The Pulse

The Pulse LFT: City of Lafayette purchases 1.1-acre parcel

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 100 Settlers Trace Blvd Type: Land Price: $1,650,000 ($16.76 / Land SF) Buyer: OAKS DEVELOPMENT LLC THE Elifin's Notes: A local group of investors purchase a 2.2+ acre parcel of vacant commercial land along Settlers Trace Boulevard near Steiner Road 5101 Decon Rd Type: Retail Price: $900,000 ($428.57 / SF) Buyer: BRUHATI 11 LLC Elifin's...

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The Pulse NOLA: Office property on Camp Street sells for 5.5 million

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 700 Camp St Type: Office Price: $5,500,000 ($141.83 / SF) Buyer: R&M PROPERTIES 700 CAMP STREET LLC Elifin's Notes: A two building office property with accompanying parking and storage space sells in the CBD area 2915-2929 Dryades St Type: Multifamily Price: $1,500,000 ($187,500 / Unit) Buyer: ECE VENTURES LLC Elifin's Notes: An 8-unit multifamily...

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The Pulse CBUS: Walgreens property sold for over 5 million

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 4890 N High St Type: Retail Price: $5,222,800 ($374.47 / SF) Buyer: COLUMBUS 101 LLC Elifin's Notes: A Walgreens drug store property sells in the Beechwold area 1801 LONE EAGLE ST Type: Industrial Price: $2,375,000 ($105.56 / SF) Buyer: SMB PROPERTY COMPANY LLC Elifin's Notes: An industrial warehouse property sells in the Georgesville area 1370 RESEARCH...

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The Pulse BR: JM Test Systems purchases office building

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 7266 Tom Dr Type: Office Price: $500,000 ($135.87 / SF) Buyer: 3MB Properties LLC Elifin's Notes: JM Test Systems purchases office building across the street from their facility on Tom Dr. Commercial Permits Issued Last Week .tg { border-collapse: collapse; border-color: #ccc; border-spacing: 0; border: 1px solid rgba(0, 0, 0, 0.12); background-color: #fff; width: 100%; } .tg...

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The Pulse LFT: Lamm Food Service sells NW Evangeline Thwy property

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 3219 NW Evangeline Thruway Type: Industrial Price: $6,375,000 ($130.56 / SF) Buyer: FIP MASTER FUNDING XIX LLC Elifin's Notes: Lamm Food Service's property sells in North Lafayette 515 S College Rd Type: Office Price: $1,895,000 ($64.16 / SF) Buyer: FRANCISCAN PACE INC Elifin's Notes: A Baton Rouge-based doctor purchases the two-story office building at 515...

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The Pulse CBUS: Sequoia Pro Bowl & The VolleyPark sell for 2.2mm

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 1740 Walcutt Rd Type: Industrial Price: $2,600,000 ($230.50 / SF) Buyer: RAP 1740 LLC Elifin's Notes: An industrial property sells in The Railyard area 5501 Sandalwood Blvd Type: Retail Price: $2,200,000 ($68.84 / SF) Buyer: 572 FAHRENHEIT INC Elifin's Notes: The Sequoia Pro Bowl & The VolleyPark property changes hands in the Woodward Park area 547...

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The Pulse NOLA: Three Shell gas stations sell to a Texas-based investor

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 3206 Williams Blvd Type: Retail Price: $1,600,000 ($888.89 / SF) Buyer: KMHSHELL LLC Elifin's Notes: In one of three acquisitions, Luling, Texas based investors purchase the Shell gas station/convenience store along Williams Boulevard in the Highway Park area 900 Clearview Pkwy Type: Retail Price: $1,600,000 ($666.67 / SF) Buyer: KMHSHELL LLC Elifin's Notes: In...

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The Pulse BR: Crescent Crown purchases 16+ acres on Oak Villa Blvd

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week Tract Z-2-A-1 Oak Villa Blvd Type: Land Price: $3,038,510 ($4.15 / Land SF) Buyer: Crescent Crown Distributing LLC Elifin's Notes: Crescent Crown Distributors purchases vacant lot behind the Walmart on Oak Villa Blvd. Tract 24-A Celtic Dr Type: Land Price: $900,000 ($15.59 / Land SF) Buyer: Celtic Management Corporation Elifin's Notes: Celtic Management purchase...

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The Pulse LFT: The Highlands at Grand Pointe purchased by Texas entity

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 3601 Kaliste Saloom Road Type: Multifamily Price: $16,650,000 ($143,534 / Unit) Buyer: HIGHLANDS LAFAYETTE LLC THE Elifin's Notes: The Highlands at Grand Pointe, a 116-unit apartment complex along Kaliste Saloom, will see a new name and a new owner with its sale to a Texas-based firm 122 Youngsville Hwy Type: Industrial Price: $720,000...

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The Pulse NOLA: The Prytania Park Hotel sells to local investor

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 1525 Prytania St Type: Hospitality Price: $2,115,000 ($35,847 / Unit) Buyer: DREAMING TREE INVESTMENTS LLC Elifin's Notes: In one of five transactions, a local investment entity purchases The Prytania Park Hotel, 59-units, in the Lower Garden District 3197 Richland Ave Type: Office Price: $2,050,000 ($179.87 / SF) Buyer: Sanctuary Holdings, LLC Elifin's Notes: Keller...

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