The Pulse

The Pulse Northshore: American Bank acquires property in Mandeville

A weekly update on the commercial real estate landscape of The Northshore. Commercial Sales Recorded Last Week 350 N Causeway Blvd, Mandeville, LA 70448 Type: Office Price: $910,000 ($203.03 / SF) Buyer: AMERICAN BANK & TRUST Elifin's Notes: American Bank and Trust acquires an additional office property on North Causeway Boulevard. 40355 Hwy 190 E, Slidell, LA 70461 Type: Retail Price: $875,000 ($87.50 / SF) Buyer: KASTNER ENTERPRISES, L.L.C. Elifin's Notes:...

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The Pulse LFT: Strip center on Heymann Blvd sells

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1327 Eraste Landry Rd, Lafayette, LA 70506 Type: Industrial Price: $1,600,000 ($71.92 / SF) Buyer: CHS HOLDINGS LLC Elifin's Notes: An industrial property changes hands on Eraste Landry Road. 331, 333, 337 Heymann Blvd, Lafayette, LA 70503 Type: Retail Price: $875,000 ($88.53 / SF) Buyer: TIDES PROPERTIES LLC Elifin's Notes: A strip center property sells...

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The Pulse NOLA: Maison Dupuy Hotel sells

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 5244 Gen Meyer Ave, New Orleans, LA 70131 Type: Retail Price: $1,100,000 ($80.73 / SF) Buyer: MMKW L L C Elifin's Notes: The former Aurora Recreational Club property changes ownership on General Meyer Avenue. 2003, 2005 Carondelet St; 2000 Brainard St, New Orleans, LA 70130 Type: Mixed-Use Price: $900,000 ($95.56 / SF) Buyer:...

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The Pulse BR: Eden Point Apartments sold

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 2601 Morning Mist Dr, Baton Rouge, LA 70810 Type: Land Price: $21,076,455 ($11.20 / Land SF) Buyer: HARVESTON VENTURES LLC Elifin's Notes: A local developer purchases 168 residential lots within the Lakes at Harveston residential development. 11528 Old Hammond Hwy, Baton Rouge, LA 70816 Type: Multifamily Price: ...

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The Pulse Northshore: Owners of John’s Supermarket purchase 5 acres

A weekly update on the commercial real estate landscape of The Northshore. Commercial Sales Recorded Last Week 126 Holiday Blvd, Slidell, LA 70460 Type: Hospitality Price: $2,450,000 ($41,525 / Unit) Buyer: THAKORJI LLC Elifin's Notes: A Troy, Alabama-based buyer purchases a 59-unit La Quinta Inn & Suites. 925 Lafitte St, Mandeville, LA 70448 Type: Industrial Price: $1,200,000 ($93.75 / SF) Buyer: FIVE FAMILIES PROPERTY GROUP, LLC Elifin's Notes: An investment industrial...

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The Pulse LFT: Illinois company purchases distribution facility for 15mm

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 210 Distribution Dr, Lafayette, LA 70507 Type: Industrial Price: $15,000,000 ($75.91 / SF) Buyer: LONE OAK LAFAYETTE LLC Elifin's Notes: An Illinois-based company purchases a distribution facility on Distribution Drive. 6011 Ambassador Caffery Pkwy, Youngsville, LA 70592 Type: Office Price: $4,025,000 ($348.85 / SF) Buyer: SCREP II HC SPE LLC Elifin's Notes: An Illinois-based company...

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The Pulse NOLA: Restaurant property near Yacht Club sold

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 7400 Lakeshore Dr, New Orleans, LA 70124 Type: Retail Price: $2,400,000 ($571.43 / SF) Buyer: FELIXS LAKEFRONT L L C Elifin's Notes: A restaurant property sells on Lakeshore Drive. 4624 S Claiborne Ave, New Orleans, LA 70125 Type: Office Price: $1,790,000 ($211.58 / SF) Buyer: WICHITA INVESTMENT LLC Elifin's Notes: An Arkansas-based company purchases...

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The Pulse BR: Advanced Auto Parts location sold on Hwy 44

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 12516 Hwy 44, Gonzales, LA 70737 Type: Retail Price: $1,050,000 ($158.78 / SF) Buyer: Auto Parts Hwy 44 LLC Elifin's Notes: An Advance Auto Parts branch property sells on Highway 44. 11021 Perkins Rd, Baton Rouge, LA 70810 Type: Office Price: $472,455 ($89.33 / SF) Buyer: Verdict...

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The Pulse Northshore: St. Tammany Health System acquires 3.85 acres

A weekly update on the commercial real estate landscape of The Northshore. Commercial Sales Recorded Last Week 142 Tortorice Lane, Independence, LA 70443 Type: Industrial Price: $1,000,000 ($113.64 / SF) Buyer: DAYS WHOLESALE LLC Elifin's Notes: An industrial property sells in Independence. 94 Rue Maison du Lac Blvd, Covington, LA 70433 Type: Land Price: $995,782 ($5.94 / Land SF) Buyer: ST TAMMANY HEALTH SYSTEM Elifin's Notes: The Saint Tammany Health System...

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The Pulse LFT: NY-based company purchases three industrial properties

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 2008, 2010 W Pinhook Rd, Lafayette, LA 70508 Type: Office Price: $1,600,000 ($251.97 / SF) Buyer: RELIANT INVESTMENTS LLC Elifin's Notes: An office property sells on West Pinhook. 216 Old Farm Rd, Broussard, LA 70518 Type: Industrial Price: $1,469,292 ($59.49 / SF) Buyer: PRENN REALTY LLC Elifin's Notes: A New York-based investment company purchases this...

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