The Pulse

The Pulse LFT: Lourdes purchases office building

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 5000 Ambassador Caffery Pkwy (Bldg 1), Lafayette, LA 70508 Type: Office Price: $4,265,000 ($346.75 / SF) Buyer: OUR LADY OF LOURDES REGIONAL MEDICAL CENTER INC Elifin's Notes: Lourdes purchases an office condo property across from their Hospital on Ambassador Caffery Parkway. 129 Banks Ave, Lafayette, LA 70506 Type: Industrial Price: $2,650,000 ($134.56 /...

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The Pulse NOLA: Warehouse District building sold for 2mm

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 762 St Charles Ave, New Orleans, LA 70130 Type: Retail Price: $2,000,000 ($278.24 / SF) Buyer: ALPHADIA752 LLC Elifin's Notes: A two-story commercial property with street-level retail space sells in the Warehouse District. 2220 Lakeshore Dr, New Orleans, LA 70122 Type: Specialty Price: $795,000 ($104.11 / SF) Buyer: GREATER NEW ORLEANS CHINESE CHRISTIAN...

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The Pulse BR: Retail strip in Zachary changes hands

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 2375 Wooddale Blvd, Baton Rouge, LA 70806 Type: Industrial Price: $415,000 ($19.95 / SF) Buyer: Land & Home Solutions of America, LLC Elifin's Notes: An industrial warehouse property sells on Wooddale Boulevard. 10735 Cherryhill Ave, Baton Rouge, LA 70816 Type: Industrial Price: $162,500 ($45.68 / SF) Buyer:...

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The Pulse LFT: Two gas stations sell on Rue De Belier

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 234 Duhon Rd, Lafayette, LA 70506 Type: Retail Price: $3,500,000 ($792.57 / SF) Buyer: SINGH55 LLC Elifin's Notes: A convenience store/gas station property changes ownership at the corner of Duhon Road and Rue De Belier. 485 Ridge Rd, Lafayette, LA 70506 Type: Retail Price: $2,050,000 ($716.03 / SF) Buyer: SINGH53 LLC Elifin's Notes: A convenience...

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The Pulse NOLA: Chateau Cleary apartment complex sells

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 3900 S I-10 Service Road W, Metairie, LA 70001 Type: Multifamily Price: $5,720,000 ($55,000 / Unit) Buyer: CYPRESS CLEARY LLC Elifin's Notes: The Chateau Cleary apartment complex with 104 units changes hands on South I-10 Service Road West. 1700 Promenade Blvd, Marrero, LA 70072 Type: Retail Price: $3,162,100 ($79.65 / SF) Buyer: 1700...

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The Pulse BR: LA Community & Technical College System acquires land

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 9901 Gwenadele Ave, Baton Rouge, LA 70816 Type: Hospitality Price: $1,575,000 ($9,265 / Unit) Buyer: Titan General Contractors, LLC Elifin's Notes: A 170-room motel sells on Gwenadele Avenue. 2980 O'Neal Lane, Baton Rouge, LA 70816 Type: Retail Price: $1,300,000 ($464.29 / SF) Buyer: Sercovich Fuel Center No...

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The Pulse LFT: First Baptist Church acquires downtown parking lot

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 214 Cummings Rd, Broussard, LA 70518 Type: Industrial Price: $1,500,000 ($115.38 / SF) Buyer: 214 CUMMINGS HOLDINGS LLC Elifin's Notes: A newly constructed industrial property, not pictured, sells on Cummings Road in Broussard. 205 E Angus Dr, Youngsville, LA 70592 Type: Industrial Price: $554,000 ($86.56 / SF) Buyer: WJS YOUNGSVILLE LLC Elifin's Notes: WJS Youngsville...

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The Pulse NOLA: CVS property sells for 3.9mm in Metairie

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 2105 Cleary Ave, Metairie, LA 70001 Type: Retail Price: $3,925,000 ($286.50 / SF) Buyer: AGREE CENTRAL LLC Elifin's Notes: Agree Central LLC, a Michigan-based company acquires a CVS pharmacy property at the corner of Cleary Avenue and West Napoleon Avenue. 1521 Dickory Ave, Harahan, LA 70123 Type: Industrial Price: $933,120 ($106.34 /...

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The Pulse BR: Waffle House purchases land in Prairieville

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 4208 Bluebonnet Blvd (Bldg C), Baton Rouge, LA 70809 Type: Office Price: $1,300,000 ($216.67 / SF) Buyer: B&E Properties LLC Elifin's Notes: An office building sells within the Bluebonnet Palms Office Park. 11954 Coursey Blvd, Baton Rouge, LA 70816 Type: Retail Price: $520,000 ($89.66 / SF) Buyer:...

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The Pulse NOLA: Entergy purchases 23 acres in Westwego

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 3601 Bender Blvd, New Orleans, LA 70114 Type: Multifamily Price: $3,100,000 ($38,750 / Unit) Buyer: OAK VILLA HOUSING 1 LLC Elifin's Notes: The Oak Villa Apartments, an 80-unit affordable senior living community, sells for 3.1MM. 234 Harbor Cir, New Orleans, LA 70126 Type: Industrial Price: $1,050,000 ($53.85 / SF) Buyer: KB LAND HOLDINGS...

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