The Pulse

The Pulse NOLA: 274 Unit Oakmont of Algiers sell

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 2200 Westbend Pkwy Type: Multifamily Price: $4,500,000 ($16,423 / Unit) Buyer: ZURQUI LLC Elifin's Notes: As one of three sales this week as a result of the same bankruptcy proceeding, Baton Rouge-based investors purchase the Oakmont of Algiers apartment complex in the Behrman area 1445 Lapalco Blvd Type: Land Price: $3,500,000 ($9.17...

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The Pulse BR: Settlement at Shoe Creek tract sells for 1.75mm

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week Tract A Sullivan Rd Type: Land Price: $1,750,000 ($158.33 / Land SF) Buyer: Central/Won LLC Elifin's Notes: Unit A of the Settlement at Shoe Creek development sells to Houston-based real estate investor. 751 W Lee Dr Type: Land Price: $1,012,000 ($20.03 / Land SF) Buyer: Benny's Lee LLC Elifin's Notes: Benny's Carwash purchases vacant...

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The Pulse NOLA: New Medical office sells for 2.8mm

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 2405 Sanctuary Dr Type: Specialty Price: $2,800,000 Buyer: NEW ORLEANS MILITARY AND MARITIME ACADEMY INC Elifin's Notes: The Algiers Development District sells to the New Orleans Military and Maritime Academy its' own campus and additional property in the Whitney area of Algiers 2558 Barataria Blvd Type: Office Price: $2,388,039 Buyer: FCPT HOLDINGS LLC Elifin's...

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The Pulse LFT: Multi-tenant retail building sold for 710k

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 2801 Kaliste Saloom Rd Type: Retail Price: $710,000 ($69.34 / SF) Buyer: J&A COMMERCIAL HOLDINGS LLC Elifin's Notes: Local investors purchase a multiple unit retail property at the corner of Kaliste Saloom Road and Kensington Drive 1921 Kaliste Saloom Rd Unit 203B Type: Office Price: $600,000 ($253.06 / SF) Buyer: FONTENOT WEALTH GROUP LLC Elifin's...

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The Pulse CBUS: Goodwill Corporate building sold for 11mm

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 1331 Edgehill Rd Type: Office Price: $11,300,000 ($94.57 / SF) Buyer: WC ECP EDGEHILL LLC Elifin's Notes: Goodwill's corporate office sells along the corner of West Fifth Avenue and Edgehill Road 5075 Fisher Rd Type: Land Price: $10,000,000 ($12.19 / Land SF) Buyer: OHIO POWER COMPANY Elifin's Notes: The Ohio Power Company purchases 18+ acres...

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The Pulse BR: Range USA off Millerville sold

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 13505 Millerville Greens Blvd Type: Retail Price: $4,610,628 ($317.97 / SF) Buyer: Miller Hunt LLC Elifin's Notes: Range USA, a gun shop and gun range off Millerville, sells to an Illinois-based buyer. 12222 Florida Blvd Type: Retail Price: $1,076,821 ($147.51 / SF) Buyer: Agree Stores LLC Elifin's Notes: Advanced Auto...

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The Pulse LFT: 44 Unit Mobile Home Park in Carencro sells

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 314 Malapart Rd Type: Multifamily Price: $1,050,000 ($23,864 / Unit) Buyer: STANLEY MALAPART OAKS LLC Elifin's Notes: A 44-unit Mobile Home Park sitting on 6 acres of land sells along Malapart Road in South Carencro 208 Spring Farm Rd Type: Land Price: $968,993 ($20.00 / Land SF) Buyer: MD4 PROPERTIES LLC Elifin's Notes: Local investor...

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The Pulse CBUS: Winchester Pike office building sells for 1mm

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 3303 Winchester Pike Type: Office Price: $1,095,000 ($130.05 / SF) Buyer: WINCHESTER PIKE REAL ESTATE LLC Elifin's Notes: An entity purchases an office building sitting on three parcels of land along Winchester Pike 1094 Mckinley Ave Type: Industrial Price: $750,000 ($99.13 / SF) Buyer: CEEGEE HOLDINGS LLC Elifin's Notes: Industrial property sells on McKinley Avenue...

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The Pulse NOLA: Ochsner Foundation purchases large retail building

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 6166 Elysian Fields Ave Type: Retail Price: $1,200,000 ($383.75 / SF) Buyer: HAZA FOODS OF NORTHEAST LLC Elifin's Notes: Fast Food property sells in the St. Anthony area 2830 Bell St Type: Mixed-Use Price: $1,078,000 ($176.95 / SF) Buyer: JG2 PROPERTIES LLC Elifin's Notes: Local investors purchase a mixed-use property with 7 apartments and...

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The Pulse BR: Villas at Riverbend sells for 23.7mm

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 5689 River Road Type: Multifamily Price: $23,750,000 ($77,110 / Unit) Buyer: Riverbend Owners LLC Elifin's Notes: Ashland Capital, an Illinois-based real estate investment firm, purchase the Villas at Riverbend, a 308 unit student housing complex near LSU. 9105 Park Bluff Dr Type: Land Price: $6,000,000 ($7.65 / Land SF) Buyer: Penske Truck Leasing...

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