A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 1200 Decatur St, New Orleans, LA 70116 Type: Mixed-Use Price: $1,625,000 ($196.54 / SF) Buyer: 1200 DECATUR BAR LLC Elifin's Notes: A three-story mixed use property with retail on the first two floors and two apartments on third floor sells at the corner of Decatur and Governor Nicholls Streets...
A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 1617 Hwy 30, Gonzales, LA 70737 Type: Industrial Price: $3,500,000 ($212.12 / SF) Buyer: Elliott Partners Ltd Elifin's Notes: Elliott Partners Ltd purchases their industrial location at the hard corner of East Highway 30 and South Darla Avenue. 11559 Florida Blvd, Baton Rouge, LA 70815 Type: Retail Price:...
A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 102, 104, 106 Toledo Dr, Lafayette, LA 70506 Type: Retail Price: $315,000 ($69.94 / SF) Buyer: ASM102 TOLEDO INC Elifin's Notes: A former pet day care property changes ownership, along with two adjacent vacant parcels on Toledo Drive. 1913, 1915 W Congress St, Lafayette, LA 70506 Type: Retail Price: $254,000 ($195.38 / SF) Buyer:...
A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 2301 Idaho Ave, Kenner, LA 70062 Type: Multifamily Price: $21,151,571 ($74,741 / Unit) Buyer: WESTMINSTER TOWER LP Elifin's Notes: A Tennessee-based company purchases Westminster Tower, a 285-unit senior living apartment property on Idaho Avenue. 1570 Westbank Expy, Harvey, LA 70058 Type: Retail Price: $1,336,250 ($641.81 / SF) Buyer: NABUT BROTHERS LLC Elifin's Notes: Nabut...
A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 4959 Evangeline St, Baton Rouge, LA 70805 Type: Retail Price: $1,550,000 ($620.00 / SF) Buyer: Nabut Brothers LLC Elifin's Notes: Nabut Brothers LLC acquires the Circle K Store property on Evangeline Street. 3536 Drusilla Lane, Baton Rouge, LA 70809 Type: Retail Price: $1,316,250 ($1,492.35 / SF) Buyer:...
A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 130 N Ambassador Caffery Pkwy, Scott, LA 70583 Type: Industrial Price: $2,441,600 ($49.83 / SF) Buyer: JE SCOTT PROPERTIES LLC Elifin's Notes: The property at the northbound exit of I-10 onto Ambassador Caffery Parkway has been split into condominium parcels. This purchase is of one side of the industrial building...
A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 3411 S Carrollton Ave, New Orleans, LA 70118 Type: Retail Price: $5,000,000 ($650.28 / SF) Buyer: RBC CAPITAL ENCORE LLC Elifin's Notes: RBC Capital Encore LLC acquires a convenience store/gas station property with multiple tenants at the corner of South Carrollton Avenue and Olive Street. 900 Bridge City Ave, Bridge...
A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 7529 Corporate Blvd, Baton Rouge, LA 70809 Type: Retail Price: $81,000,000 ($197.16 / SF) Buyer: G&I XI TC at Cedar Lodge LLC Elifin's Notes: The Towne Center at Cedar Lodge sells to a New York-based entity for $81MM. 4445 Alvin Dark Ave, Baton Rouge, LA 70820 Type: Multifamily Price: $5,450,000...
A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 1212 Royal St, New Orleans, LA 70116 Type: Mixed-Use Price: $2,050,000 ($278.15 / SF) Buyer: 1212 ROYAL LLC Elifin's Notes: This mixed-use property has 2 street-level restaurant spaces and 8 residential units on the second floor. 2237, 2249 Arlington Ave, Harvey, LA 70058 Type: Industrial Price: $880,000 ($137.50 / SF) Buyer: HERO LANDS...
A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 5522 Ambassador Caffery Pkwy, Youngsville, LA 70592 Type: Healthcare Price: $28,300,000 ($291.88 / SF) Buyer: VTR AVT LAFAYETTE LLC Elifin's Notes: Ventas, an Illinois-based real estate investment company, acquires the Avanti Senior Living care center. 920 Lebesque Rd, Lafayette, LA 70507 Type: Industrial Price: $2,200,000 ($52.48 / SF) Buyer: PEAK NDT SOLUTIONS LLC Elifin's Notes:...