The Pulse

The Pulse NOLA: St. Claude convenience store sells for 1.8mm

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 3200 Saint Claude Ave, New Orleans, LA 70117 Type: Retail Price: $1,800,000 ($473.68 / SF) Buyer: ADAM AND MOE LLC Elifin's Notes: Gretna-based investor purchases a convenience store property with a parking lot sitting along Saint Claude Avenue next to the other property he bought this past week 2218 Poydras...

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The Pulse BR: Jefferson Lakes apartments sells for 13.75mm

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 12400 Jefferson Hwy, Baton Rouge, LA 70816 Type: Multifamily Price: $13,750,000 ($46,453 / Unit) Buyer: Jefferson Lakes Apt LLC Elifin's Notes: Jefferson Lakes, a 290 unit apartment complex just off the Airline Hwy intersection, sells. 6500 Scenic Hwy, Baton Rouge, LA 70807 Type: Multifamily Price: $7,100,000 ($84,524 / Unit) Buyer: Scenic...

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The Pulse LFT: 23+ Acres sell to Baton Rouge-based entity

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week Tract 5-B-2 Fortune Road, Youngsville, LA 70592 Type: Land Price: $1,025,000 ($1.01 / Land SF) Buyer: 9191 VENTURES LLC Elifin's Notes: A Baton Rouge-based entity purchases 23+ acres of vacant land at the intersection of Fortune Road and the Youngsville Highway 801 West University Avenue, Lafayette, LA 70506 Type: Retail Price: $412,000 ($43.35...

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The Pulse CBUS: Office condos in Astor Park sold for 36.4mm

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 600 West Nationwide Boulevard, Columbus, OH 43215 Type: Office Price: $36,386,140 Buyer: BBI ASTOR PARK I LLC Elifin's Notes: BBI Logistics, as part of their office move, purchases four condominium units within the new Astor Park development neighboring Lower.com Field 3726 W Dublin Granville Rd, Columbus, OH 43235 Type: Retail Price: $3,189,000 ($885.83...

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The Pulse BR: Exxon Mobil purchases land off Scenic Hwy

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 7358 Theola Hines Lane, Gonzales, LA 70737 Type: Land Price: $687,500 ($0.62 / Land SF) Buyer: RRL Holdings LLC Elifin's Notes: Through three separate transactions, RRL Holdings LLC purchases two vacant land parcels combining to hold 25+ acres located at the intersection of I-10 and Hwy 941 326...

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The Pulse NOLA: Charter school property sells for 27.5mm

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 979 Behrman Highway, Terrytown, LA 70056 Type: Specialty Price: $27,500,755 ($305.56 / SF) Buyer: ATHLOS ACADEMY OF JEFFERSON Elifin's Notes: Athlos Academy of Jefferson purchases their charter school property in Terrytown 1212 27th Street, Kenner, LA 70062 Type: Industrial Price: $400,000 ($57.47 / SF) Buyer: PRADAT INVESTMENTS LLC Elifin's Notes: An industrial flex property...

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The Pulse LFT: Charter school developer purchases 15.9+ acres

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week Parcel 2B East Bluebird Dr, Lafayette, LA 70508 Type: Land Price: $4,000,000 ($4.82 / Land SF) Buyer: DB CAMELLIA LAND LLC Elifin's Notes: DB Camellia Land LLC, a Baton Rouge-based entity, purchases 19.049 acres of vacant commercial land out of a larger land parcel at the terminus of East Bluebird...

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The Pulse BR: Rouzan commercial land sells to Kidz Karousel

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 5350 Perkins Rd, Baton Rouge, LA 70809 Type: Land Price: $1,139,260 ($19.96 / Land SF) Buyer: Kidz Karousel-Rouzan Realty LLC Elifin's Notes: Kidz Karousel, a local early childhood development center, purchases acreage off Perkins Rd in the Rouzan Commercial neighborhood. 15134 Old Hammond Hwy, Baton Rouge, LA 70816 Type:...

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The Pulse NOLA: Truck terminal sells for 4.9mm

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 12169 Old Gentilly Rd, New Orleans, LA 70129 Type: Industrial Price: $4,915,000 ($251.28 / SF) Buyer: CROWN ENTERPRISES LLC Elifin's Notes: Through Yellow Trucking's bankruptcy bidding process, this truck terminal was one of eight properties purchased by Crown Enterprises LLC, a Michigan-based commercial real estate development entity 2401 Connecticut Ave,...

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The Pulse CBUS: Cleveland Ave storage facility sells for 2.8mm

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 3860 Cleveland Ave, Columbus, OH 43224 Type: Self-Storage Price: $2,820,643 ($7,665 / Unit) Buyer: MERCURY STORAGE 2 LLC Elifin's Notes: A self-storage facility sells along Cleveland Avenue in North Linden 12.737 Acres New Albany-Condit Rd, New Albany, OH 43054 Type: Land Price: $1,971,800 ($3.55 / Land SF) Buyer: THE NEW ALBANY COMPANY LLC Elifin's Notes:...

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