The Pulse

The Pulse NOLA: Gordon McKernan-led entity purchases Jefferson Financial building

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 115 Focis St, Metairie, LA 70005 Type: Retail Price: $1,500,000 ($307.57 / SF) Buyer: 115-117 FOCIS STREET LLC Elifin's Notes: A multi-tenant retail property sells near Metairie Road. 301A Funston St, New Orleans, LA 70123 Type: Industrial Price: $805,252 ($104.04 / SF) Buyer: BB FIBERS LLC Elifin's Notes: A local company purchases an industrial...

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The Pulse BR: Perkins Plaza retail center sold

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 13213, 13259 Perkins Rd, Baton Rouge, LA 70810 Type: Retail Price: $1,350,000 ($129.81 / SF) Buyer: Carlye LLC Elifin's Notes: A pair of local business owners acquire the Perkins Plaza retail strip center. 5917 Jones Creek Rd, Baton Rouge, LA 70817 Type: Office Price: $662,500 ($64.75 /...

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The Pulse Northshore: Plastic manufacturing facility sold for 6.5mm

A weekly update on the commercial real estate landscape of The Northshore. Commercial Sales Recorded Last Week 60051 Camp Villere Rd, Slidell, LA 70460 Type: Industrial Price: $6,500,000 ($87.84 / SF) Buyer: CHP CONDUIT MANUFACTURING LLC Elifin's Notes: A New Orleans-based private equity firm purchases an industrial facility occupied by a plastic manufacturing company. 705 N Causeway Blvd, Mandeville, LA 70448 Type: Retail Price: $1,500,000 ($182.93 / SF) Buyer: JR...

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The Pulse LFT: Chateau Lafayette Apartments sold

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 100 Blk N Eola Rd, Broussard, LA 70518 Type: Land Price: $3,049,490 ($0.93 / Land SF) Buyer: EOLA PLACE DEVELOPMENT LLC Elifin's Notes: A 75+ acre parcel of land sells on North Eola Road in Broussard, east of U.S. 90. 124 Jomela Dr, Lafayette, LA 70503 Type: Multifamily Price: $2,000,000 ($33,333 / Unit) Buyer:...

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The Pulse NOLA: Former Light City Church property sold

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 6117 St Claude Ave, New Orleans, LA 70117 Type: Specialty Price: $750,000 ($17.31 / SF) Buyer: FORGIVEN THE EVANGELISTIC MINISTRY OF MELONIE PICHON Elifin's Notes: The former Light City Church religious facility sells on Saint Claude Avenue. 26146 Chef Menteur Hwy, New Orleans, LA 70129 Type: Retail Price: $250,000 ($211.86 / SF) Buyer:...

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The Pulse BR: Land adjacent to Court to Table sells

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 6150 Hwy 73, Geismar, LA 70734 Type: Industrial Price: $1,800,000 ($137.14 / SF) Buyer: Upton & Wood Holdings LLC Elifin's Notes: An industrial property with office and warehouse space changes hands near Jackie Robinson Memorial Park on Highway 73. 7611 Burbank Dr, Baton Rouge, LA 70820 Type:...

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The Pulse Northshore: City of Slidell purchases baseball complex

A weekly update on the commercial real estate landscape of The Northshore. Commercial Sales Recorded Last Week 17011 Jade Ct, Hammond, LA 70403 Type: Multifamily Price: $1,825,000 ($30,417 / Unit) Buyer: KND VALENCIA VILLAS LLC Elifin's Notes: The Valencia Villas apartment complex sells to a Baton Rouge-based entity. 3600 Oak Harbor Blvd, Slidell, LA 70461 Type: Land Price: $375,000 ($3.47 / Land SF) Buyer: P21A LLC Elifin's Notes: A 2+ acre...

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The Pulse LFT: Preschool in Youngsville sold

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 104 Barbados Dr, Youngsville, LA 70592 Type: Specialty Price: $5,400,000 ($496.10 / SF) Buyer: RED APPLE AT SUGAR MILL ELC LLC Elifin's Notes: A Florida-based company acquires a school property in Youngsville. 319 Mecca St, Lafayette, LA 70508 Type: Industrial Price: $360,000 ($72.17 / SF) Buyer: DONS EXTERMINATING CO LLC Elifin's Notes: An industrial property...

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The Pulse NOLA: Vacant land near airport sold

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 1431 Prytania St, New Orleans, LA 70130 Type: Multifamily Price: $700,000 ($77,778 / Unit) Buyer: GARDENS ON THE CORNER LLC Elifin's Notes: A 9-unit multifamily property changes hands on Prytania and Melpomene Street. 2239 Richland St, Kenner, LA 70062 Type: Land Price: $600,000 ($15.67 / Land SF) Buyer: C&C INVESTMENT HOLDING GROUP LLC Elifin's...

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The Pulse BR: Former Winn-Dixie in Central sold

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 6897 Perkins Road, Baton Rouge, LA 70808 Type: Land Price: $2,200,000 ($17.54 / Land SF) Buyer: First National Bank of Louisiana Elifin's Notes: A 2+ acre tract of land sells along Perkins Road near Pennington's campus. 37558 Highway 30, Gonzales, LA 70737 Type: Industrial Price: $1,400,000 ($96.55...

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