The Pulse

The Pulse NOLA: Gayle Benson-backed entity purchases property

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 4123 Downman Rd; 5920 Alost St, New Orleans, LA 70126 Type: Mixed-Use Price: $1,250,000 ($81.97 / SF) Buyer: ALOST AND DOWNMAN LLC Elifin's Notes: A mixed-use property featuring office space and apartments changes ownership on Downman Road. 114, 116 Baronne St, New Orleans, LA 70112 Type: Retail Price: $800,000 ($151.06 / SF) Buyer:...

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The Pulse BR: Iowa company purchases Dollar General property

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 18224 Highland Rd, Baton Rouge, LA 70810 Type: Retail Price: $3,400,000 ($890.75 / SF) Buyer: Bank of Zachary Elifin's Notes: Bank of Zachary purchases the former Regions Bank property off of Highland Road. 14700 Old Hammond Hwy, Baton Rouge, LA 70816 Type: Retail Price: $1,862,573 ($174.40 /...

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The Pulse Northshore: Palmetto Greens apartments sell for 15.2 million

A weekly update on the commercial real estate landscape of The Northshore. Commercial Sales Recorded Last Week 900 Emerald Forest Blvd, Covington, LA 70433 Type: Multifamily Price: $15,250,000 ($105,903 / Unit) Buyer: PALMETTO GREENS LLC Elifin's Notes: A 144-unit multifamily property changes hands on Emerald Forest Boulevard. Lot 1 Turnpike Rd, Covington, LA 70433 Type: Land Price: $2,300,000 ($16.00 / Land SF) Buyer: BITTU GOOD B LLC Elifin's Notes: A 3+...

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The Pulse LFT: Pennsylvania-based company purchases property in Scott

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1223 Delhomme Ave, Scott, LA 70583 Type: Industrial Price: Withheld Buyer: LIBERTY TIRE RECYCLING LLC Elifin's Notes: A Pennsylvania-based company purchases an industrial property on Delhomme Avenue. Commercial Permits Issued Last Week .tg { border-collapse: collapse; border-color: #ccc; border-spacing: 0; border: 1px solid rgba(0, 0, 0, 0.12); background-color: #fff; width: 100%; } .tg td { background-color: #fff; border-color: #ccc; border-style: solid; border-width: 0px; color: #212121; font-size:...

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The Pulse NOLA: Tennessee-based company purchases Walgreens property

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 11297 Lake Forest Blvd, New Orleans, LA 70128 Type: Retail Price: $2,060,000 ($137.24 / SF) Buyer: CD NEW ORLEANS, LLC Elifin's Notes: A Tennessee-based company purchases a Walgreens branch property on Lake Forest Boulevard. 3125 N Causeway Blvd, Metairie, LA 70002 Type: Retail Price: $1,490,000 ($326.75 / SF) Buyer: 3125 N CAUSEWAY LLC Elifin's...

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The Pulse BR: Commerce Centre in Prairieville sold for 6.8 million

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 17097 Airline Hwy, Prairieville, LA 70769 Type: Retail Price: $6,800,000 ($186.03 / SF) Buyer: ZRP Commerce Centre LLC Elifin's Notes: A South Carolina-based company purchases a strip center property on Airline Highway. 2940 S Ruby St, Gonzales, LA 70737 Type: Industrial Price: $612,653 ($122.53 / SF) Buyer:...

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The Pulse Northshore: House of Balloons property in Hammond sells

A weekly update on the commercial real estate landscape of The Northshore. Commercial Sales Recorded Last Week 1487 Hwy 190, Hammond, LA 70401 Type: Industrial Price: $360,000 ($120.00 / SF) Buyer: RP REAL ESTATE HOLDINGS LLC Elifin's Notes: An office warehouse property, the location of House of Balloons, changes hands on Highway 190. 585 S Morrison Blvd, Hammond, LA 70403 Type: Office Price: $200,000 ($252.53 / SF) Buyer: AIR FLO...

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The Pulse LFT: Restaurant property on NE Evangeline Thwy sold

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 125 Stewart St, Lafayette, LA 70501 Type: Office Price: $432,500 ($212.95 / SF) Buyer: HYDE DOMINION LLC Elifin's Notes: An office property changes hands near Lafayette City Court in Downtown. 1224 NE Evangeline Thrwy, Lafayette, LA 70501 Type: Retail Price: $275,000 ($107.76 / SF) Buyer: EAGLIN, ANTHONY Elifin's Notes: A restaurant property sells across from...

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The Pulse BR: Magnolia Trace Apartments sold for 8.6 million

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 11585 N Harrells Ferry Rd, Baton Rouge, LA 70816 Type: Multifamily Price: $8,622,500 ($35,051 / Unit) Buyer: Emerald City Associates LLC Elifin's Notes: A North Carolina-based company purchases the Magnolia Trace Apartments, 246-unit multifamily property. 6212 Siegen Lane, Baton Rouge, LA 70809 Type: Retail Price: $2,800,000 ($434.78...

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The Pulse NOLA: Historic Bohn Motor Co. building changes ownership

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 4425-4445 Veterans Blvd, Metairie, LA 70006 Type: Retail Price: $2,630,000 ($171.90 / SF) Buyer: RICHARDS CLEARVIEW CITY CENTER LLC Elifin's Notes: A strip center property changes hands across from Clearview City Center Mall on Veterans Memorial Boulevard. 3555 Loyola Dr, Kenner, LA 70065 Type: Office Price: $1,600,000 ($159.20 / SF) Buyer: JEFFERSON PARISH...

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