Research

05 Jan The Pulse BR: Grocery store on N Sherwood Forest sells

Posted at 09:05h 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. Market activity in the Capital Region is showing continued momentum within the professional office sector, recently highlighted by the acquisition of two specialized office condo units at 13006 Justice Avenue. Situated in the Justice/Bricksome office park just off South Sherwood Forest Blvd, these units demonstrate the ongoing...

29 Dec The Pulse BR: Louisiana Key Academy purchases their location

Posted at 09:25h 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 11245, 11285, 11377 Airline Hwy, Baton Rouge, LA 70816 Type: Retail Price: $16,800,000 ($179.35 / SF) Buyer: Real Estate Holdco LLC Elifin's Notes: Hudson Automotive Group, a South Carolina-based company, acquires the All Star Chevrolet dealership on Airline Highway. 7809 Jefferson Hwy, Units A-I, Baton Rouge,...

29 Dec The Pulse LFT: OnPath Credit Union purchases land on Camellia

Posted at 09:18h 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 321 S Bernard Rd, Broussard, LA 70518 Type: Industrial Price: $2,800,000 ($116.67 / SF) Buyer: SOUTH BERNARD HOLDINGS LLC Elifin's Notes: A light industrial-manufacturing property sells South Bernard Road. Lot 3-A Camellia Blvd, Lafayette, LA 70508 Type: Land Price: $1,090,394 ($28.13 / Land SF) Buyer: ONPATH FEDERAL CREDIT UNION Elifin's Notes: An 0.8+ acre parcel...

29 Dec The Pulse NOLA: Jefferson Parish School Board purchases 28 acres

Posted at 09:15h 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 345 St Joseph St, New Orleans, LA 70130 Type: Hospitality Price: $29,000,000 ($125,541 / Unit) Buyer: NOLA 345 LLC Elifin's Notes: A California-based company acquires an extended-stay hotel property near the Ernest N. Morial Convention Center. 10151 Curran Blvd, New Orleans, LA 70127 Type: Multifamily Price: $9,750,000 ($45,139 / Unit) Buyer: 10151 CURRAN...

22 Dec The Pulse LFT: North Carolina-based entity purchases land on Ambassador

Posted at 08:42h 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 8800 Blk W Congress St, Duson, LA 70529 Type: Land Price: $660,000 ($0.13 / Land SF) Buyer: GARBER BLUM HOLDINGS LLC Elifin's Notes: Garber Blum Holdings LLC purchases a 120 acre parcel of land in Duson. Tract B-2-A-6 Sita St, Broussard, LA 70518 Type: Land Price: $550,000 ($12.60 / Land SF) Buyer: RAJANE...

22 Dec The Pulse NOLA: Old Metairie Commons sold

Posted at 08:38h 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 2328 Metairie Rd, Metairie, LA 70001 Type: Retail Price: $3,850,000 ($236.54 / SF) Buyer: OLD METAIRIE COMMONS LLC Elifin's Notes: A commercial property featuring retail and office suites sells in Metairie. 5920 Mounes St, Elmwood, LA 70123 Type: Industrial Price: $2,490,000 ($81.64 / SF) Buyer: VMAN HOLDINGS LLC Elifin's Notes: An industrial property with...

22 Dec The Pulse BR: Flatiron Apartments sell for 37 million

Posted at 08:35h 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 300 W Parker Blvd, Baton Rouge, LA 70808 Type: Multifamily Price: $37,000,000 ($268,116 / Unit) Buyer: Flatiron Property Owner LLC Elifin's Notes: The Flatiron Apartment Complex, a 138-unit multifamily property, sells on Parker Boulevard. 5912 Main St, Zachary, LA 70791 Type: Retail Price: $2,475,000 ($732.25 / SF)...

15 Dec The Pulse LFT: LCTCS purchases office building for 3.5 million

Posted at 09:03h 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 324, 330 Dulles Dr, Lafayette, LA 70506 Type: Office Price: $3,592,200 ($132.17 / SF) Buyer: LOUISIANA COMMUNITY & TECHNICAL COLLEGE SYSTEM Elifin's Notes: Louisiana Community & Technical College purchases an office property along with a parcel of land on Dulles Drive. 402 Machine Loop, Scott, LA 70583 Type: Industrial Price: $570,000 ($67.38 /...

15 Dec The Pulse NOLA: Hotel sold for 25 million

Posted at 09:00h 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 2150 Veterans Blvd, New Orleans, LA 70062 Type: Hospitality Price: $25,000,000 ($102,041 / Unit) Buyer: ADVIK LLC Elifin's Notes: Advik LLC, a Mississippi-based company, acquires the DoubleTree Hotel by Hilton, a 245-room property, for 25 million. 127 Camp St, New Orleans, LA 70130 Type: Office Price: $926,250 ($144.19 / SF) Buyer: BILLY GOALS...

15 Dec The Pulse BR: Oil refinery property sold for 15.7 million

Posted at 08:57h 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 1500 N Airway Dr, Baton Rouge, LA 70815 Type: Specialty Price: $18,793,423 ($275.30 / SF) Buyer: BR Bridge School Properties Elifin's Notes: BR Bridge School Properties acquires a school property on North Airway Drive. 9288 Hwy 75, Geismar, LA 70734 Type: Industrial Price: $15,728,997 ($942.25 / SF)...