Brady Becker and Adrien Foley of ELIFIN® represented the seller in the successful sale of the ±2,200 SF retail property located at 4221 Williams Blvd in Kenner, LA. Challenge The buyer on this deal was new to commercial real estate. A first-time buyer has a lot to learn quickly, from how commercial financing works to what to look for during due diligence,...
Noah Loveland of ELIFIN® represented the seller in the successful sale of the ±18,300 SF retail property located at 13031 Perkins Rd in Baton Rouge, LA. Challenge The seller sold his business, Splash, to Leslie’s in 2023 and leased the building he owned back to them. It was the only property he owned in Baton Rouge, and he lives in Shreveport. The...
Noah Loveland of ELIFIN® represented the buyer in the successful acquisition of the ±24,300 SF retail property located at 122 S Airline Hwy in Gonzales, LA. Challenge The buyer had a well-defined investment criteria: stabilized Walmart shadow centers in high-growth markets with strong re-leasing potential if a tenant turned over. Ascension Parish, the fastest growing parish in Louisiana, checked every box. When...
Adrien Foley and Brady Becker of ELIFIN® represented the tenant in the successful lease of the ±10,135 SF retail space located at 64 Westbank Expy, Unit 220 in Gretna, LA. Challenge The center already had two dominant anchor tenants in place, Rooms to Go and Home Depot, each with exclusive-use and prohibited-use clauses built into their leases. Those clauses restrict which businesses...
Adrien Foley and Brady Becker of ELIFIN® represented the seller in the successful sale of the ±3,600 SF retail property located at 3116 Metairie Rd in Metairie, LA. Challenge The property had been the home of the family business for years, and selling it meant closing a chapter that carried real history. But beyond the sentimental weight of the decision, the building...
Adrien Foley and Brady Becker of ELIFIN® represented both the buyer and seller in the successful sale of the ±3,581 SF retail property located at 3521 Veterans Blvd in Metairie, LA. Challenge The seller did not want a long, drawn out process. He had one condition: the deal needed to close within 25 days of going under contract. That left...
Noah Loveland and Benji Azar of ELIFIN® represented the buyer in the successful acquisition of the ±21,780 SF retail strip center located at 18539 Hwy 22 in Ponchatoula, LA. Challenge The buyer had just sold a 44-unit multifamily property and needed to place the proceeds into a replacement asset through a 1031 exchange before a hard deadline. Missing that window...
Brady Becker and Adrien Foley of ELIFIN® represented the buyer in the successful acquisition of the multi-tenant retail property located at 521, 525 Harrison Ave in New Orleans, LA. Challenge The buyer was under contract on a three-unit retail building in Lakeview with financing in progress when one of the tenants, who had been occupying on a month-to-month basis, gave notice and...
Adrien Foley and Brady Becker of ELIFIN® represented the buyer in the successful acquisition of the ±8,000 SF retail property located at 2310 Cecilia Sr High School Hwy in Breaux Bridge, LA. Challenge The property was occupied by Dollar General, and coordinating the change of ownership with their organization meant working through multiple layers of internal gatekeepers. The timing had...
Brady Becker and Adrien Foley of ELIFIN® represented the buyer in the successful acquisition of the ±14,699 SF retail property located at 102 Hatchell Lane in Denham Springs, LA. Challenge The due diligence process uncovered a pair of title issues that brought the transaction to the edge of collapse. An outdated survey and discrepancies across two separate abstracts of title...
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