The Pulse

The Pulse NOLA: The Prytania Park Hotel sells to local investor

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 1525 Prytania St Type: Hospitality Price: $2,115,000 ($35,847 / Unit) Buyer: DREAMING TREE INVESTMENTS LLC Elifin's Notes: In one of five transactions, a local investment entity purchases The Prytania Park Hotel, 59-units, in the Lower Garden District 3197 Richland Ave Type: Office Price: $2,050,000 ($179.87 / SF) Buyer: Sanctuary Holdings, LLC Elifin's Notes: Keller...

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The Pulse BR: Latin restaurant entity purchases property on Florida Blvd

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 9445 Greenwell Springs Rd Type: Retail Price: $650,000 ($277.19 / SF) Buyer: GFC Leasing Corp LLC Elifin's Notes: Texas-based buyers purchase former KFC location on Greenwell Springs Rd near the Monterrey Dr intersection. 6989 Florida Blvd Type: Retail Price: $650,000 ($73.55 / SF) Buyer: Los Latinos Amigos Restaurant LLC Elifin's Notes: Latin restaurant entity...

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The Pulse LFT: American Legion Post 69 property sold

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 4906 Ambassador Caffery Pkwy, Bldg I Type: Office Price: $1,621,200 Buyer: CORDOBA LEASING LLC Elifin's Notes: A condominium building within the Cordoba Medical Office Park sells to Cordoba Leasing LLC 2818 Bonin Rd Type: Office Price: $1,094,550 ($280.65 / SF) Buyer: SWAMP EAGLE REAL ESTATE LLC Elifin's Notes: An office sells between Bonin Road and...

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The Pulse NOLA: LeBrane’s Creole purchases their building in Westwego

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 116 Marguerite Rd Type: Multifamily Price: $1,025,000 ($128,125 / Unit) Buyer: JNO ENTERPRISES LLC Elifin's Notes: A multi-family property sells in the Marguerite Place area near the Saints practice facility off of Airline Drive 2282 Saint Claude Ave Type: Land Price: $775,000 ($63.19 / Land SF) Buyer: 2270 MARIGNY LLC Elifin's Notes: A corner...

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The Pulse BR: Southern Roots Outfitters purchases land in Zachary

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week Montegudo Dr at Bob Odom Dr Type: Land Price: $550,000 ($2.51 / Land SF) Buyer: Southern Roots Outfitters LLC Elifin's Notes: Zachary-based Southern Roots Outfitters purchases vacant lots in Zachary. 9830 Florida Blvd Type: Retail Price: $500,000 ($69.29 / SF) Buyer: Big Horn River LLC Elifin's Notes: Local investor purchases...

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The Pulse LFT: Local developer purchases 55 acres in Broussard

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 500 Tolson Rd Type: Land Price: $2,647,175 ($1.09 / Land SF) Buyer: HAMILTON PARC SUBDIVISION LLC Elifin's Notes: Local developer purchases 55+ acres off of Verot School Road near Broussard 1799 Camellia Blvd Type: Land Price: $1,769,488 ($19.68 / Land SF) Buyer: HAMILTON PLANTATION CORPORATION Elifin's Notes: A 2+ acre parcel of land within an...

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The Pulse NOLA: Office and parking lot sold in CBD

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 844 Baronne St Type: Office Price: $1,450,000 ($194.63 / SF) Buyer: 2712 ATHANIA LLC Elifin's Notes: An office building with adjacent parking lot sells in the CBD area 850 Sams Ave Type: Industrial Price: $1,250,000 ($93.31 / SF) Buyer: MICHLER INVESTMENTS LLC Elifin's Notes: An industrial property sells in the Lafreniere Plantation area 1501 Newton...

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The Pulse BR: Walgreens on Highland Road sold for 2.8 million

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 5298 Highland Rd Type: Retail Price: $2,836,364 ($216.52 / SF) Buyer: Cardinal Green Investments LLC Elifin's Notes: Walgreens sells on the corner of Highland Rd and W Lee Dr. 2798 O'Neal Lane, Building B Type: Office Price: $560,000 ($112.00 / SF) Buyer: BP Investment Holdings LLC Elifin's Notes: California-based investors...

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The Pulse LFT: Gardens Office Park unit sells on S Hugh Wallis Rd

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1003 Hugh Wallis Rd S, Unit C Type: Office Price: $354,240 ($135.00 / SF) Buyer: HILLGREEN COMPANY LLC THE Elifin's Notes: An office condominium unit within the Gardens Office Park changes hands along Hugh Wallis Road South 301 Guidry Rd Type: Industrial Price: $190,000 ($39.58 / SF) Buyer: MONTANA LAFAYETTE LLC Elifin's Notes: An industrial...

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The Pulse BR: Behavioral Intervention Group purchases their Siegen Lane clinic

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 8180 Siegen Lane Type: Office Price: $1,475,000 ($81.94 / SF) Buyer: CR Ventures LLC Elifin's Notes: The Behavioral Intervention Group, a learning center, purchases their clinic on Siegen Lane from the Matherne Family. 4065 Florida Blvd Type: Retail Price: $1,116,500 ($58.30 / SF) Buyer: Live Oak Shopping Center LLC Elifin's Notes: The Live Oak...

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