The Pulse

The Pulse NOLA: LSU Board of Supervisors purchases Anita’s Grill property

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 4330, 4338 St Charles Ave, New Orleans, LA 70115 Type: Retail Price: $8,500,000 ($822.37 / SF) Buyer: BP Louisiana Property LLC Elifin's Notes: The Fat Harry's & Superior Seafood properties sell for 8.5mm. 2114, 2118, 2122 Tulane Ave, New Orleans, LA 70112 Type: Retail Price: $1,105,000 ($718.47 / SF) Buyer: BOARD OF SUPERVISORS...

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The Pulse BR: AT&T Office sells along S Sherwood Forest

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 5420 Corporate Blvd, Baton Rouge, LA 70808 Type: Office Price: $2,150,000 ($70.12 / SF) Buyer: Harvey Brothers Investments, LLC Elifin's Notes: A multi-tenant office building sells on Corporate Blvd. 3111 S Sherwood Forest Blvd, Baton Rouge, LA 70816 Type: Office Price: $1,255,000 ($150.71 / SF) Buyer: Daniel Kennedy Properties LLC Elifin's Notes:...

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The Pulse BR: Parris Cardiovascular purchases office building

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 2020 S Veterans Blvd, Gonzales, LA 70737 Type: Multifamily Price: $38,200,000 ($180,189 / Unit) Buyer: Country Place 20 LLC; Keystone Twenty 20 LLC; Milbank Twenty 20 LLC Elifin's Notes: The Legacy at 2020, a 212-unit multifamily property, sells in Gonzales. 10985 N Harrells Ferry Rd, Baton Rouge, LA...

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The Pulse LFT: Former Southside Roofing office sells

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1214 Rue Du Belier, Lafayette, LA 70506 Type: Office Price: $400,000 ($142.15 / SF) Buyer: CLOTEAUX PROPERTIES LLC Elifin's Notes: A live/work office property, previously occupied by Southside Roofing, sells along Rue Du Belier. 200, 206, 208, 210 Jack St, Carencro, LA 70520 Type: Industrial Price: $225,000 ($40.91 / SF) Buyer: COURVILLE SPORTING COMPLEX...

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The Pulse NOLA: Trader Joe’s purchases building in Uptown

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 4300 Peters Rd, Harvey, LA 70058 Type: Industrial Price: $4,300,000 ($143.33 / SF) Buyer: AMS REAL ESTATE LLC Elifin's Notes: AMS Real Estate has acquired a multiple building industrial property on Peters Road. 2800 N Johnson St, New Orleans, LA 70117 Type: Industrial Price: $2,000,000 ($50.00 / SF) Buyer: 2800 NORTH JOHNSON LLC Elifin's...

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The Pulse LFT: Former Burger Tyme restaurant sells along Johnston

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 6885 Johnston St, Lafayette, LA 70503 Type: Retail Price: $2,905,254 ($128.11 / SF) Buyer: AGREE STORES LLC Elifin's Notes: An auto repair shop sells on Johnston Street past East Broussard Road heading toward Maurice. 3300 Johnston St, Lafayette, LA 70503 Type: Retail Price: $915,000 ($345.28 / SF) Buyer: TREEHAVEN JOHNSTON LLC Elifin's Notes: The Burger...

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The Pulse NOLA: Metairie Towers Condominiums sells for 24.5mm

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 401 Metairie Rd, Metairie, LA 70005 Type: Multifamily Price: $24,500,000 ($111,872 / Unit) Buyer: DKA ONE LLC Elifin's Notes: The Metairie Towers Condominiums Complex sells in Old Metairie. 225 Hord St, New Orleans, LA 70123 Type: Industrial Price: $1,100,000 ($62.86 / SF) Buyer: ELLIOTT PARTNERS LTD Elifin's Notes: The owners of Elliot Electric Supply,...

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The Pulse BR: Costco-adjacent McDonalds location sells

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 10011 Dawnadele Ave, Baton Rouge, LA 70809 Type: Retail Price: $2,800,000 ($623.61 / SF) Buyer: McBaton LLC Elifin's Notes: New Jersey-based investors purchase the McDonalds next to Costco off Airline Hwy. 6071 Industrial Dr, Geismar, LA 70734 Type: Industrial Price: $1,200,000 ($160.00 / SF) Buyer: Charles Robert Carter Properties Inc Elifin's Notes:...

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The Pulse LFT: Local entity purchases 3 fast food restaurant properties

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1602 N University Ave; 4154 W Congress St, Lafayette, LA 70506 Type: Retail Price: $2,102,965 ($560.64 / SF) Buyer: RAJANE LLC Elifin's Notes: This sale includes two of the three fast food locations purchased by a local entity this past week. 400 E Bluebird Dr, Lafayette, LA 70508 Type: Land Price: $1,595,587 ($3.86...

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The Pulse NOLA: Monday restaurant property sells in Mid-City

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 821 Washington Ave, New Orleans, LA 70130 Type: Multifamily Price: $6,225,000 ($194,531 / Unit) Buyer: Housing Authority of New Orleans Elifin's Notes: Housing Authority of New Orleans purchases a 32-unit multifamily complex. 318 N Alexander St, 4327 Bienville St, New Orleans, LA 70119 Type: Retail Price: $3,700,000 ($389.27 / SF) Buyer: MONDAYS BIENVILLE...

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