The Pulse

The Pulse LFT: Beaullieu Square office condo sells

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 200 Beaullieu Dr (Unit 5), Lafayette, LA 70508 Type: Office Price: $740,000 ($228.82 / SF) Buyer: DVS PROPERTY MANAGEMENT LLC Elifin's Notes: An office condominium unit sells in Beaullieu Square 201, 213 West Pine St, Lafayette, LA 70501 Type: Retail Price: $475,000 ($51.63 / SF) Buyer: CBSAVOY PROPERTIES LLC Elifin's Notes: A commercial property sells...

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The Pulse BR: Developer purchases 250+ acres just outside Baker

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 16470 Old Scenic Hwy, Baker, LA 70714 Type: Land Price: $2,310,000 ($0.20 / Land SF) Buyer: Keystone Square LLC Elifin's Notes: Local developer purchases over 250 acres of land zoned commercial and rural just outside of Baker. 4884 Bluebonnet Blvd, Baton Rouge, LA 70809 Type: Office Price: $1,103,540 ($230.24 /...

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The Pulse LFT: 8.5+ acres sell along Johnston St

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 6921 Johnston St, Lafayette, LA 70503 Type: Land Price: $950,000 ($2.54 / Land SF) Buyer: HTT ALLIANCE LLC Elifin's Notes: An 8.5+ acre parcel of vacant commercial land sells along Johnston Street near East Broussard Road 856, 858 Ridge Rd, Duson, LA 70529 Type: Industrial Price: $680,000 ($53.13 / SF) Buyer: BELLARD, LEO IVAN...

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The Pulse NOLA: Metairie office building sells for 2.15mm

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 3045 Ridgelake Dr, Metairie, LA 70002 Type: Office Price: $2,150,000 ($170.82 / SF) Buyer: 3045 RIDGELAKE LLC Elifin's Notes: A three-story office building sells at the intersection of 20th Street and Ridgelake Drive. 5050-5058 Lapalco Blvd, Marrero, LA 70072 Type: Retail Price: $899,000 ($64.21 / SF) Buyer: COVERED PROPERTIES LLC Elifin's Notes: A neighborhood...

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The Pulse BR: Chipotle property on Siegen sold to Las Vegas investors

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week Tract 4-C-2-A Siegen Ln, Baton Rouge, LA 70809 Type: Land Price: $1,675,000 ($45.24 / SF) Buyer: CFT NV Developments LLC Elifin's Notes: Land adjacent to Chipotle on Siegen Lane sells to Las Vegas-based investors. 710 N Lobdell Blvd, Baton Rouge, LA 70806 Type: Hospitality Price: $1,200,000 ($24,490 / Unit) Buyer: ASVR...

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The Pulse NOLA: Former Park Place nursing home sells in Gretna

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 535 Commerce St, Gretna, LA 70056 Type: Healthcare Price: $1,875,000 ($41.25 / SF) Buyer: AMS REAL ESTATE LLC Elifin's Notes: The former Park Place nursing home in Gretna sells 3106 Houma Blvd, Metairie, LA 70006 Type: Office Price: $905,000 ($211.10 / SF) Buyer: ROBE PROPERTY HOLDINGS LLC Elifin's Notes: A medical office trades along...

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The Pulse LFT: Please consider voting for ELIFIN

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 102 Camille St, Lafayette, LA 70503 Type: Industrial Price: $650,000 ($131.05 / SF) Buyer: E & B CAMILLE HOLDINGS LLC Elifin's Notes: An industrial flex showroom property sells on Camille Street off of Johnston Street 200 Burgess Dr, Unit A, Broussard, LA 70518 Type: Industrial Price: $430,000 ($44.79 / SF) Buyer: BRASSEAUX ADVENTURES LLC Elifin's...

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The Pulse LFT: Former KFC property sells on Ambassador Caffery

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 3328 Ambassador Caffery Pkwy, Lafayette, LA 70506 Type: Retail Price: $1,150,000 ($547.62 / SF) Buyer: 3328 AMBASSADOR CAFFERY LLC Elifin's Notes: The KFC fast food retail property sells near the intersection of Ambassador Caffery Parkway & Johnston Street 1207 N University Ave, Lafayette, LA 70506 Type: Office Price: $460,000 ($139.39 / SF) Buyer: DUPONT...

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The Pulse NOLA: City of NOLA purchases industrial property for 7mm

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 10500 Hayne Blvd, New Orleans, LA 70127 Type: Multifamily Price: $9,325,000 ($70,644 / Unit) Buyer: Haltere Fund VI, LLC Elifin's Notes: The Haltere Group, a California-based investment firm, purchases the Arbors on the Lake apartment complex 3035 Earhart Blvd, New Orleans, LA 70125 Type: Industrial Price: $7,000,000 ($143.78 / SF) Buyer: CITY OF...

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The Pulse BR: Downtown Building in Belle of Baton Rouge complex sold

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 150 Mayflower St, Baton Rouge, LA 70802 Type: Retail Price: $1,466,000 ($139.62 / SF) Buyer: GLP Capital, LP Elifin's Notes: Gaming & Leisure Properties purchase building in the Belle of Baton Rouge complex downtown. 8220 Goodwood Blvd, Baton Rouge, LA 70806 Type: Office Price: $685,000 ($57.42 / SF) Buyer: Louisiana Organization...

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