The Pulse

16 Mar The Pulse Northshore: Florida-based charter school purchases land

Posted at 09:33h in Research, The Pulse, The Pulse: Northshore by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of The Northshore. Commercial Sales Recorded Last Week 81591 Hwy 21, Bush, LA 70431 Type: Retail Price: $1,698,814 ($131.69 / SF) Buyer: HOME CARE PARTNERSHIP Elifin's Notes: A Dollar General Market property sells in Bush. 43169 S Airport Rd, Hammond, LA 70403 Type: Land Price: $1,450,000 ($3.59 / Land SF) Buyer: SILVERTREE PROPERTIES LLC Elifin's Notes: A 9 acre tract of land...

16 Mar The Pulse LFT: New Orleans developer acquires property for new Chipotle

Posted at 09:28h in Research, The Pulse, The Pulse: Lafayette by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 3220 Johnston St, Lafayette, LA 70503 Type: Retail Price: $800,000 ($111.79 / SF) Buyer: PERARD JOHNSTON LLC Elifin's Notes: A New Orleans-based developer, with plans to demolish the existing structure to make way for a new Chipotle location, purchases this retail property. 5001 Hwy 90 E, Broussard, LA 70518 Type: Industrial Price: $600,000...

16 Mar The Pulse NOLA: Texas company acquires shopping center for 11.5mm

Posted at 09:24h 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 7801 Airline Dr, Metairie, LA 70003 Type: Retail Price: $11,550,000 ($110.01 / SF) Buyer: CASH AMERICA INC OF LOUISIANA Elifin's Notes: A Texas-based company acquires a shopping center property on Airline Drive. 5400 Jefferson Hwy, Harahan, LA 70123 Type: Industrial Price: $4,750,000 ($86.63 / SF) Buyer: LAPEYRE PROPERTIES LLC Elifin's Notes: A former furniture...

16 Mar The Pulse BR: Ohio-based REIT acquires Oak Grove Townhomes

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

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 8888 Airline Hwy, Baton Rouge, LA 70815 Type: Retail Price: $4,550,000 ($91.03 / SF) Buyer: 8888 Airline LLC Elifin's Notes: A Conn's Home Plus property sells to a local investor with plans to lease it out to the Secretary of State. 12137 Airline Hwy, Baton Rouge, LA 70817 Type:...

08 Mar The Pulse Northshore: Assisted living facility sold for 8.5mm

Posted at 21:33h in Research, The Pulse, The Pulse: Northshore by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of The Northshore. Commercial Sales Recorded Last Week 19432 Crawford Rd, Covington, LA 70433 Type: Healthcare Price: $8,500,000 ($100.05 / SF) Buyer: SABRA HEALTH CARE HOLDINGS III LLC Elifin's Notes: A California-based Health Care REIT purchases The Trace, an assissted/indpendent living facility. 215 Park Pl, Covington, LA 70433 Type: Industrial Price: $1,500,000 ($78.13 / SF) Buyer: CAP3 LLC Elifin's Notes: A former...

08 Mar The Pulse LFT: Scott Oaks Plaza sold for 4.35mm

Posted at 21:28h in Research, The Pulse, The Pulse: Lafayette by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 5501 Cameron St, Scott, LA 70583 Type: Retail Price: $4,350,000 ($61.79 / SF) Buyer: PGP SCOTT OAKS LLC Elifin's Notes: A Tennessee-based company acquires Scott Oaks Plaza, a grocery-anchored shopping center. 4319 Verot School Rd, Youngsville, LA 70592 Type: Retail Price: $3,425,000 (- / SF) Buyer: 4319 VEROT LLC Elifin's Notes: A newly constructed convenience...

08 Mar The Pulse NOLA: St Vincent de Paul property sells

Posted at 21:23h 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 3500 Canal St, New Orleans, LA 70119 Type: Office Price: $2,900,000 ($140.10 / SF) Buyer: MARILLAC COMMUNITY HEALTH CENTERS Elifin's Notes: This two-story office property, occupied by St Vincent de Paul, has individual offices, 10 large rooms for conference/instruction, and 54 covered parking spaces. 2221-2237 N Johnson St, New Orleans,...

08 Mar The Pulse BR: Red Stick Brothers purchase subdivision

Posted at 21:20h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 9215 Cedar Ct, Baton Rouge, LA 70812 Type: Multifamily Price: $3,250,000 ($53,279 / Unit) Buyer: Oakwood by RSB LLC Elifin's Notes: Red Stick Brothers, a rental home owner and management company, purchases the Oakwood Terrace Subdivision, which contains 60-homes and an office/clubhouse. 16791 Plank Rd, Baton Rouge, LA...

02 Mar The Pulse Northshore: Newly constructed industrial property sells for 3.5mm

Posted at 08:33h in Research, The Pulse, The Pulse: Northshore by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of The Northshore. Commercial Sales Recorded Last Week 520 Johnny F Smith Blvd, Slidell, LA 70460 Type: Industrial Price: $3,500,000 ($108.17 / SF) Buyer: 4228 MAIN STREET PROPERTIES LLC Elifin's Notes: A local construction company associated entity purchases a newly constructed industrial property with showroom, office and warehouse space. Lots 11, 12, 14, 16 Hwy 1088, Mandeville, LA...

02 Mar The Pulse LFT: Youngsville Midtown Square sold

Posted at 08:28h in Research, The Pulse, The Pulse: Lafayette by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 327 Iberia St, Youngsville, LA 70592 Type: Retail Price: $1,926,297 ($103.63 / SF) Buyer: IBERIA STREET HOLDINGS LLC Elifin's Notes: The Youngsville Midtown Square commercial center with multiple tenants changes ownership on Iberia Street. 108, 109 Guernsey Lane, Youngsville, LA 70592 Type: Industrial Price: $1,550,000 ($87.02 / SF) Buyer: STELKIN BASEBALL LLC Elifin's Notes: A...