14 Jan Unlocking Value: How Elifin Helped a Growing Business Find the Space It Needed

Alex Ruch of ELIFIN^® represented the buyer in the successful acquisition of a 41,825-square-foot industrial warehouse located at 2105 Oak Villa Blvd in Baton Rouge, Louisiana. .

Challenge

Cornerstone Commercial Flooring has built a rapidly expanding, multi-state business. Having outgrown their existing headquarters, founder Jim Lloyd, engaged ELIFIN® to assist in securing a larger facility. The company’s primary criteria for a new space included an appropriate location, enough square footage to accommodate their expanding team, and a price that aligned with the budget. From the outset, identifying a parcel of land that satisfied the size, location, and budget criteria presented a significant challenge.

Strategy

Understanding Cornerstone’s needs, Alex began researching options to meet their requirements. After recalling a high-quality warehouse that was recently listed, Alex suggested expanding the search to include existing properties in addition to land. During the tour of the warehouse space, it became clear that the property owner was motivated to sell and might accept a discounted offer. This presented a strategic opportunity to secure a property that met the size and location needs at a favorable price.

Result

ELIFIN® and the client worked together to move quickly, submit an aggressive offer, and ultimately close shortly thereafter. As a result, Jim secured a property that perfectly matched his size requirements at a significantly lower cost than new construction. The facility’s quality and appearance also elevated the image of his business, giving Cornerstone Commercial Flooring a headquarters that reflects the strength and professionalism of the company.

Client Testimonial

Working with Alex Ruch and the Elfin team through the Oak Villa purchase was smooth and seamless. Finding the right building for our consolidation was paramount. They even helped us sell 2 buildings quickly while also finding a tenant for some of our excess space. They communicated clearly, anticipated challenges before they surfaced and even got creative with an owner financed bond for deed idea to help move one of them along. What stood out most was their ability to bring solutions, not obstacles. They made a complex transaction feel simple, and their consistency and follow-through gave our team real confidence from start to finish.

Leading Agent

Alex Ruch

aruch@elifinrealty.com
Direct: 225-485-0238
Office: 800-895-9329