The Pulse

02 Sep The Pulse NOLA: Former OnPath Federal Credit Union properties sell

Posted at 09:26h 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 5508 Citrus Blvd, New Orleans, LA 70123 Type: Office Price: $5,870,000 ($233.44 / SF) Buyer: FNLR OFCU LLC Elifin's Notes: Fortress Investment Group purchases this former OnPath Federal Credit Union location. 1554 Westbank Expy, Westwego, LA 70094 Type: Office Price: $3,020,000 ($431.43 / SF) Buyer: FNLR OFCU LLC Elifin's Notes: Fortress Investment Group purchases...

02 Sep The Pulse BR: City of Baton Rouge purchases church campus for 1mm

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 11203 Proverbs Ave, Baton Rouge, LA 70816 Type: Industrial Price: $1,200,000 ($15.08 / SF) Buyer: Waring Oil Company LLC Elifin's Notes: Waring Oil Company purchases property from Lavigne Oil near Coursey Blvd. 10957 Greenwell Springs Rd, Baton Rouge, LA 70814 Type: Specialty Price: $1,000,000 ($129.87 / SF) Buyer: The City of...

26 Aug The Pulse LFT: Local developer purchases 17 acres along Ridge Road

Posted at 09:22h 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 500 BLK Ridge Rd, Lafayette, LA 70506 Type: Land Price: $1,000,350 ($1.31 / Land SF) Buyer: BELLE VIEW SUBDIVISION PHASE 4 LLC Elifin's Notes: Local developer purchases 17+ acres of vacant land along Ridge Road. 1702 E Simcoe St, Lafayette, LA 70501 Type: Retail Price: $440,000 ($200.00 / SF) Buyer: CAJUN GETAWAY VILLAGE LLC...

26 Aug The Pulse NOLA: Hollywood Park Apartments sell for 4.25mm

Posted at 09:17h 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 4000 Westbank Expy, Marrero, LA 70072 Type: Multifamily Price: $4,250,000 ($60,714 / Unit) Buyer: 4000 HOLLYWOOD APARTMENTS LLC Elifin's Notes: Hamdan Sons Investments, via a separate entity, purchases the Hollywood Park Apartments, 70-units, in Marrero. 3826 Magazine St, New Orleans, LA 70115 Type: Retail Price: $1,150,000 ($420.17 / SF) Buyer: DECADE LLC Elifin's Notes:...

26 Aug The Pulse BR: Assured Flooring purchases new HQ

Posted at 09:16h 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 11962 Lakeland Park Blvd, Baton Rouge, LA 70809 Type: Industrial Price: $1,635,000 ($87.03 / SF) Buyer: Diniz Design, Inc Elifin's Notes: Diniz Design purchases the company's facility on Lakeland Park Blvd. 10530 Airline Hwy, Baton Rouge, LA 70816 Type: Industrial Price: $1,200,000 ($47.07 / SF) Buyer: JPR MEMBERS, LLC Elifin's Notes: Assured...

19 Aug The Pulse NOLA: Two former Jefferson Parish school sites sell

Posted at 09:26h 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 10542 Jefferson Hwy, New Orleans, LA 70123 Type: Multifamily Price: $1,640,000 ($82,000 / Unit) Buyer: River Ridge Maisonettes, LLC Elifin's Notes: A 20-unit multifamily property sells in River Ridge. 172 Harbor Circle, New Orleans, LA 70126 Type: Industrial Price: $675,000 ($42.19 / SF) Buyer: FAYT INC Elifin's Notes: An industrial property changes hands near...

19 Aug The Pulse LFT: Local non-profit SMILE purchases office building

Posted at 09:25h 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 220 Hector Connoly Rd, Carencro, LA 70520 Type: Industrial Price: $2,926,000 ($47.41 / SF) Buyer: FNLR COMPOUNDS MATTER LLC Elifin's Notes: A national real estate investment trust purchases an industrial property in Carencro. 104 Oil Patch Rd, Broussard, LA 70518 Type: Industrial Price: $1,375,000 ($114.58 / SF) Buyer: T&D PROPERTY CONSULTING LLC Elifin's Notes: A...

19 Aug The Pulse BR: Downtown restaurant building sold to owners

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 38278 Highway 74, Gonzales, LA 70737 Type: Mixed-Use Price: $1,000,000 ($76.92 / SF) Buyer: Bully's Investments LLC Elifin's Notes: This commercial property includes: a restaurant, two warehouses, two single family residences, and a mobile home. 5157 Bluebonnet Blvd, Baton Rouge, LA 70809 Type: Office Price: $970,000 ($205.51 / SF) Buyer: 9141...

12 Aug The Pulse LFT: Law firm purchases office along Camellia for 2mm

Posted at 09:16h 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 1031 Camellia Blvd, Lafayette, LA 70508 Type: Office Price: $2,000,000 ($361.47 / SF) Buyer: W&H UNLIMITED LLC Elifin's Notes: Local injury law firm purchases an office property along Camellia Boulevard in the River Ranch area. 2303 Johnston St, Lafayette, LA 70503 Type: Retail Price: $564,420 ($265.11 / SF) Buyer: MURPHREE, GLENN CHARLES Elifin's Notes: The...

12 Aug The Pulse NOLA: International School of Louisiana purchases campus in St Roch

Posted at 09:12h 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 2518 Arts St, New Orleans, LA 70117 Type: Specialty Price: $5,750,000 ($121.44 / SF) Buyer: INTERNATIONAL SCHOOL OF LOUISIANA Elifin's Notes: Arising out of the bankruptcy proceedings for the Encore Learning Academy, the International School of Louisiana has purchased this school property in St. Roch. Tracts 6-A-4-C, 6-A-4-D, 6-A-4-E Promenade...