Research

19 Sep The Pulse BR: Former George’s Building Under Perkins Overpass Sold

Posted at 08:09h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 11528 Old Hammond Highway Type: Multifamily Price: $11,300,000 ($60,753 / Unit) Buyer: TV Eden Point LLC Elifin's Notes: Eden Point Apartments, a 186 unit complex on Old Hammond Hwy, sells to California-based investors. 7414 Sumrall Dr Type: Healthcare Price: $2,227,500 ($58 / SF) Buyer: GBT Properties LLC Elifin's Notes: Former assisted living facility on...

19 Sep The Pulse NOLA: Historic Avenue Pub property sold

Posted at 08:09h 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 4041 Magazine St Type: Retail Price: $2,200,000 ($1,348 / SF) Buyer: 4041 MAGAZINE OWNER LLC Elifin's Notes: Investors acquire 1,632 sq ft restaurant space sitting on a 0.19 acre lot in the Uptown area 1732 Saint Charles Ave Type: Retail Price: $1,600,000 ($395 / SF) Buyer: IF I ONLY HAD A KEG LLC Elifin's...

12 Sep The Pulse NOLA: Whole Foods on Magazine St Sold for 31mm

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 5600 Magazine St Type: Retail Price: $31,418,000 ($1,037 / SF) Buyer: DK WFNO LLC Elifin's Notes: New York based group acquires the Whole Foods Market, made up of 30,300 sq ft of retail space sitting on 1.65 acres of land, along Magazine Street in the Uptown area near Audubon...

12 Sep The Pulse BR: Arlington Cottage Apartments sell to Chicago Investors

Posted at 07:55h 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 7031 Commerce Cir Type: Office Price: $12,000,000 ($442 / SF) Buyer: Louisiana Paradigm LLC Elifin's Notes: Republic Finance building in Towne Center sells to local investor in a lease-back agreement. 6588 Siegen Lane Type: Retail Price: $4,953,593 ($1,598 / SF) Buyer: Raising Cane's Restaurants LLC Elifin's Notes: Raising Cane's purchases the restaurant's Siegen Lane...

05 Sep The Pulse NOLA: Martin Behrman schoolhouse property sold for 25mm

Posted at 08:43h in Research, The Pulse, The Pulse: New Orleans by ELIFIN® 1 Comment

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 715 Opelousas Ave Type: Specialty Price: $25,497,582 ($212 / SF) Buyer: LOVING SCHOOL FACILITY L L C Elifin's Notes: Non-profit acquires the Martin Behrman schoolhouse property with approximately 120,000 sq ft of space sitting on a 1.9 acre lot in the Algiers Point area 3869-3871 Gentilly Blvd Type: Mixed-Use Price: $1,400,000 ($700,000...

05 Sep The Pulse BR: Baton Rouge General Purchases Land

Posted at 08:37h 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 855 South Flannery Road Type: Multifamily Price: $7,320,000 ($61,000 / Unit) Buyer: Acadian Place 2022 LLC Elifin's Notes: Balitmore-based investor purchases the Acadian Place Apartments, a 120 unit complex on S Flannery Rd near Goodwood Blvd. 8012 Bayou Fountain Ave Type: Portfolio Price: $6,700,000 ($93,056 / Unit) Buyer: Signal SFR LLC Elifin's Notes: Flock...

29 Aug The Pulse NOLA: 7 Sales plus 3 Million Dollar renovation at Baptist Theological Seminary

Posted at 08:51h 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 2022-2024, 2026, 2030-2032 Baronne St Type: Multifamily Price: $2,275,000 ($175,000 / Unit) Buyer: VERSAI INVESTMENT GROUP LLC Elifin's Notes: Local investment group acquires a 13-unit three building apartment compound, consisting of floorplans with 2BR/2BA, 2BR/1.5BA, 2BR/1BA, and 1BR/1BA, with gated entry and parking and pool on Baronne St in...

29 Aug The Pulse BR: Multiple Geaux Clean Car Wash locations sold to Investors

Posted at 08:44h 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 263 Eddie Robinson Sr Dr Type: Retail Price: $1,300,000 ($181 / SF) Buyer: Ross Gold LLC Elifin's Notes: Desselle Funeral Home owners purchase their facility in downtown Baton Rouge. 10811 Burbank Dr Type: Land Price: $731,803 ($14.00 / Land SF) Buyer: Ngo and Fresina Properties LLC Elifin's Notes: Commercially zoned lot sells on Burbank...

22 Aug The Pulse NOLA: Old Holy Cross Campus Sold plus Benson group buys Bourbon St building

Posted at 07:45h 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 6200 Saint Charles Ave Type: Specialty Price: $1,750,000 ($126 / SF) Buyer: 6200 ST CHARLES LLC Elifin's Notes: Local investors acquire a two-story 13,836 sq ft historic church on St. Charles Avenue, a block off of Audubon Park 3133 Ponce De Leon St Type: Retail Price: $870,590 ($445 / SF) Buyer: MOOSE AND...

22 Aug The Pulse BR: Waffle House Purchases Lot on W Lee Drive

Posted at 07:45h 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 6300 Corporate Blvd Type: Office Price: $6,870,488 ($208 / SF) Buyer: Orion Holdings LLC Elifin's Notes: Orion Laboratories purchases CitiPlace Centre II, a 2 story office building off Corporate Blvd. 9820 Old Hammond Hwy Type: Retail Price: $5,463,000 ($331 / SF) Buyer: Kamakshi Baton Rouge Realty LLC Elifin's Notes: New York-based investor purchases the...