The Pulse

24 Jul The Pulse LFT: Land adjacent to Acadiana Mall sold

Posted at 09:35h 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 5643 Johnston St Type: Land Price: $225,000 ($2.46 / Land SF) Buyer: CLOTEAUX PROPERTIES LLC Elifin's Notes: Local investor purchases 2.1+ acres off of Johnston Street between the Best Buy and the Acadiana Mall Commercial Permits Issued Last Week .tg {border-collapse: collapse;border-color: #ccc;border-spacing: 0;border: 1px solid rgba(0, 0, 0, 0.12);background-color: #fff;width: 100%;} .tg...

24 Jul The Pulse NOLA: Huntington Park apartments sell for 15mm

Posted at 09:28h 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 7019 Crowder Boulevard Type: Multifamily Price: $15,000,000 ($93,750 / Unit) Buyer: Huntington Park 23 LLC Elifin's Notes: Northeastern-based investor purchases the Huntington Park apartments in the Little Woods area 2543 Perdido St Type: Land Price: $2,100,000 ($31.93 / Land SF) Buyer: Perdido St__2543 Elifin's Notes: Investor purchases 1.5+ acres of commercial land with 15,000...

24 Jul The Pulse BR: Multifamily developer purchases 6 acres on Picardy Ave

Posted at 09:22h 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 2X Picardy Ave Type: Land Price: $6,175,000 ($22.15 / Land SF) Buyer: The Heights at Picardy LLC Elifin's Notes: The STOA Group, a Hammond-based multifamily development firm, purchase 6+ acres on Picardy Ave. 11412 Lake Sherwood Ave N Type: Office Price: $710,000 ($151.39 / SF) Buyer: LSABR LLC Elifin's Notes: Creekstone Office Park...

17 Jul The Pulse LFT: The Axis Lafayette apartments on Theater Street sell

Posted at 09:07h 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 200 Theater St Type: Multifamily Price: $10,950,000 ($20,897 / Unit) Buyer: ACADIA BEND LLC Elifin's Notes: The Axis Lafayette, apartment complex, sells to an Alabama-based entity for $10.95 MM near Cajun Field off of Theater Street, named for the once famous Westwood Theater 1921 Kaliste Saloom Rd, Suite 124 Type: Retail Price: $481,000...

17 Jul The Pulse NOLA: Travelodge Hotel in West Harvey sells

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 2200 Westbank Expy Type: Hospitality Price: $4,300,000 ($20,283 / Unit) Buyer: SHREE MAA AMBE LLC Elifin's Notes: Entity purchases the Travelodge Hotel in West Harvey 2231 Peters Rd Type: Industrial Price: $1,100,000 ($31.28 / SF) Buyer: 2231 PETERS ROAD LLC Elifin's Notes: Local industrial business owner purchases an industrial property with warehouse and office...

17 Jul The Pulse BR: The Lodges at 777 on Ben Hur sell

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 777 Ben Hur Road Type: Multifamily Price: $84,400,000 ($220,942 / Unit) Buyer: LMP Baton Rouge Property Owner LLC Elifin's Notes: The Lodges at 777, a 382 unit apartment complex near LSU's campus, sells to Landmark Properties, a Georgia-based multifamily investment firm. 18222 E Petroleum Dr Type: Industrial Price: $3,800,000 ($124.50 / SF) Buyer:...

10 Jul The Pulse LFT: Three more downtown properties sold on Jefferson St

Posted at 09:10h 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 315 S College Rd Type: Office Price: $3,500,000 ($62.38 / SF) Buyer: JCD FAMILY PROPERTY HOLDINGS LLC; BILLET LLC Elifin's Notes: Lafayette investors team up to purchase an office building off of South College Drive 417 Jefferson St Type: Retail Price: $1,158,000 ($116.97 / SF) Buyer: GROUSE ROOM LLC THE Elifin's Notes: Entity purchases restaurant/bar...

10 Jul The Pulse NOLA: Land sells on Elmwood Park for 1mm

Posted at 09:04h 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 1090 Elmwood Park Blvd Type: Land Price: $1,000,000 ($25.51 / Land SF) Buyer: JEFFERSON PARISH EMPLOYEES FEDERAL CREDIT UNION Elifin's Notes: Nearly an acre of vacant commercial land sells in the Elmwood Industrial Park area 1418 Magazine St Type: Mixed-Use Price: $800,000 ($252.05 / SF) Buyer: Midcity Holdings, LLC of LA Elifin's Notes: Mixed...

10 Jul The Pulse BR: 364 acres purchased for new neighborhood

Posted at 08:43h 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 Old Scenic Hwy at Groom Rd Type: Land Price: $2,750,000 ($0.18 / Land SF) Buyer: Trivento Development LLC Elifin's Notes: Developer Arthur Lancaster purchases 364 acres on the corner of Old Scenic Hwy and Groom Rd with plans to develop a residential neighborhood. 12110 Old Hammond Hwy Type: Retail Price: $400,000 ($55.17...

03 Jul The Pulse BR: 8-story office building on Florida Blvd sold

Posted at 09:19h 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 11720 Perkins Rd Type: Land Price: $1,600,000 ($11.62 / Land SF) Buyer: Jonathan Cheplak Elifin's Notes: Nevada-based buyer purchases a commercially zoned lot of 3+ acres on Perkins Rd. 10313 Jefferson Hwy Type: Land Price: $615,000 ($9.35 / Land SF) Buyer: DO Jefferson LLC Elifin's Notes: Local investors purchase 1.5+ acres on Jefferson Hwy. 5835...