The Pulse

The Pulse LFT: Pathway Church purchases their Southcity Pkwy location

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 200 Southcity Pkwy, Lafayette, LA 70503 Type: Specialty Price: $1,827,829 ($146.46 / SF) Buyer: PATHWAY CHURCH INC Elifin's Notes: Pathway Church Inc. purchases the specialty property which they occupy along Southcity Parkway 100 Cheyenne Dr, Scott, LA 70583 Type: Multifamily Price: $1,089,000 ($60,500 / Unit) Buyer: CASTLE ROW LLC Elifin's Notes: An 18-unit, all 2BR/1BA...

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The Pulse NOLA: Gilmore Park Apartments sell for 4.1mm

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 1315 Southlawn Blvd, New Orleans, LA 70114 Type: Multifamily Price: $4,100,000 ($53,947 / Unit) Buyer: PG REALTY PRO LLC Elifin's Notes: Local entrepreneur purchases the Gilmore Park Apartments near Delgado Community College on the West Bank 5212 South Claiborne Ave, New Orleans, LA 70115 Type: Specialty Price: $1,920,000 ($136.32 / SF) Buyer: CHURCH...

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The Pulse BR: Geismar industrial properties sold for 7.2mm

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 6014, 6124 Copperhead Rd, Geismar, LA 70734 Type: Industrial Price: $4,200,000 ($148.94 / SF) Buyer: Casso Enterprises LLC Elifin's Notes: In one of two purchases this past week, Casso Enterprises LLC purchases two non-adjacent properties within the Copperhead Industrial area in Geismar 6087, 6091 Copperhead Rd, Geismar, LA...

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The Pulse LFT: Lafayette Parish purchases 6-acre parcel

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1001 E Saint Mary Blvd 725 Coolidge St, Lafayette, LA 70503 Type: Office Price: $630,000 ($58.70 / SF) Buyer: VALE REAL ESTATE INVESTMENTS LLC Elifin's Notes: A mult-tenant office building sells in the Oil Center at the Corner of Coolidge Street and East Saint Mary Boulevard 623 Albertson Pkwy 404, 408 Kelsea Drive,...

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The Pulse NOLA: Petite Esplanade shopping center in Metairie sold

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 3216, 3304 W Esplanade Ave, Metairie, LA 70002 Type: Retail Price: $2,800,000 ($170.94 / SF) Buyer: 3216 3304 WEST ESPLANADE LLC Elifin's Notes: The Petite Esplanade Shopping Center changes hands in Metairie 2717 Massachusetts Avenue, Metairie, LA 70003 Type: Land Price: $775,000 ($31.77 / Land SF) Buyer: GMB PROPERTIES 8900 VETERANS LLC Elifin's Notes:...

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The Pulse BR: Walgreens on Highland sold to NY Investor

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 5298 Highland Rd, Baton Rouge, LA 70808 Type: Retail Price: $3,550,000 ($287.80 / SF) Buyer: 5298 Highland Rd LLC Elifin's Notes: Walgreens location on the corner of Highland Rd and Lee Dr sells to New York-based investor. 571 Kornmeyer Plaza Drive, Baton Rouge, LA 70806 Type: Industrial Price:...

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The Pulse NOLA: Building housing Daisy Dukes Cafe sells

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 308 Saint Charles Avenue, New Orleans, LA 70130 Type: Mixed-Use Price: $1,925,000 ($234.76 / SF) Buyer: BIG EASY INVESTMENTS LLC OF NEW MEXICO Elifin's Notes: Big Easy Investments LLC of New Mexico purchase a mixed-use property with a street-level restaurant space, currently occupied by Daisy Dukes Cafe, and three...

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The Pulse LFT: Maple Leaf Apartments sold to local investors

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1815 Eraste Landry Rd, Lafayette, LA 70506 Type: Multifamily Price: $805,400 ($67,117 / Unit) Buyer: MAPLE LEAF LIVING LLC Elifin's Notes: A pair of local investors purchase the Maple Leaf Apartments, 12-units, on Eraste Landry Road 113, 114 Twin Meadow Lane, Lafayette, LA 70508 Type: Land Price: $315,000 ($4.95 / Land SF) Buyer: GFYM...

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The Pulse BR: Ascension Parish Government purchases 15+ acres

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week Tract AP-1 Weber City Rd, Gonzales, LA 70737 Type: Land Price: $735,000 ($2.25 / Land SF) Buyer: Ascension Parish Government Elifin's Notes: The Ascension Parish Government purchases 7.5+ acres within an existing 14+ acre tract of land fronting on Weber City Road in Gonzales 3765 North Acadian Thruway,...

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The Pulse LFT: Class A office property sells for 8.2mm

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 425 Settlers Trace Boulevard, Lafayette, LA 70508 Type: Office Price: $8,200,000 ($266.49 / SF) Buyer: 425 SETTLERS LLC Elifin's Notes: A two-story Class A medical office building sells on Settlers Trace Boulevard 1304 Bertrand Drive, Lafayette, LA 70506 Type: Office Price: $3,150,000 ($62.18 / SF) Buyer: BE TRO LLC Elifin's Notes: A six building office...

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