Research

The Pulse LFT: D. R. Horton purchases vacant land along Eraste Landry

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 6315 Cameron St, Scott, LA 70583 Type: Industrial Price: $2,500,000 ($77.07 / SF) Buyer: 6315 CAMERON LLC Elifin's Notes: An industrial property comprising five buildings changes ownership on Cameron Street. 1906 Chemin Metairie Rd, Youngsville, LA 70592 Type: Land Price: $768,460 ($15.47 / Land SF) Buyer: HAZA REALTY LP Elifin's Notes: A 1+ acre parcel...

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The Pulse NOLA: The Garage complex sells for 28.8mm

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 840, 848 Carondelet St, New Orleans, LA 70130 Type: Multifamily Price: $28,800,000 ($464,516 / Unit) Buyer: BDS III LA THE GARAGE LLC Elifin's Notes: The Garage, a 62-unit luxury multifamily complex with street-level retail space at 840 Carondelet Street, sells. 1515 Poydras St, New Orleans, LA 70112 Type: Office Price: $26,473,700 ($50.00...

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The Pulse NOLA: Melba’s Restaurant property sells

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 5600 Hayne Blvd, 7649 Townsend Pl, New Orleans, LA 70126 Type: Industrial Price: $2,115,977 ($28.54 / SF) Buyer: RATHBORNE PROPERTIES, LLC Elifin's Notes: A pair of industrial properties located at 5600 Hayne Boulevard and 7649 Townsend Place sell in the Intercoastal industrial area. 2016 Oretha Castle Haley Blvd, New Orleans,...

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The Pulse LFT: Former Posados property sells for 3.35mm

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 3822 Ambassador Caffery Pkwy, Lafayette, LA 70503 Type: Retail Price: $3,350,000 ($279.94 / SF) Buyer: LOUISIANA HP HOLDINGS LLC Elifin's Notes: The former Posados property, remodeled into an event venue and a restaurant space, sells on Ambassador Caffery Parkway. 2905 Kaliste Saloom Rd, Lafayette, LA 70508 Type: Retail Price: $1,500,000 ($125.16 / SF) Buyer:...

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The Pulse BR: Office building sells for 2.1mm

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 7600 Innovation Park Rd, Baton Rouge, LA 70820 Type: Office Price: $2,105,000 ($126.30 / SF) Buyer: Compliance Envirosystems LLC Elifin's Notes: Compliance Envirosystems LLC acquires an office property along with a vacant parcel on Innovation Park Drive. 20214 Tucker Rd, Zachary, LA 70791 Type: Land Price: $1,000,000 ($0.49 / Land...

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The Pulse LFT: Travis Technology Center sells for 2.45mm

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1001 Hwy 182, Broussard, LA 70518 Type: Industrial Price: $3,500,000 ($228.31 / SF) Buyer: 1001 HWY 182 LLC Elifin's Notes: An office/flex property, along with 13.5+ acres of adjacent undeveloped land, sells in Broussard. 110 Travis St, Lafayette, LA 70503 Type: Office Price: $2,450,000 ($74.38 / SF) Buyer: TRAVIS PARTNERS LLC Elifin's Notes: The Travis...

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The Pulse NOLA: Jefferson Business Center sells for 11.4mm

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 520, 524 Elmwood Park Blvd, Elmwood, LA 70123 Type: Office Price: $11,443,300 ($109.86 / SF) Buyer: JEFFERSON BUSINESS CENTER INVESTMENT LLC Elifin's Notes: The Jefferson Business Center changes ownership in Elmwood. 212 E Airline Hwy, Kenner, LA 70062 Type: Land Price: $4,550,000 ($14.93 / Land SF) Buyer: 5950 SB GEORGIA HOLDINGS LLC Elifin's Notes:...

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The Pulse BR: 77-Room hotel sells near BTR

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 2949 Varsity St, Baton Rouge, LA 70807 Type: Hospitality Price: $1,400,000 ($18,182 / Unit) Buyer: Brothers Hospitality LLC Elifin's Notes: A hotel property with 77 rooms changes ownership across from the Baton Rouge Metropolitan Airport. Tract A Hwy 22, Darrow, LA 70725 Type: Land Price: $1,392,000 ($0.36 / Land SF) Buyer:...

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The Pulse LFT: Donut shop property sells on Johnston Street

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 110 Rue Jean Lafitte, Lafayette, LA 70508 Type: Office Price: $1,700,000 ($91.89 / SF) Buyer: JA PROPERTY MANAGEMENT LLC Elifin's Notes: JA Property Management LLC acquires an office property along with a vacant parcel on Rue Jean Lafitte. 206 Cummings Rd, Broussard, LA 70518 Type: Industrial Price: $1,265,000 ($83.92 / SF) Buyer: ROSEMARIE PETTIT...

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The Pulse NOLA: 718-Unit multifamily property sells

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 888 Terry Pkwy, Terrytown, LA 70056 Type: Retail Price: $2,660,000 ($243.01 / SF) Buyer: DALAHN 2 LLC Elifin's Notes: A local investor purchases the CVS Property on the Terry Parkway in Terrytown. 3127, 3129 Short St, New Orleans, LA 70125 Type: Retail Price: $1,700,000 ($256.80 / SF) Buyer: ALLISON & GLENN INC Elifin's Notes:...

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