Research

25 Sep The Pulse BR: Crescent Crown purchases 16+ acres on Oak Villa Blvd

Posted at 09:14h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week Tract Z-2-A-1 Oak Villa Blvd Type: Land Price: $3,038,510 ($4.15 / Land SF) Buyer: Crescent Crown Distributing LLC Elifin's Notes: Crescent Crown Distributors purchases vacant lot behind the Walmart on Oak Villa Blvd. Tract 24-A Celtic Dr Type: Land Price: $900,000 ($15.59 / Land SF) Buyer: Celtic Management Corporation Elifin's Notes: Celtic Management purchase...

18 Sep Top Permits issued in the New Orleans area, September 18, 2023

Posted at 13:24h in Commercial, News, Research by Elizabeth Novit 0 Comments

// Article originally appeared in New Orleans City Business on September 18, 2023 Last week, additional permits were granted to further the development of Poydras Home, the senior living facility at the corner of Magazine Street and Jefferson Avenue. The latest phase of work to the site pertains to its amenities, slated to include a library, fitness center, yoga studio, salon,...

18 Sep The Pulse LFT: The Highlands at Grand Pointe purchased by Texas entity

Posted at 09:24h 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 3601 Kaliste Saloom Road Type: Multifamily Price: $16,650,000 ($143,534 / Unit) Buyer: HIGHLANDS LAFAYETTE LLC THE Elifin's Notes: The Highlands at Grand Pointe, a 116-unit apartment complex along Kaliste Saloom, will see a new name and a new owner with its sale to a Texas-based firm 122 Youngsville Hwy Type: Industrial Price: $720,000...

18 Sep The Pulse NOLA: The Prytania Park Hotel sells to local investor

Posted at 08:54h 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 1525 Prytania St Type: Hospitality Price: $2,115,000 ($35,847 / Unit) Buyer: DREAMING TREE INVESTMENTS LLC Elifin's Notes: In one of five transactions, a local investment entity purchases The Prytania Park Hotel, 59-units, in the Lower Garden District 3197 Richland Ave Type: Office Price: $2,050,000 ($179.87 / SF) Buyer: Sanctuary Holdings, LLC Elifin's Notes: Keller...

18 Sep The Pulse BR: Latin restaurant entity purchases property on Florida Blvd

Posted at 08:50h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 9445 Greenwell Springs Rd Type: Retail Price: $650,000 ($277.19 / SF) Buyer: GFC Leasing Corp LLC Elifin's Notes: Texas-based buyers purchase former KFC location on Greenwell Springs Rd near the Monterrey Dr intersection. 6989 Florida Blvd Type: Retail Price: $650,000 ($73.55 / SF) Buyer: Los Latinos Amigos Restaurant LLC Elifin's Notes: Latin restaurant entity...

18 Sep The Pulse CBUS: Office building sells for 7.9mm in New Albany

Posted at 08:50h in Research, The Pulse, The Pulse: Columbus by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 7400 W Campus Rd Type: Office Price: $7,900,000 ($37.30 / SF) Buyer: NEW ALBANY BUSINESS PARK LLC Elifin's Notes: A three-story, 200,000+ sq ft, office building sells in the New Albany area 895 S State St Type: Retail Price: $1,390,000 ($270.01 / SF) Buyer: JADWALK PROPERTY GROUP LLC Elifin's Notes: Retail property sells in the...

11 Sep The Pulse LFT: American Legion Post 69 property sold

Posted at 08:08h 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 4906 Ambassador Caffery Pkwy, Bldg I Type: Office Price: $1,621,200 Buyer: CORDOBA LEASING LLC Elifin's Notes: A condominium building within the Cordoba Medical Office Park sells to Cordoba Leasing LLC 2818 Bonin Rd Type: Office Price: $1,094,550 ($280.65 / SF) Buyer: SWAMP EAGLE REAL ESTATE LLC Elifin's Notes: An office sells between Bonin Road and...

11 Sep The Pulse CBUS: Industrial property near Quarry Trails sells

Posted at 08:07h in Research, The Pulse, The Pulse: Columbus by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 2181 Dublin Rd Type: Industrial Price: $3,000,000 ($198.41 / SF) Buyer: HJM COL PROPERTIES LLC Elifin's Notes: An industrial property near Quarry Trails, home to a roofing supply company, sells. 188 E Whittier St Type: Retail Price: $777,000 ($348.12 / SF) Buyer: ELEMARY HANY; ELEMARY HANY Elifin's Notes: A retail property sells in the German...

11 Sep The Pulse NOLA: LeBrane’s Creole purchases their building in Westwego

Posted at 08:07h 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 116 Marguerite Rd Type: Multifamily Price: $1,025,000 ($128,125 / Unit) Buyer: JNO ENTERPRISES LLC Elifin's Notes: A multi-family property sells in the Marguerite Place area near the Saints practice facility off of Airline Drive 2282 Saint Claude Ave Type: Land Price: $775,000 ($63.19 / Land SF) Buyer: 2270 MARIGNY LLC Elifin's Notes: A corner...

11 Sep The Pulse BR: Southern Roots Outfitters purchases land in Zachary

Posted at 08:06h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week Montegudo Dr at Bob Odom Dr Type: Land Price: $550,000 ($2.51 / Land SF) Buyer: Southern Roots Outfitters LLC Elifin's Notes: Zachary-based Southern Roots Outfitters purchases vacant lots in Zachary. 9830 Florida Blvd Type: Retail Price: $500,000 ($69.29 / SF) Buyer: Big Horn River LLC Elifin's Notes: Local investor purchases...