A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 8814 Veterans Memorial Blvd Type: Retail Price: $4,600,000 ($141 / SF) Buyer: LUCKY SEVEN LLC Elifin's Notes: This two-story, 32,740 sq ft, retail center with 14 units in the Westgate area was bought as part of an Anthony Marullo and Bradley Jongbloed investment team purchase of two retail centers...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 14707 Perkins Rd Type: Office Price: $2,100,000 ($250 / SF) Buyer: EJW Properties LLC Elifin's Notes: Local investor purchases Perkins Rd office building on 1.5 acres. 2618 Wooddale Blvd Type: Office Price: $1,128,750 ($8 / SF) Buyer: 1008 Jourdan SPE LLC Elifin's Notes: Natchitoches-based buyer purchases Windsor Court Office Plaza near the corner of...
A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 1401 W Esplanade Ave Type: Retail Price: $10,000,000 ($14 / SF) Buyer: PACIFICA KENNER LLC Elifin's Notes: Illinois-based developer purchases the Esplanade Mall property in Kenner 3216 W Esplanade Ave Type: Retail Price: $2,350,000 ($143 / SF) Buyer: LUCKY SEVEN LLC Elifin's Notes: The 16,380 sq ft, 16-unit, Petite Esplanade Shopping Center was bought...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 9516 Airline Hwy Type: Office Price: $4,780,000 ($66 / SF) Buyer: HIV/Aids Alliance for Region Two (HAART), Inc Elifin's Notes: HAART Inc, a local HIV/AIDS healthcare organization, purchase former Farm Bureau headquarters on Airline Hwy. 3849 Plaza Tower Dr Type: Portfolio Price: $435,000 ($73 / SF) Buyer: Meridian MVC Pathway Baton Rouge LLC Elifin's...
A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 1060 Magazine St Type: Retail Price: $2,138,000 ($143 / SF) Buyer: NATIONAL WORLD WAR II MUSEUM INC Elifin's Notes: The World War II Museum purchases a 15,000 sq foot multi-use warehouse space along Magazine Street in the Warehouse District 2600-2602 Chartres St, 535 Franklin Ave Type: Retail Price: $1,150,000 ($259 / SF) Buyer:...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 3401 Oak Villa Blvd Type: Industrial Price: $3,960,245 ($63 / SF) Buyer: OVGS LLC Elifin's Notes: Local investor purchases former Albertsons location on the corner of Oak Villa Blvd and Greenwell Springs Rd. 12240 S Harrells Ferry Type: Land Price: $1,500,000 ($10.22 / Land SF) Buyer: Wilson Family LLC Elifin's Notes: New Orleans-based investors...
A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 28 W 27th St Type: Industrial Price: $414,000 ($77 / SF) Buyer: Panayas J Dikeou as trustee of the PM Trust Elifin's Notes: Colorado-based investors purchase a 5,400 sq ft industrial space in the Crestview Office & Industrial Park area 1215 Truxton St Type: Multifamily Price: Withheld Buyer: TRUXTON LLC Elifin's Notes: Harvey-based investors...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 402 Laurel St Type: Office Price: $4,777,778 ($216 / Building SF) Buyer: Placid Refining Company LLC Elifin's Notes: Placid Refining Company purchases downtown office building and nearby parking lot. 8729 Granite Dr Type: Portfolio Price: $3,000,000 ($68,182 / Unit) Buyer: JSR1 LLC Elifin's Notes: Local architect and real estate investor, Steven Romero, purchases 11...
A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 1000 Howard Ave Type: Mixed-Use Price: $8,300,000 ($98 / SF) Buyer: 1000 HOWARD LLC Elifin's Notes: Lafayette-based investors purchase the 1000 Howard Building, 12 stories, plus basement, comprising 84,466 sq ft in office space. 4717 Airline Dr Type: Retail Price: $2,105,000 ($356 / SF) Buyer: CARONNA DEVELOPMENT LLC Elifin's Notes: Local investors purchase an...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 10049 N Reiger Rd Type: Industrial Price: $5,200,000 ($108 / SF) Buyer: F2MV LLC Elifin's Notes: M & L Industries purchase industrial Reiger Rd property for their new Baton Rouge location. Lafayette St Type: Land Price: $525,000 ($70.23 / Land SF) Buyer: TJ Farms LLC Elifin's Notes: Attorney Tony Clayton of Clayton, Fruge, &...