The Pulse

The Pulse BR: City of Baton Rouge purchases property on Greenwell St

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 324 Lee Dr, Baton Rouge, LA 70808 Type: Retail Price: $1,700,000 ($242.86 / SF) Buyer: Shree Raina 324 Lee LLC Elifin's Notes: Local investors purchase retail center on Lee Dr. 320 Lee Dr, Baton Rouge, LA 70808 Type: Retail Price: $1,550,000 ($221.43 / SF) Buyer: Shree Geeta 320 LLC Elifin's Notes: Local...

Read More

The Pulse LFT: Land sold for Arbours at Lafayette apartments expansion

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 7616, 7620 Johnston St, Maurice, LA 70503 Type: Industrial Price: $3,600,000 ($107.46 / SF) Buyer: RIGID REAL ESTATE HOLDINGS LLC Elifin's Notes: Ridge Real Estate Holdings acquires an industrial property with multiple buildings on 8+ acres near Maurice. 3420 NE Evangeline Thwy, Lafayette, LA 70507 Type: Land Price: $2,000,000 ($2.87 / Land SF) Buyer:...

Read More

The Pulse BR: Chick-fil-A purchases new restaurant location

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week Tract Y-8-A-1-A Woodbine Ct, Prairieville, LA 70769 Type: Land Price: $10,960,850 ($1.35 / Land SF) Buyer: Magnolia Ridge Logistics Investment LLC Elifin's Notes: A 186+ acre tract of land sells in Prairieville. 511 N Airline Hwy, Gonzales, LA 70737 Type: Retail Price: $2,500,000 ($446.43 / SF) Buyer: Chick-fil-A Inc Elifin's Notes: Chick-fil-A...

Read More

The Pulse NOLA: Crowder Retail Center sells for over 3 million

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 5790 Crowder Blvd, New Orleans, LA 70127 Type: Retail Price: $3,200,000 ($100.77 / SF) Buyer: 5790 CROWDER LLC Elifin's Notes: A Houston-based entity purchases the Crowder Retail Center in the West Lake Forest area. 2842, 2844 Magazine St, New Orleans, LA 70130 Type: Mixed-Use Price: $1,700,000 ($358.50 / SF) Buyer: Logan, Thomas B;...

Read More

The Pulse BR: Mixed-use property sells along College Drive

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 3154-3156 College Dr, Baton Rouge, LA 70808 Type: Mixed-Use Price: Withheld Buyer: Fulton BatonRougeLA LLC Elifin's Notes: New York-based buyers purchase this multi-tenant mixed-use property on College Dr.   Sale records included based on the following parameters: Building and commercial land sales with a sales price that is either...

Read More

The Pulse NOLA: Bourbon Street building sells for undisclosed price

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 429-433 Bourbon St, New Orleans, LA 70130 Type: Retail Price: Withheld Buyer: CREDC BOURBON STREET LLC Elifin's Notes: A commercial property changes hands in the French Quarter along Bourbon Street. 115 Allen Toussaint Blvd, New Orleans, LA 70124 Type: Retail Price: Withheld Buyer: RCR 115-125 AT VENTURE LLC Elifin's Notes: A multi-tenant retail property...

Read More

The Pulse LFT: UL Board of Supervisors purchases former restaurant property

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1933 Youngsville Hwy, Youngsville, LA 70592 Type: Industrial Price: $1,875,000 ($70.45 / SF) Buyer: HIGH END AUTOMOTIVE LLC Elifin's Notes: High-End Automotive purchases their location along the Youngsville Highway. 1540 Johnston St, Lafayette, LA 70503 Type: Retail Price: $510,000 ($195.63 / SF) Buyer: LA-STATE BOARD OF SUPERVISORS FOR THE UNIVERSITY OF LOUISIANA SYSTEM Elifin's Notes:...

Read More

The Pulse LFT: Youngsville industrial property sells for 3.98mm

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 512 Viaulet Rd, Youngsville, LA 70592 Type: Industrial Price: $3,977,125 ($235.79 / SF) Buyer: TRW HOLDINGS LLC Elifin's Notes: An industrial building with both office and warehouse space sells in Youngsville. 102, 104 Patriot Ave, Lafayette, LA 70508 Type: Land Price: $1,943,000 ($10.33 / Land SF) Buyer: LAFAYETTE REHAB PROPERTY LLC Elifin's Notes: A group...

Read More

The Pulse NOLA: Bank of Louisiana building sells in the CBD

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 2012 River Rd, Westwego, LA 70094 Type: Industrial Price: $3,950,000 ($493.75 / SF) Buyer: TT 104 LLC Elifin's Notes: James Marine, Inc., a barge services company operating in Louisiana and Kentucky, purchases an industrial barge servicing facility at Nine Mile Point. 3700 W Esplanade Ave, Metairie, LA 70002 Type: Multifamily Price: $2,600,000...

Read More

The Pulse BR: Stanton’s Appliance purchases N Sherwood facility

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 13779 Airline Hwy, Baton Rouge, LA 70817 Type: Industrial Price: $1,600,000 ($101.59 / SF) Buyer: ChillCo Inc Elifin's Notes: ChillCo purchases Airline Hwy industrial properties. 2450 N Sherwood Forest Dr, Baton Rouge, LA 70815 Type: Industrial Price: $600,000 ($30.00 / SF) Buyer: Stanton's Appliance Sales & Service Inc Elifin's Notes: Stanton's Appliance...

Read More