The Pulse

06 Nov The Pulse BR: 52 Unit hotel off S Sherwood Forest Blvd sells

Posted at 09:04h 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 11255 Boardwalk Dr Type: Hospitality Price: $1,300,000 ($25,000 / Unit) Buyer: Baton Rouge Boardwalk Hospitality Inc Elifin's Notes: The Baymont by Wyndham Baton Rouge, a 52 unit hotel off S Sherwood Forest Blvd, sells. 6565 Morgan Rd Type: Specialty Price: $558,110 ($42.93 / SF) Buyer: Properties by KC LLC Elifin's Notes: Former church campus...

30 Oct The Pulse BR: Wayne Stablier purchases property near Amazon

Posted at 09:47h 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 1655 N Airway Dr Type: Industrial Price: $800,000 ($68.97 / SF) Buyer: Catering Cajun Properties LLC Elifin's Notes: Wayne Stablier purchases industrial property on N Airway Dr. 234 Richland Ave Type: Multifamily Price: $790,000 ($79,000 / Unit) Buyer: Midcity Acquisition Group LLC Elifin's Notes: Local investors purchase a 10-unit apartment building in Mid City. 6721...

30 Oct The Pulse NOLA: The Madison Garden Apartments sell in Metairie

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 221 N Laurel St Type: Multifamily Price: $5,750,000 ($97,458 / Unit) Buyer: MADISON GARDENS ESTATES LLC Elifin's Notes: A New York-based investor purchases the 59-unit Madison Garden Apartments in Metairie 1101 Veterans Memorial Blvd Type: Retail Price: $1,200,000 ($600.00 / SF) Buyer: KMHSHELL LLC Elifin's Notes: Lulling-based investors purchase a Shell gas station in...

30 Oct The Pulse LFT: 3.77 Acres sell in the Primeaux Business Park of Carencro

Posted at 09:36h 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 6209 Cameron St Type: Self Storage Price: $2,750,000 ($32,353 / Unit) Buyer: ACADIANA COASTAL HOLDINGS LLC Elifin's Notes: The Short's RV & Boat Storage property in Scott sells to a trio of local investors 100 Schambo Ln Type: Land Price: $400,000 ($2.44 / Land SF) Buyer: JHDTLC LLC Elifin's Notes: A Texas-based entity, made up...

23 Oct The Pulse NOLA: Pair of industrial properties sell for 1mm

Posted at 08:58h 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 2432 Dawson St Type: Industrial Price: $1,075,000 ($113.06 / SF) Buyer: WAREHOUSE DISTRICT LLC Elifin's Notes: A pair of industrial properties sell within the Bainbridge Office & Industrial Park 4836 W Esplanade Ave Type: Specialty Price: $486,000 ($93.46 / SF) Buyer: IGLESIA CRISTIANA FILADELFIA Elifin's Notes: Iglesia Cristiana Filadelfia purchases the religious facility located...

23 Oct The Pulse BR: Hotel on Harding Blvd sells for 3.7mm

Posted at 08:57h 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 3444 Harding Blvd Type: Hospitality Price: $3,700,000 ($47,436 / Unit) Buyer: Maruti Hotel LLC Elifin's Notes: Microtel Inn & Suites, a 78-unit hotel, sells at the corner of Howell Blvd and Harding Rd. 7077 S Choctaw Dr Type: Industrial Price: $2,851,983 ($38.03 / SF) Buyer: Ryan Jumonville Elifin's Notes: Destin-based investor purchases facility on...

23 Oct The Pulse LFT: Large industrial property sells for 2mm

Posted at 08:56h 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 401 Apollo Rd Type: Industrial Price: $2,000,000 ($24.54 / SF) Buyer: RANDOLPH MCCORMICK REALTY INC Elifin's Notes: An 81,000+ sq ft, industrial property sells along Apollo Road in Scott 700 E Milton Ave Type: Land Price: $525,000 ($1.16 / Land SF) Buyer: ALLIES DEVELOPMENT & CONSULTING LLC Elifin's Notes: A pair of local individuals purchase...

16 Oct The Pulse BR: Central shopping center sells for 2.6mm

Posted at 08:47h 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 14790 Wax Rd Type: Retail Price: $2,600,000 ($135.42 / SF) Buyer: Wax Pointe LLC Elifin's Notes: Local investor purchases shopping center in Central anchored on both ends by Las Palmas and Johnny's Pizza. 5215 Perkins Rd Type: Retail Price: $1,628,000 ($266.89 / SF) Buyer: Shore Capital Real Estate Partners Holdco LLC Elifin's Notes: Perkins...

16 Oct The Pulse NOLA: Burlington Coat Factory property sells for 13mm in Metairie

Posted at 08:46h 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 2840 Veterans Memorial Blvd Type: Retail Price: $13,078,000 ($328.59 / SF) Buyer: AGREE CENTRAL LLC Elifin's Notes: A Michigan-based entity purchases the former Burlington Coat Factory property in Metairie 251 Barry Ave Type: Multifamily Price: $2,550,000 ($79,688 / Unit) Buyer: BARCELLONA REALTY LLC Elifin's Notes: The Riverside Commons, a 32-unit multifamily apartment complex in...

16 Oct The Pulse LFT: Celebrity Theatres in Broussard sold to local entity

Posted at 08:44h 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 104 Tas St Type: Industrial Price: $1,000,000 ($114.36 / SF) Buyer: PITRE REAL ESTATE LLC Elifin's Notes: An industrial property sells in Scott 969 Coolidge Blvd Type: Office Price: $675,000 ($110.66 / SF) Buyer: EMB INVESTMENTS LLC Elifin's Notes: A group of lawyers join together to purchase an office building previously occupied by the The...