Mar Market Report – Baton Rouge, LA – February 2023

Posted at 08:59h in Market Report: Baton Rouge, Monthly Sales Reports by ELIFIN® 0 Comments

DOWNLOAD FULL REPORT (PDF) Overall Dollar Volume is down 2.67%. The trailing 12 month total dollar volume of sales was $1.133B at the end of Feb 2023 vs. $1.164B at the end of the prior month. Overall Deal Velocity is steady. The trailing 12 month sale count was 530 at the end of Feb 2023. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2023/03/Market-Report-Baton-Rouge-LA-February-2023-ELIFIN.pdf" attachment_id="7228" viewer_width=100% viewer_height=800px fullscreen=true download=true print=true]...

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27 Mar Famous Uptown Pascal’s Manale Restaurant sells

Posted at 09:06h in The Pulse, The Pulse: New Orleans by ELIFIN® 0 Comments

The March 27, 2023 issue covers eleven commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: TEJANI HOLDINGS LOUISIANA LLC, Vinton, Louisiana-based investors, bought a two-building property with the former Jubilee Casino and a truck stop, gas station and restaurant at 15200 Chef Menteur Highway in the Venetian Isles area. Industrial led the week...

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27 Mar California Firm purchases Dollar General on S Flannery

Posted at 09:02h in The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

The March 27, 2023 issue covers nine commercial sales recorded across Baton Rouge the previous week. The headline deal: Big Boss Perkins LLC, a local investor, bought the Circle K on Perkins Road. Retail led the week with three of the nine sales, including a convenience store near LSU's North Gates bought by Big Boss Nicholson LLC and the Dollar...

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20 Mar Magazine Street retail building sells

Posted at 09:27h in The Pulse, The Pulse: New Orleans by ELIFIN® 0 Comments

The March 20, 2023 issue covers nine commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: FORTY ELEVEN LLC bought a two-story retail building at 4011 Magazine Street in the Touro area. Retail and industrial led the week with three sales each, including Hamdan Sons Investments' purchase of a former Midas Auto Repair property...

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20 Mar Sherwood Pointe shopping center sells

Posted at 09:23h in The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

The March 20, 2023 issue covers twelve commercial sales recorded across Baton Rouge the previous week. The headline deal: JM Test RE Acquisition LLC, for Chicago-based business investment firm Kanbrick, bought JM Test Systems' facility on Tom Drive as part of Kanbrick's purchase of the company. Industrial and office led with four sales each, while local investors bought the Sherwood...

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13 Mar Your Weekly Sales plus Elifin named Company of Year by Business Report

Posted at 08:41h in The Pulse, The Pulse: New Orleans by ELIFIN® 0 Comments

The March 13, 2023 issue covers eleven commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: TERRYTOWN RESIDENCES LLC, local investor Imad Hamdan, bought the 304-unit Louisburg Square Apartments at 608 Farmington Place and 1960 Daniels Road in the Terrytown/Gretna area. Industrial led the week with four of the eleven sales, while Hamdan also...

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13 Mar Your Weekly Sales plus Elifin named Company of Year by Business Report

Posted at 08:39h in The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

The March 13, 2023 issue covers seven commercial sales recorded across Baton Rouge the previous week. The headline deal: FIDC 131 LLC, for Ohio-based Cocca Development, bought the former Lancaster House location on Hooper Road in Central. Retail led the week with three of the seven sales, including the Chicken Shack at Scotland Avenue and Scenic Highway, bought by the...

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06 Mar 11-Unit Boutique Hotel in Uptown sells

Posted at 09:35h in The Pulse, The Pulse: New Orleans by ELIFIN® 0 Comments

The March 6, 2023 issue covers twelve commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: CMP 1 LLC bought three adjoining parcels with three multifamily buildings totaling eight units on Adams Street. Retail led the week with six of the twelve sales, while Chicago-based investors bought a recently updated 11-unit boutique hotel on...

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06 Mar Lane Regional purchases pharmacy on Main St

Posted at 09:25h in The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

The March 6, 2023 issue covers ten commercial sales recorded across Baton Rouge the previous week. The headline deal: Fidelity Bank bought a former Capital One branch on Bluebonnet Boulevard across from the Mall of Louisiana. Office led the week with three of the ten sales, while Lane Regional Medical Center bought the pharmacy next to its hospital facility on...

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27 Feb 96-Unit TownePlace Suites by Marriott sells

Posted at 08:39h in The Pulse, The Pulse: New Orleans by ELIFIN® 0 Comments

The February 27, 2023 issue covers four commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: GOVERNMENT ENTERPRISES LLC bought 0.15 acres of C-1 zoned land at 4534 Belle Drive in the Pontchartrain Shores area of Metairie. The four sales were split among land, specialty, office and hospitality properties, including a Mississippi-based investor's purchase...

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