Research

Top Permits issued in the New Orleans area, September 5, 2023

// Article originally appeared in New Orleans City Business on September 5, 2023 Permits were issued this week with regards to heating and cooling systems for the newly-built 16-story, 340-room hotel tower at 8 Canal Place, or, more colloquially, the new hotel at Caesars New Orleans. Conceived through a partnership between Nobu Matsuhisa, Robert De Niro and Meir Teper, Nobu’s first...

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The Pulse LFT: Local developer purchases 55 acres in Broussard

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 500 Tolson Rd Type: Land Price: $2,647,175 ($1.09 / Land SF) Buyer: HAMILTON PARC SUBDIVISION LLC Elifin's Notes: Local developer purchases 55+ acres off of Verot School Road near Broussard 1799 Camellia Blvd Type: Land Price: $1,769,488 ($19.68 / Land SF) Buyer: HAMILTON PLANTATION CORPORATION Elifin's Notes: A 2+ acre parcel of land within an...

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The Pulse CBUS: The View on Grant apartments sold for 17 million

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 350 Mt Vernon Ave Type: Multifamily Price: $17,250,000 ($200,581 / Unit) Buyer: VOG COLUMBUS LLC Elifin's Notes: An apartment building with 86-units along with a street-level retail space sells at the corner of Mt Vernon and North Grant Street 1489 Rohr Rd Type: Land Price: $11,407,110 ($4.20 / Land SF) Buyer: CCBCC OPERATIONS LLC Elifin's...

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The Pulse NOLA: Office and parking lot sold in CBD

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 844 Baronne St Type: Office Price: $1,450,000 ($194.63 / SF) Buyer: 2712 ATHANIA LLC Elifin's Notes: An office building with adjacent parking lot sells in the CBD area 850 Sams Ave Type: Industrial Price: $1,250,000 ($93.31 / SF) Buyer: MICHLER INVESTMENTS LLC Elifin's Notes: An industrial property sells in the Lafreniere Plantation area 1501 Newton...

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The Pulse BR: Walgreens on Highland Road sold for 2.8 million

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 5298 Highland Rd Type: Retail Price: $2,836,364 ($216.52 / SF) Buyer: Cardinal Green Investments LLC Elifin's Notes: Walgreens sells on the corner of Highland Rd and W Lee Dr. 2798 O'Neal Lane, Building B Type: Office Price: $560,000 ($112.00 / SF) Buyer: BP Investment Holdings LLC Elifin's Notes: California-based investors...

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The Pulse LFT: Gardens Office Park unit sells on S Hugh Wallis Rd

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1003 Hugh Wallis Rd S, Unit C Type: Office Price: $354,240 ($135.00 / SF) Buyer: HILLGREEN COMPANY LLC THE Elifin's Notes: An office condominium unit within the Gardens Office Park changes hands along Hugh Wallis Road South 301 Guidry Rd Type: Industrial Price: $190,000 ($39.58 / SF) Buyer: MONTANA LAFAYETTE LLC Elifin's Notes: An industrial...

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The Pulse BR: Behavioral Intervention Group purchases their Siegen Lane clinic

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 8180 Siegen Lane Type: Office Price: $1,475,000 ($81.94 / SF) Buyer: CR Ventures LLC Elifin's Notes: The Behavioral Intervention Group, a learning center, purchases their clinic on Siegen Lane from the Matherne Family. 4065 Florida Blvd Type: Retail Price: $1,116,500 ($58.30 / SF) Buyer: Live Oak Shopping Center LLC Elifin's Notes: The Live Oak...

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The Pulse CBUS: 48 Townhomes in Franklinton sold for 3.75 million

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 769 Canonby Pl Type: Multifamily Price: $3,750,000 ($78,125 / Unit) Buyer: SCIOTO ELEVATE LLC Elifin's Notes: The Scioto Townhomes complex, a 48-unit multifamily property sells in the Franklinton area 3411 Beachworth Dr Type: Multifamily Price: $1,030,000 ($128,750 / Unit) Buyer: KASHINATH JADHAV RUTUPARN TR & BHALCHANDRA DEO GAYATRI TR Elifin's Notes: A pair of quadraplexes,...

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The Pulse NOLA: Colonial Shopping Centre sells in Harahan

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 7335 Jefferson Hwy Type: Retail Price: $5,350,000 ($120.37 / SF) Buyer: JEFFERSON ONE SAI PROPERTY LLC Elifin's Notes: The Colonial Shopping Center sells along Jefferson Highway in Harahan 4511 Clearview Pkwy Type: Retail Price: $1,600,000 Buyer: LUSCO&LUSCO LLC Elifin's Notes: The Charvet's Garden Center property sells in the Pontchartrain Shores area 1820 Dickory Ave Type: Retail Price:...

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Top Permits issued in the New Orleans area, August 21, 2023

// Article originally appeared in New Orleans City Business on August 21, 2023 Permits were granted this week with regards to temporary structures from 400-700 North Claiborne Avenue, in the way of bathrooms, storage containers for portable items, including a stage with ADA ramp, kiosks, hand washing stations, convenience sinks, trash receptacles, tables, and chairs. Congregation on North Claiborne Avenue has...

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