Research

11 Mar The Pulse LFT: Three Wendy’s locations sold last week

Posted at 09:31h in Research, The Pulse, The Pulse: Lafayette by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 3144 Ambassador Caffery Pkwy, Lafayette, LA 70506 Type: Retail Price: $2,272,549 ($766.98 / SF) Buyer: WENDYS PROPERTIES LLC Elifin's Notes: The Wendy's main office acquire one of their franchise properties in front of the Wal-Mart on Ambassador Caffery Parkway 3510 West Pinhook Rd, Lafayette, LA 70508 Type: Retail Price: $2,045,071 ($681.69 / SF) Buyer:...

11 Mar The Pulse NOLA: Caluda’s Cottage Catering purchases their Elmwood location

Posted at 09:12h in Research, The Pulse, The Pulse: New Orleans by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 1332 Esplanade Ave, New Orleans, LA 70116 Type: Multifamily Price: $1,125,000 ($187,500 / Unit) Buyer: 1332 ESPLANADE AVE LLC Elifin's Notes: A 6-unit multifamily property changes hands in Tremé 1536 River Oaks Rd W, New Orleans, LA 70123 Type: Industrial Price: $965,000 ($112.21 / SF) Buyer: COFFEE COTTAGE INC Elifin's Notes: Caluda's Cottage Catering...

11 Mar The Pulse BR: Multi-building retail property sells in Prairieville

Posted at 09:09h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 17340, 17346, 17354 Airline Hwy, Prairieville, LA 70769 Type: Retail Price: $820,000 ($88.79 / SF) Buyer: Lap Nguyen LLC Elifin's Notes: A three building retail property, anchored by the Fat Cat Saloon, sells along Airline Highway in Prairieville 3060 Valley Creek Dr, Baton Rouge, LA 70808 Type: Office Price: $500,000...

04 Mar The Pulse LFT: Development company buys land on Verot School Rd

Posted at 09:30h in Research, The Pulse, The Pulse: Lafayette by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 2880 Verot School Rd, Lafayette, LA 70508 Type: Land Price: $3,000,000 ($3.36 / Land SF) Buyer: MONTROSE DEVELOPMENT COMPANY LLC Elifin's Notes: The Montrose Development Company purchases 20.5+ acres of vacant land at the corner of Vincent Road and Verot School Road 300 Heymann Blvd, 201 Travis St, Lafayette, LA 70503 Type:...

04 Mar The Pulse NOLA: St. Claude convenience store sells for 1.8mm

Posted at 09:23h in Research, The Pulse, The Pulse: New Orleans by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 3200 Saint Claude Ave, New Orleans, LA 70117 Type: Retail Price: $1,800,000 ($473.68 / SF) Buyer: ADAM AND MOE LLC Elifin's Notes: Gretna-based investor purchases a convenience store property with a parking lot sitting along Saint Claude Avenue next to the other property he bought this past week 2218 Poydras...

04 Mar The Pulse BR: Jefferson Lakes apartments sells for 13.75mm

Posted at 09:22h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 12400 Jefferson Hwy, Baton Rouge, LA 70816 Type: Multifamily Price: $13,750,000 ($46,453 / Unit) Buyer: Jefferson Lakes Apt LLC Elifin's Notes: Jefferson Lakes, a 290 unit apartment complex just off the Airline Hwy intersection, sells. 6500 Scenic Hwy, Baton Rouge, LA 70807 Type: Multifamily Price: $7,100,000 ($84,524 / Unit) Buyer: Scenic...

26 Feb The Pulse LFT: 23+ Acres sell to Baton Rouge-based entity

Posted at 09:58h in Research, The Pulse, The Pulse: Lafayette by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week Tract 5-B-2 Fortune Road, Youngsville, LA 70592 Type: Land Price: $1,025,000 ($1.01 / Land SF) Buyer: 9191 VENTURES LLC Elifin's Notes: A Baton Rouge-based entity purchases 23+ acres of vacant land at the intersection of Fortune Road and the Youngsville Highway 801 West University Avenue, Lafayette, LA 70506 Type: Retail Price: $412,000 ($43.35...

26 Feb The Pulse BR: Exxon Mobil purchases land off Scenic Hwy

Posted at 09:02h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 7358 Theola Hines Lane, Gonzales, LA 70737 Type: Land Price: $687,500 ($0.62 / Land SF) Buyer: RRL Holdings LLC Elifin's Notes: Through three separate transactions, RRL Holdings LLC purchases two vacant land parcels combining to hold 25+ acres located at the intersection of I-10 and Hwy 941 326...

26 Feb The Pulse NOLA: Charter school property sells for 27.5mm

Posted at 08:57h in Research, The Pulse, The Pulse: New Orleans by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 979 Behrman Highway, Terrytown, LA 70056 Type: Specialty Price: $27,500,755 ($305.56 / SF) Buyer: ATHLOS ACADEMY OF JEFFERSON Elifin's Notes: Athlos Academy of Jefferson purchases their charter school property in Terrytown 1212 27th Street, Kenner, LA 70062 Type: Industrial Price: $400,000 ($57.47 / SF) Buyer: PRADAT INVESTMENTS LLC Elifin's Notes: An industrial flex property...

19 Feb The Pulse LFT: Charter school developer purchases 15.9+ acres

Posted at 09:13h in Research, The Pulse, The Pulse: Lafayette by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week Parcel 2B East Bluebird Dr, Lafayette, LA 70508 Type: Land Price: $4,000,000 ($4.82 / Land SF) Buyer: DB CAMELLIA LAND LLC Elifin's Notes: DB Camellia Land LLC, a Baton Rouge-based entity, purchases 19.049 acres of vacant commercial land out of a larger land parcel at the terminus of East Bluebird...