The Pulse

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

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...

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The Pulse NOLA: Old Metairie Commons sold

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...

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The Pulse BR: Flatiron Apartments sell for 37 million

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)...

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The Pulse LFT: LCTCS purchases office building for 3.5 million

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 /...

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The Pulse NOLA: Hotel sold for 25 million

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...

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The Pulse BR: Oil refinery property sold for 15.7 million

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)...

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The Pulse LFT: Catholic Charities of Acadiana purchases property

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 4710 Cameron St, Lafayette, LA 70506 Type: Office Price: $290,000 ($40.28 / SF) Buyer: GD PROPERTY HOLDINGS LLC Elifin's Notes: GD Property Holdings LLC acquires an office property with warehouse space on Cameron Street. 1414 S College Rd, Lafayette, LA 70503 Type: Retail Price: $235,000 ($123.68 / SF) Buyer: CATHOLIC CHARITIES OF ACADIANA INC Elifin's...

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The Pulse NOLA: Industrial property on Chartres sells for 6mm

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 2121 Chartres St, New Orleans, LA 70116 Type: Industrial Price: $6,000,000 ($167.33 / SF) Buyer: ENDEAVOR 21 LLC Elifin's Notes: A property with interconnected warehouses sells at the corner of Chartres Street and Elysian Fields Avenue. 3012 26th St, Metairie, LA 70002 Type: Office Price: $1,300,000 ($142.86 / SF) Buyer: 26TH STREET LLC Elifin's...

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The Pulse BR: The RV Shop former location sold

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 14340 S Choctaw Dr, Baton Rouge, LA 70815 Type: Retail Price: $3,200,000 ($114.29 / SF) Buyer: Choctaw 143 LLC Elifin's Notes: An RV sales property changes ownership on South Choctaw Drive. 11444 Reulet Ave, Baton Rouge, LA 70816 Type: Hospitality Price: $2,400,000 ($40,678 / Unit) Buyer: Ashoka Corporation, TIN Elifin's Notes: Ashoka...

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The Pulse LFT: Newly-constructed middle school sold for 36.8 million

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 300 Acadian Hills Lane, Lafayette, LA 70507 Type: Specialty Price: $36,860,000 ($530.02 / SF) Buyer: FRIENDS OF LAFAYETTE CHARTER FOUNDATION INC Elifin's Notes: Friends of Lafayette Charter Foundation Inc. acquires the newly built two-story middle school adjacent to the Lafayette Renaissance Charter High School on the Northside of Lafayette. This...

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