The Pulse

The Pulse LFT: Land adjacent to Ascension Episcopal School sells for 2.8mm

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1803 Chemin Metairie Rd, Youngsville, LA 70592 Type: Land Price: $2,825,740 ($10.00 / Land SF) Buyer: GRACE JAMES PROPERTIES LLC Elifin's Notes: A pair of Sulphur-based investors purchase a 6.4+ acre parcel of land along Chemin Metairie Parkway adjacent to Ascension Episcopal School in Youngsville 5845 Highway 90 East 111 Southwood Dr,...

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The Pulse NOLA: French Quarter property purchased by Bevolo Gas & Electric Lights

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 520 Conti St, New Orleans, LA 70130 Type: Multifamily Price: $1,100,000 ($220,000 / Unit) Buyer: BEVOLO GAS & ELECTRIC LIGHTS LLC Elifin's Notes: Bevolo Gas & Electric Lights acquires a commercial property within the French Quarter on Conti Street 3308 Washington Ave, New Orleans, LA 70125 Type: Multifamily Price: $615,200 ($30,760 /...

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The Pulse BR: Former antique store with I-12 frontage sells

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 12455 S Harrell's Ferry Rd, Baton Rouge, LA 70816 Type: Industrial Price: $605,000 ($106.64 / SF) Buyer: Cothern Enterprises LLC Elifin's Notes: Local investor purchases S Harrell's Ferry Rd property. 9170 S Choctaw Dr, Baton Rouge, LA 70815 Type: Industrial Price: $575,000 ($46.40 / SF) Buyer: Get Your Wings LLC Elifin's Notes:...

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The Pulse LFT: City of Lafayette purchases Vermilion Conference Center

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 5110 Johnston St, Lafayette, LA 70503 Type: Industrial Price: $3,125,000 ($173.61 / SF) Buyer: DOUG ASHY BUILDING MATERIALS INC Elifin's Notes: Doug Ashy Building Materials acquires a pair of commercial buildings on over 11 acres of land near their primary complex on Johnston Street 326 Gauthier Rd, Lafayette, LA 70501 Type: Office Price:...

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The Pulse NOLA: Gayle Benson purchases land, 65mm apartment sale

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 1499 Central Park Blvd, Harvey, LA 70058 Type: Multifamily Price: $65,000,000 ($180,556 / Unit) Buyer: FC HARVEY LLC Elifin's Notes: The Waters at Manhattan, a 360-unit multifamily property in Harvey, sells 6364 Woodland Hwy, New Orleans, LA 70131 Type: Multifamily Price: $6,500,000 ($43,046 / Unit) Buyer: 9900 TIMBER RIDGE LLC Elifin's Notes: The Timber...

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The Pulse BR: Zachary mobile home park sells for 2mm

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 9895 Florida Blvd, Baton Rouge, LA 70815 Type: Multifamily Price: $2,500,000 ($32,468 / Unit) Buyer: The Mirage Villa Apartments LLC Elifin's Notes: The Mirage Villa Apartments, a 77-unit complex on Florida Blvd near Sharp Lane, sells to group of local investors. 18750 Old Scenic Hwy, Zachary, LA 70791 Type:...

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The Pulse LFT: Mixed-use property along Camellia Blvd sells for 2.5mm

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1003 Camellia Blvd, Lafayette, LA 70508 Type: Mixed-Use Price: $2,475,000 ($253.12 / SF) Buyer: MD4 PROPERTIES LLC Elifin's Notes: A pair of Youngsville-based investors purchase a newly constructed commercial property with two office suites on the first floor and two residential 3BR/3BA units on the second floor 804 East Saint Mary...

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The Pulse BR: Hotel developers purchase land off Corporate Blvd

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 9522 Brookline Ave, Baton Rouge, LA 70809 Type: Office Price: $1,650,000 ($89.75 / SF) Buyer: 9522 Brookline LLC Elifin's Notes: Local investor purchases Brookline Ave office building off Drusilla Lane. Tract B-2-A-1-A-2-B-3 West Lee Dr, Baton Rouge, LA 70820 Type: Land Price: $1,525,000 ($28.70 / Land SF) Buyer: Tasty Delites Southeast...

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The Pulse NOLA: Excelth purchases their location in Algiers

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 4422 General Meyer Ave, New Orleans, LA 70131 Type: Healthcare Price: $1,325,000 ($39.18 / SF) Buyer: EXCELTH INC Elifin's Notes: Excelth, a primary health care company, purchases their location in Algiers adjacent to Edna Karr High School 809 Behrman Highway, Terrytown, LA 70056 Type: Retail Price: $1,150,000 ($115.00 / SF) Buyer: 809 BEHRMAN...

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The Pulse LFT: Three Wendy’s locations sold last week

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 3144 Ambassador Caffery Pkwy, Lafayette, LA 70506 Type: Retail Price: $2,272,549 ($766.98 / SF) Buyer: WENDYS PROPERTIES LLC Elifin's Notes: The Wendy's main office acquire one of their franchise properties in front of the Wal-Mart on Ambassador Caffery Parkway 3510 West Pinhook Rd, Lafayette, LA 70508 Type: Retail Price: $2,045,071 ($681.69 / SF) Buyer:...

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