The Pulse

01 Jan The Pulse BR: SouthStar Urgent Care in Zachary sells

Posted at 23:54h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 5654 Main St Type: Office Price: $1,800,000 ($681 / SF) Buyer: Southstar MD LLC Elifin's Notes: SouthStar Urgent Care in Zachary sells to Utah-based investor. 5707 Siegen Lane Type: Land Price: $1,350,000 Buyer: Crawfish Commercial LLC Elifin's Notes: Commercially zoned lot sells on Siegen Lane near the Airline Hwy intersection. 8352 Bluebonnet Blvd Type: Office Price: $1,250,000...

26 Dec The Pulse NOLA: Former Our Lady of Lourdes Sanctuary sold

Posted at 08:38h in Research, The Pulse, The Pulse: New Orleans by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 2400 Napoleon Ave Type: Retail Price: $1,250,000 ($105 / SF) Buyer: 2400 NAPOLEON AVENUE LLC Elifin's Notes: Local investors purchase the historic former Our Lady of Lourdes Catholic Church Sanctuary, consisting of 11,889 sq ft of space in the Freret area 4432 Conlin St Type: Office Price: $1,057,479 ($176,247 / Unit) Buyer: 4432...

26 Dec The Pulse BR: Retail center on Monterrey Blvd sold

Posted at 08:37h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 10235 Jefferson Hwy (Building 5) Type: Office Price: $2,000,000 ($372 / SF) Buyer: GLIM LLC Elifin's Notes: Local investor purchases office building in the Metro Office Park. 850 North Blvd Type: Office Price: $460,000 ($136 / SF) Buyer: Royal Engineers and Consultants LLC Elifin's Notes: Royal Engineers and Consultants purchases B-1 zoned office near...

19 Dec The Pulse NOLA: Large medical facility on Poydras sold

Posted at 09:13h in Research, The Pulse, The Pulse: New Orleans by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 516 Natchez St Type: Multifamily Price: $2,850,000 ($475,000 / Unit) Buyer: MIURA LLC Elifin's Notes: Local investor acquires a three-story six unit luxury apartment building with 1BR/1BA and 2BR/2.5BA configurations in the Central Business District area. 1641 Poland Ave; 1604 Kentucky St Type: Industrial Price: $1,750,000 ($65 / SF) Buyer: R&C BUILDING MATERIALS...

19 Dec The Pulse BR: Embassy Suites on Constitution Ave sold

Posted at 09:07h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 7808 Howell Blvd Type: Retail Price: $750,000 ($124 / SF) Buyer: Montecristo Cigar Bar & Bistro LLC Elifin's Notes: Monecristo Cigar Bar & Bistro owner purchases the restaurant/bar's property near the Baton Rouge airport. 1095 S Flannery Rd Type: Retail Price: $560,000 ($112 / SF) Buyer: Rina Kim Property LLC Elifin's Notes: Local investor...

12 Dec The Pulse NOLA: Holiday Inn Express near MSY Airport sells

Posted at 09:13h in Research, The Pulse, The Pulse: New Orleans by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 1801 32nd St Type: Hospitality Price: $9,800,000 ($93,333 / Unit) Buyer: VIVEK&JAY LA LLC Elifin's Notes: Local investor acquires the Holiday Inn Express - Kenner New Orleans Airport property, with 105 rooms, in the Highway Park area 744, 748 Camp St, New Orleans, LA 70130 Type: Mixed-Use Price: $2,250,000 ($101 / SF) Buyer:...

12 Dec The Pulse BR: Vacant Sherwood Forest bank property sells for 2mm

Posted at 09:13h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 5423 S Sherwood Forest Blvd Type: Retail Price: $2,000,000 ($277 / SF) Buyer: Baton Rouge Vet Center LLC Elifin's Notes: Illinois-based investor purchases former Neighbors Credit Union on the corner of S Sherwood Forest Blvd and Market Place Ave 4323 Burbank Dr Type: Retail Price: $1,446,888 ($629 / SF) Buyer: Coflo Properties LLC Elifin's...

05 Dec The Pulse NOLA: Hobby Lobby purchases historic building on Magazine Street

Posted at 09:46h in Research, The Pulse, The Pulse: New Orleans by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 1556 Lapalco Blvd Type: Retail Price: $3,466,667 ($254 / SF) Buyer: NATIONAL RETAIL PROPERTIES LP Elifin's Notes: Maryland-based corporation acquires the approximately 13,653 sq ft Walgreens building retail property in the Harvey area 1420 Lapalco Blvd Type: Land Price: $1,170,000 ($11.83 / Land SF) Buyer: BUSINESS PROPERTY LLC Elifin's Notes: Local investor purchases 2.27...

05 Dec The Pulse BR: 5.5 million in new construction at local Catholic church

Posted at 09:41h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 6630 Siegen Lane Type: Multifamily Price: $39,500,000 ($126,603 / Unit) Buyer: Hidden Oaks Owner LLC Elifin's Notes: The Hidden Oaks at Siegen, a 312 unit apartment complex, sells to CLK Properties, a New York-based real estate investment firm. 6551 Bluebonnet Blvd Type: Retail Price: $2,700,000 ($264 / SF) Buyer: Halle Properties LLC Elifin's Notes:...

28 Nov The Pulse BR: Former Hancock Whitney on Industriplex sells

Posted at 09:15h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 11033 Industriplex Blvd Type: Retail Price: $800,000 ($207 / SF) Buyer: AGP Investments LLC Elifin's Notes: Former bank branch on Industriplex Blvd sells to local investor. 6074 Stumberg Lane Type: Mixed-Use Price: $500,000 ($142 / SF) Buyer: Raymond L Shepherd Jr and Kathy Morrow Shepherd Elifin's Notes: Local couple purchases office building off Stumberg...