The Pulse

The Pulse NOLA: Music venue on Frenchman St sells to local investors

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 2636 Athania Pkwy, Metairie, LA 70002 Type: Office Price: $288,000 ($112.19 / SF) Buyer: CONCORD HOLDINGS LLC Elifin's Notes: A dentist office changes hands in the Athania area of Metairie 7007 Read Blvd, New Orleans, LA 70127 Type: Retail Price: $140,000 ($53.56 / SF) Buyer: BB & TT L L C Elifin's Notes: A...

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The Pulse BR: Shell gas station sells on Main St in Zachary

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 7248 Perkins Road, Baton Rouge, LA 70808 Type: Mixed-Use Price: $1,650,000 Buyer: Monkey See Monkey Do LLC Elifin's Notes: Perkins Palms, a mixed-use property featuring multifamily and retail space, sells to local investors and real estate agents, Steve Davis Jr. and Lawrence Maestri. 20191 Plank Rd, Zachary, LA 70791 Type: Retail Price:...

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The Pulse CBUS: Church campus sells for 1.9mm

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 161 N Hamilton Rd Type: Specialty Price: $1,925,000 ($76.75 / SF) Buyer: UNITY TEMPLE CHURCH OF GOD IN CHRIST INC Elifin's Notes: Unity Temple Church of God in Christ Inc. purchases prior CharismaLife Ministries building in the Whitehall area 186 N High St Type: Office Price: $675,000 ($183.42 / SF) Buyer: KCR PROPERTIES LLC Elifin's...

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The Pulse LFT: AMG office tower sells to Acadiana Management Group

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 101 La Rue France Type: Office Price: $2,200,000 ($48.94 / SF) Buyer: AMG TOWER LLC Elifin's Notes: Acadiana Management Group acquires the AMG office tower in which they are the primary tenant located near the corner of West Pinhook Road and La Rue France alongside the Vermilion River 301 E Bluebird...

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The Pulse NOLA: Whitney Parking Garage sells in the CBD

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 2325 N Hullen St Type: Office Price: $1,037,500 ($98.81 / SF) Buyer: POL BUILDING LLC Elifin's Notes: An Arkansas-based entity purchases a multi-tenant commercial property within the Athania Place Annex area of Metairie 1411 Claire Ave Type: Land Price: $775,000 ($10.40 / Land SF) Buyer: AM PLAZA LLC Elifin's Notes: Local entity purchases 1.7+...

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The Pulse BR: Medical office near OLOL sells for 1.3mm

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 501 Louisiana Ave Type: Office Price: $1,375,000 ($137.50 / SF) Buyer: Horizon Land and Development, LLC Elifin's Notes: Mississippi investor purchases 10,000 sqft office building in Downtown 5344 Brittany Dr Type: Office Price: $1,300,000 ($148.54 / SF) Buyer: SJB Group LLC Elifin's Notes: Local engineering firm purchases medical office near Our Lady of the...

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The Pulse LFT: Shopping center on W Willow St sells to Texas-based entity

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 2784 NE Evangeline Thruway Type: Retail Price: $590,000 ($65.77 / SF) Buyer: HUKINS HOLDINGS LLC Elifin's Notes: The Good Shepherd RV retail property sells along I-49 409 Petite Rd Type: Multifamily Price: $400,000 ($9,302 / Unit) Buyer: TRAILS END TRAILER PARK LLC Elifin's Notes: The Trail's End Trailer Park in Maurice changes hands 2221 Verot School...

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The Pulse CBUS: The Aldelphi Quarter sells for 20.8mm

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 818 E Long St Type: Mixed-Use Price: $20,805,000 Buyer: MOLL - PRESERVE II LLC Elifin's Notes: An Utah-based investment firm purchases The Aldelphi Quarter mixed-use property, across two parcels, within the King Lincoln District 75 E State St Type: Hospitality Price: $9,662,625 ($23,741 / Unit) Buyer: OHIO JOSEPH INVESTMENTS LLC Elifin's Notes: The Sheraton Columbus...

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The Pulse NOLA: Former Southeastern Freight Lines distribution property sells

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 1525 Sams Ave Type: Industrial Price: $4,500,000 ($264.71 / SF) Buyer: 1525 SAMS AVE HOLDINGS LLC Elifin's Notes: The owners of Ludwig Buildings purchase the industrial distribution property in Elmwood, formerly occupied by Southeastern Freight Lines as it moves to their new facility in Destrehan 7500 Chef Menteur Hwy Type: Multifamily Price:...

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The Pulse BR: 52 Unit hotel off S Sherwood Forest Blvd sells

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 11255 Boardwalk Dr Type: Hospitality Price: $1,300,000 ($25,000 / Unit) Buyer: Baton Rouge Boardwalk Hospitality Inc Elifin's Notes: The Baymont by Wyndham Baton Rouge, a 52 unit hotel off S Sherwood Forest Blvd, sells. 6565 Morgan Rd Type: Specialty Price: $558,110 ($42.93 / SF) Buyer: Properties by KC LLC Elifin's Notes: Former church campus...

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