The Pulse

19 Jun The Pulse LFT: Old Navy building at Acadiana Mall sold

Posted at 08:22h 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 119 Tucker Dr Type: Retail Price: $3,000,000 ($140.35 / SF) Buyer: ASIAN GROCERY STORE CO Elifin's Notes: Asian Grocery Store Company purchases the Old Navy property located on the Ambassador Caffery-side of the Mall of Acadiana 106 Oil Patch Rd Type: Industrial Price: $1,310,290 ($112.66 / SF) Buyer: DAP VENTURES LLC Elifin's Notes: A newly...

12 Jun The Pulse NOLA: 124 Acres in Bridge City sold

Posted at 09:06h 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 500 Seven Oaks Blvd Type: Mixed-Use Price: $3,000,000 ($152.28 / SF) Buyer: SEVEN OAKS INVESTMENTS LLC Elifin's Notes: Eddie Hamdan-led entity purchases a total of 124+ acres with a industrial building and facility on 10 acres of the site in the Bridgeview Park area of Bridge City 1621 L and...

12 Jun The Pulse LFT: City of Scott purchases 21 acres

Posted at 09:05h 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 2807 Bonin Rd Type: Land Price: $1,943,680 ($3.67 / Land SF) Buyer: BONIN DEVELOPMENT LLC Elifin's Notes: Lafayette based entity purchases a 12+ acre parcel of land, a portion of a larger pre-existing parcel, on Bonin Road in Youngsville 605 Mills St Type: Land Price: $835,000 ($0.89 / Land SF) Buyer: SCOTT CITY OF Elifin's...

12 Jun The Pulse BR: TJ Ribs on Siegen sells for 2.5mm

Posted at 08:59h 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 6330 Siegen Lane Type: Retail Price: $2,500,000 ($353.01 / SF) Buyer: SDP LA Baton Rouge 1 LLC Elifin's Notes: TJ Ribs sells its Siegen Lane location to Streamline Development Partners, an Oxford-based retail investment firm. 13435 Hooper Rd Type: Retail Price: $924,000 ($367.40 / SF) Buyer: Harlakh LLC Elifin's Notes: Local investor purchases former...

05 Jun The Pulse LFT: Former Royal Panda on W Pinhook Rd sells

Posted at 09:20h 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 2418 W Pinhook Rd Type: Retail Price: $1,200,000 ($185.47 / SF) Buyer: DOUBLE LIN REALTY LLC Elifin's Notes: Former Royal Panda restaurant property sells near the intersection of Verot School Road and West Pinhook Road 340 Griffin Rd Type: Land Price: $1,030,000 ($0.83 / Land SF) Buyer: OVERTON HOMES LLC Elifin's Notes: Local entity purchases...

05 Jun The Pulse NOLA: 274 Unit Oakmont of Algiers sell

Posted at 08:36h 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 2200 Westbend Pkwy Type: Multifamily Price: $4,500,000 ($16,423 / Unit) Buyer: ZURQUI LLC Elifin's Notes: As one of three sales this week as a result of the same bankruptcy proceeding, Baton Rouge-based investors purchase the Oakmont of Algiers apartment complex in the Behrman area 1445 Lapalco Blvd Type: Land Price: $3,500,000 ($9.17...

05 Jun The Pulse BR: Settlement at Shoe Creek tract sells for 1.75mm

Posted at 08:34h 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 Tract A Sullivan Rd Type: Land Price: $1,750,000 ($158.33 / Land SF) Buyer: Central/Won LLC Elifin's Notes: Unit A of the Settlement at Shoe Creek development sells to Houston-based real estate investor. 751 W Lee Dr Type: Land Price: $1,012,000 ($20.03 / Land SF) Buyer: Benny's Lee LLC Elifin's Notes: Benny's Carwash purchases vacant...

29 May The Pulse NOLA: New Medical office sells for 2.8mm

Posted at 08:26h 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 2405 Sanctuary Dr Type: Specialty Price: $2,800,000 Buyer: NEW ORLEANS MILITARY AND MARITIME ACADEMY INC Elifin's Notes: The Algiers Development District sells to the New Orleans Military and Maritime Academy its' own campus and additional property in the Whitney area of Algiers 2558 Barataria Blvd Type: Office Price: $2,388,039 Buyer: FCPT HOLDINGS LLC Elifin's...

29 May The Pulse LFT: Multi-tenant retail building sold for 710k

Posted at 07:59h 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 2801 Kaliste Saloom Rd Type: Retail Price: $710,000 ($69.34 / SF) Buyer: J&A COMMERCIAL HOLDINGS LLC Elifin's Notes: Local investors purchase a multiple unit retail property at the corner of Kaliste Saloom Road and Kensington Drive 1921 Kaliste Saloom Rd Unit 203B Type: Office Price: $600,000 ($253.06 / SF) Buyer: FONTENOT WEALTH GROUP LLC Elifin's...

29 May The Pulse BR: Range USA off Millerville sold

Posted at 07:56h 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 13505 Millerville Greens Blvd Type: Retail Price: $4,610,628 ($317.97 / SF) Buyer: Miller Hunt LLC Elifin's Notes: Range USA, a gun shop and gun range off Millerville, sells to an Illinois-based buyer. 12222 Florida Blvd Type: Retail Price: $1,076,821 ($147.51 / SF) Buyer: Agree Stores LLC Elifin's Notes: Advanced Auto...