Research

08 Mar The Pulse LFT: Scott Oaks Plaza sold for 4.35mm

Posted at 21:28h 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 5501 Cameron St, Scott, LA 70583 Type: Retail Price: $4,350,000 ($61.79 / SF) Buyer: PGP SCOTT OAKS LLC Elifin's Notes: A Tennessee-based company acquires Scott Oaks Plaza, a grocery-anchored shopping center. 4319 Verot School Rd, Youngsville, LA 70592 Type: Retail Price: $3,425,000 (- / SF) Buyer: 4319 VEROT LLC Elifin's Notes: A newly constructed convenience...

08 Mar The Pulse NOLA: St Vincent de Paul property sells

Posted at 21:23h 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 3500 Canal St, New Orleans, LA 70119 Type: Office Price: $2,900,000 ($140.10 / SF) Buyer: MARILLAC COMMUNITY HEALTH CENTERS Elifin's Notes: This two-story office property, occupied by St Vincent de Paul, has individual offices, 10 large rooms for conference/instruction, and 54 covered parking spaces. 2221-2237 N Johnson St, New Orleans,...

08 Mar The Pulse BR: Red Stick Brothers purchase subdivision

Posted at 21:20h 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 9215 Cedar Ct, Baton Rouge, LA 70812 Type: Multifamily Price: $3,250,000 ($53,279 / Unit) Buyer: Oakwood by RSB LLC Elifin's Notes: Red Stick Brothers, a rental home owner and management company, purchases the Oakwood Terrace Subdivision, which contains 60-homes and an office/clubhouse. 16791 Plank Rd, Baton Rouge, LA...

02 Mar The Pulse Northshore: Newly constructed industrial property sells for 3.5mm

Posted at 08:33h in Research, The Pulse, The Pulse: Northshore by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of The Northshore. Commercial Sales Recorded Last Week 520 Johnny F Smith Blvd, Slidell, LA 70460 Type: Industrial Price: $3,500,000 ($108.17 / SF) Buyer: 4228 MAIN STREET PROPERTIES LLC Elifin's Notes: A local construction company associated entity purchases a newly constructed industrial property with showroom, office and warehouse space. Lots 11, 12, 14, 16 Hwy 1088, Mandeville, LA...

02 Mar The Pulse LFT: Youngsville Midtown Square sold

Posted at 08:28h 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 327 Iberia St, Youngsville, LA 70592 Type: Retail Price: $1,926,297 ($103.63 / SF) Buyer: IBERIA STREET HOLDINGS LLC Elifin's Notes: The Youngsville Midtown Square commercial center with multiple tenants changes ownership on Iberia Street. 108, 109 Guernsey Lane, Youngsville, LA 70592 Type: Industrial Price: $1,550,000 ($87.02 / SF) Buyer: STELKIN BASEBALL LLC Elifin's Notes: A...

02 Mar The Pulse NOLA: Gordon McKernan-led entity purchases Jefferson Financial building

Posted at 08:20h 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 115 Focis St, Metairie, LA 70005 Type: Retail Price: $1,500,000 ($307.57 / SF) Buyer: 115-117 FOCIS STREET LLC Elifin's Notes: A multi-tenant retail property sells near Metairie Road. 301A Funston St, New Orleans, LA 70123 Type: Industrial Price: $805,252 ($104.04 / SF) Buyer: BB FIBERS LLC Elifin's Notes: A local company purchases an industrial...

02 Mar The Pulse BR: Perkins Plaza retail center sold

Posted at 08:15h 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 13213, 13259 Perkins Rd, Baton Rouge, LA 70810 Type: Retail Price: $1,350,000 ($129.81 / SF) Buyer: Carlye LLC Elifin's Notes: A pair of local business owners acquire the Perkins Plaza retail strip center. 5917 Jones Creek Rd, Baton Rouge, LA 70817 Type: Office Price: $662,500 ($64.75 /...

23 Feb The Pulse Northshore: Plastic manufacturing facility sold for 6.5mm

Posted at 09:19h in Research, The Pulse, The Pulse: Northshore by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of The Northshore. Commercial Sales Recorded Last Week 60051 Camp Villere Rd, Slidell, LA 70460 Type: Industrial Price: $6,500,000 ($87.84 / SF) Buyer: CHP CONDUIT MANUFACTURING LLC Elifin's Notes: A New Orleans-based private equity firm purchases an industrial facility occupied by a plastic manufacturing company. 705 N Causeway Blvd, Mandeville, LA 70448 Type: Retail Price: $1,500,000 ($182.93 / SF) Buyer: JR...

23 Feb The Pulse LFT: Chateau Lafayette Apartments sold

Posted at 09:04h 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 100 Blk N Eola Rd, Broussard, LA 70518 Type: Land Price: $3,049,490 ($0.93 / Land SF) Buyer: EOLA PLACE DEVELOPMENT LLC Elifin's Notes: A 75+ acre parcel of land sells on North Eola Road in Broussard, east of U.S. 90. 124 Jomela Dr, Lafayette, LA 70503 Type: Multifamily Price: $2,000,000 ($33,333 / Unit) Buyer:...

23 Feb The Pulse NOLA: Former Light City Church property sold

Posted at 08:59h 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 6117 St Claude Ave, New Orleans, LA 70117 Type: Specialty Price: $750,000 ($17.31 / SF) Buyer: FORGIVEN THE EVANGELISTIC MINISTRY OF MELONIE PICHON Elifin's Notes: The former Light City Church religious facility sells on Saint Claude Avenue. 26146 Chef Menteur Hwy, New Orleans, LA 70129 Type: Retail Price: $250,000 ($211.86 / SF) Buyer:...