22 Jun The Pulse Northshore: American Bank acquires property in Mandeville

A weekly update on the commercial real estate landscape of The Northshore.

Commercial Sales Recorded Last Week

350 N Causeway Blvd, Mandeville, LA 70448

Type: Office
Price: $910,000 ($203.03 / SF)
Buyer: AMERICAN BANK & TRUST
Elifin’s Notes: American Bank and Trust acquires an additional office property on North Causeway Boulevard.

40355 Hwy 190 E, Slidell, LA 70461

Type: Retail
Price: $875,000 ($87.50 / SF)
Buyer: KASTNER ENTERPRISES, L.L.C.
Elifin’s Notes: An auto service center property sells in Slidell.

406 N Causeway Blvd, Mandeville, LA 70448

Type: Retail
Price: $585,000 ($409.09 / SF)
Buyer: AMERICAN BANK & TRUST
Elifin’s Notes: American bank acquires a bank property on North Causeway Boulevard.

60054 Hwy 1046, Amite City, LA 70422

Type: Multifamily
Price: $130,000 ($10,000 / Unit)
Buyer: TWIN OAKS MHP LLC
Elifin’s Notes: A mobile home park sells on Hwy 1046.

Commercial Permits Issued Last Week

Sale records included based on the following parameters: Building and commercial land sales with a sales price that is either withheld or greater than or equal to $100,000. Multifamily sales greater than or equal to 5 units. Sale must be an arm’s length transaction (between unrelated parties). Best efforts are made to provide complete and reliable information, but accuracy is not guaranteed and the reader bears the responsibility to verify the accuracy of such information prior to forwarding it, utilizing it, or relying on it in any way.