Research

The Pulse LFT: The Axis Lafayette apartments on Theater Street sell

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 200 Theater St Type: Multifamily Price: $10,950,000 ($20,897 / Unit) Buyer: ACADIA BEND LLC Elifin's Notes: The Axis Lafayette, apartment complex, sells to an Alabama-based entity for $10.95 MM near Cajun Field off of Theater Street, named for the once famous Westwood Theater 1921 Kaliste Saloom Rd, Suite 124 Type: Retail Price: $481,000...

Read More

The Pulse NOLA: Travelodge Hotel in West Harvey sells

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 2200 Westbank Expy Type: Hospitality Price: $4,300,000 ($20,283 / Unit) Buyer: SHREE MAA AMBE LLC Elifin's Notes: Entity purchases the Travelodge Hotel in West Harvey 2231 Peters Rd Type: Industrial Price: $1,100,000 ($31.28 / SF) Buyer: 2231 PETERS ROAD LLC Elifin's Notes: Local industrial business owner purchases an industrial property with warehouse and office...

Read More

The Pulse BR: The Lodges at 777 on Ben Hur sell

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 777 Ben Hur Road Type: Multifamily Price: $84,400,000 ($220,942 / Unit) Buyer: LMP Baton Rouge Property Owner LLC Elifin's Notes: The Lodges at 777, a 382 unit apartment complex near LSU's campus, sells to Landmark Properties, a Georgia-based multifamily investment firm. 18222 E Petroleum Dr Type: Industrial Price: $3,800,000 ($124.50 / SF) Buyer:...

Read More

The Pulse CBUS: Obetz area self-storage facility sells for 3mm

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 3901 Groveport Rd Type: Self-Storage Price: $3,000,000 ($13,761 / Unit) Buyer: RUDOLPH SELF STORAGE LLC Elifin's Notes: Self-storage facility property sells in the Obetz area 100 Fornoff Rd Type: Industrial Price: $2,300,000 ($48.90 / SF) Buyer: FORNOF PROPERTIES LLC Elifin's Notes: Located at 84-100 Fornoff Road, this multi-faceted industrial property sells in the Scioto Southland...

Read More

Top Permits issued in the New Orleans area, July 10, 2023

// Article originally appeared in New Orleans City Business on July 10, 2023 Prior to the Fourth of July holiday, permits were issued to 921 Canal Street for continuing renovations to guestrooms, corridors, and a lounge area refresh. With a planned completion for late 2023, these upgrades are the latest in a slew of upgrades being performed at the Ritz-Carlton. In...

Read More

The Pulse LFT: Three more downtown properties sold on Jefferson St

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 315 S College Rd Type: Office Price: $3,500,000 ($62.38 / SF) Buyer: JCD FAMILY PROPERTY HOLDINGS LLC; BILLET LLC Elifin's Notes: Lafayette investors team up to purchase an office building off of South College Drive 417 Jefferson St Type: Retail Price: $1,158,000 ($116.97 / SF) Buyer: GROUSE ROOM LLC THE Elifin's Notes: Entity purchases restaurant/bar...

Read More

The Pulse NOLA: Land sells on Elmwood Park for 1mm

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 1090 Elmwood Park Blvd Type: Land Price: $1,000,000 ($25.51 / Land SF) Buyer: JEFFERSON PARISH EMPLOYEES FEDERAL CREDIT UNION Elifin's Notes: Nearly an acre of vacant commercial land sells in the Elmwood Industrial Park area 1418 Magazine St Type: Mixed-Use Price: $800,000 ($252.05 / SF) Buyer: Midcity Holdings, LLC of LA Elifin's Notes: Mixed...

Read More

The Pulse CBUS: Industrial Property sells for 21 Million

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 4300 Janitrol Rd Type: Industrial Price: $21,000,000 ($42.93 / SF) Buyer: COLUMBUS INDUSTRIAL ASSOCIATES LLC Elifin's Notes: Industrial warehouse center property sells in the Westland area 40 Mcmillen Ave Type: Multifamily Price: $1,925,000 ($106,944 / Unit) Buyer: Bowers, Julie; Bowers, Jason Elifin's Notes: Multifamily property sells in the South Campus area 3712 Ridge Mill Dr Type: Office Price:...

Read More

The Pulse BR: 364 acres purchased for new neighborhood

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week Old Scenic Hwy at Groom Rd Type: Land Price: $2,750,000 ($0.18 / Land SF) Buyer: Trivento Development LLC Elifin's Notes: Developer Arthur Lancaster purchases 364 acres on the corner of Old Scenic Hwy and Groom Rd with plans to develop a residential neighborhood. 12110 Old Hammond Hwy Type: Retail Price: $400,000 ($55.17...

Read More

The Pulse BR: 8-story office building on Florida Blvd sold

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 11720 Perkins Rd Type: Land Price: $1,600,000 ($11.62 / Land SF) Buyer: Jonathan Cheplak Elifin's Notes: Nevada-based buyer purchases a commercially zoned lot of 3+ acres on Perkins Rd. 10313 Jefferson Hwy Type: Land Price: $615,000 ($9.35 / Land SF) Buyer: DO Jefferson LLC Elifin's Notes: Local investors purchase 1.5+ acres on Jefferson Hwy. 5835...

Read More