Research

09 Jun The Pulse NOLA: Lafreniere Assisted Living Center sells in Metairie

Posted at 09:32h 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 2609 Ridgelake Dr, Metairie, LA 70002 Type: Industrial Price: $1,125,000 ($113.64 / SF) Buyer: RIDGELAKE ENTERPRISE LLC Elifin's Notes: An industrial property with warehouse and office space sells on Ridgelake Drive in Metairie. 2532 Poydras St, New Orleans, LA 70119 Type: Industrial Price: $777,000 ($62.38 / SF) Buyer: 2532 POYDRAS PROPERTY LLC Elifin's Notes:...

09 Jun The Pulse LFT: Shopping center on Ambassador Caffery sold for 5.8mm

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 2240 Ambassador Caffery Pkwy, Lafayette, LA 70506 Type: Retail Price: $5,800,000 ($68.67 / SF) Buyer: WAX FAIRVIEW LLC Elifin's Notes: Wax Fairview LLC, a California-based company, acquires a Shoppers Value anchored neighborhood center property at the corner of Ambassador Caffery Parkway and Dulles Drive. 926, 930 Veterans Dr, Carencro, LA 70520 Type:...

09 Jun The Pulse BR: Roux 61 property sold to Baton Rouge Orthopaedic Clinic

Posted at 09:30h 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 8322 Bluebonnet Blvd, Baton Rouge, LA 70810 Type: Retail Price: $3,050,000 ($281.63 / SF) Buyer: BROC Real Estate Development LLC Elifin's Notes:Baton Rouge Orthopaedic Clinic's real estate arm purchases the Roux 61 restaurant property on Bluebonnet Boulevard. 159.573 acres Old Scenic Hwy, Zachary, LA 70791 Type: Land Price: $1,725,942 ($0.25...

02 Jun The Pulse LFT: Metairie Centre sells for 8.18mm

Posted at 09:33h 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 103, 107 Centre Sarcelle Blvd, Youngsville, LA 70592 Type: Retail Price: $8,175,000 ($246.14 / SF) Buyer: METAIRIE YOUNGSVILLE LLC; EAT METAIRIE YOUNGSVILLE LLC Elifin's Notes: The Metairie Centre retail property sells in Youngsville. 148B Banks Ave, Lafayette, LA 70506 Type: Industrial Price: $900,000 ($120.00 / SF) Buyer: DA BANKS AVE LLC Elifin's Notes: A Georgia-based...

02 Jun The Pulse NOLA: Dollar General property sells on Downman Road

Posted at 09:31h 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 6500 Downman Rd, New Orleans, LA 70126 Type: Retail Price: $560,000 ($62.04 / SF) Buyer: 6500 DOWNMAN INVESTMENT LLC Elifin's Notes: A Dollar General occupied retail property trades on Downman Road. 2001 Georgia Ave, Kenner, LA 70062 Type: Retail Price: $550,000 ($259.43 / SF) Buyer: ROBBIES BAR LLC Elifin's Notes: Robbie's Bar LLC acquires...

02 Jun The Pulse BR: Two psychiatric facilities sell for 15.7mm

Posted at 09:30h 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 11950-12112 Greenwell Springs Port Hudson Rd, Baton Rouge, LA 70814 Type: Healthcare Price: $8,429,200 ($167.58 / SF) Buyer: Seaside Healthcare RE PHP LLC Elifin's Notes: The Graph Group, a New Jersey-based investment company, purchases a psychiatric facility in Zachary. 4363 Convention St, Baton Rouge, LA 70806 Type: Healthcare Price: $7,311,400...

26 May The Pulse LFT: 1.8-acre parcel near Whole Foods sells for 1 million

Posted at 08:19h 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 206, 208, 300 Bon Crest Ave 205, 209, 213 Burgess Dr 3900 Hwy 90 E, Broussard, LA 70518 Type: Industrial Price: $6,700,000 ($197.57 / SF) Buyer: K SOLV BROUSSARD LLC Elifin's Notes: A Texas-based entity purchases a collection of industrial buildings and land parcels off of Highway 90 in Broussard. 538 Settlers Trace...

26 May The Pulse NOLA: Ted’s Frostop in Uptown sells

Posted at 08:17h 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 3615 Jefferson Hwy, New Orleans, LA 70121 Type: Retail Price: $2,500,000 ($51.55 / SF) Buyer: CANSECO PROPERTIES JEFFERSON LLC Elifin's Notes: Canseco Properties Jefferson, LLC acquires the Azalea Gardens Shopping Center on Jefferson Highway. 4200 Williams Blvd, Kenner, LA 70065 Type: Retail Price: $1,420,000 ($215.97 / SF) Buyer: R&D GULF INVESTMENTS LLC Elifin's Notes:...

26 May The Pulse BR: 299-unit apartment complex sold for undisclosed price

Posted at 08:17h 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 3110 College Dr, Baton Rouge, LA 70808 Type: Retail Price: $2,723,738 ($502.91 / SF) Buyer: MCP Stable 3110 College Drive Baton Rouge LLC Elifin's Notes: A Texas-based investor acquires the Capital One Bank property situated as an outparcel to the Walmart on College Drive. 3006 College...

19 May The Pulse LFT: Wright Group buys industrial property for 5.5mm

Posted at 10:23h 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 520 Beau Pre Rd, Lafayette, LA 70508 Type: Industrial Price: $5,500,000 ($150.09 / SF) Buyer: TWG SERVICING COMPANY INC Elifin's Notes: The Wright Group purchases an industrial-flex property in the Pilette area 101 Oil Patch Rd, Broussard, LA 70518 Type: Industrial Price: $2,800,000 ($233.33 / SF) Buyer: MCSTORAGE MINI LP Elifin's Notes: A newly constructed...