The Pulse

The Pulse BR: Hampton Inn on Consititution sells to Lafayette company

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 1721 Louisiana 30 West, Gonzales, LA 70737 Type: Land Price: $875,000 ($12.17 / Land SF) Buyer: Jase Enterprises LLC Elifin's Notes: Investors purchase a 1+ acre parcel of commercial land along LA Hwy 30 in Gonzales. 11062 Cloverland Dr, Baton Rouge, LA 70809 Type: Industrial Price: $635,000 ($84.67 / SF) Buyer:...

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The Pulse LFT: 75-Unit Acadiana Mini-Storage Facility sells

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 100BLK Gatehouse Drive, Carencro, LA 70520 Type: Land Price: $310,000 ($0.59 / Land SF) Buyer: CARENCRO RENTALS LLC Elifin's Notes: Local entity purchases 11+ acres of vacant land near I-49 in Carencro 304 Fairlane Dr, Lafayette, LA 70507 Type: Industrial Price: $285,000 ($77.74 / SF) Buyer: EMERGED INVESTMENTS LLC Elifin's Notes: Local investor purchases an...

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The Pulse NOLA: Local company purchases Elmwood properties for 1.5mm

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 1521 Kuebel Street, Elmwood, LA 70123 Type: Industrial Price: $1,549,153 ($94.46 / SF) Buyer: GALVANIZED RE LLC Elifin's Notes: Local company purchases two industrial buildings within the Elmwood Business Park 6135 Bellaire Drive, New Orleans, LA 70124 Type: Multifamily Price: $1,325,000 ($132,500 / Unit) Buyer: Liang Meng; Liang Yin Elifin's Notes: A pair of...

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The Pulse LFT: “The Point” property at the corner of Simcoe and Surrey sells

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 101 Oil Patch Road, Broussard, LA 70518 Type: Industrial Price: $1,520,000 ($126.67 / SF) Buyer: BAYCO HOLDINGS LLC Elifin's Notes: An under construction industrial building, which will have 2,746 sq ft of office space and 9,254 sq ft of warehouse space, sells within the Garber Industrial Park in Broussard 900 East...

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The Pulse NOLA: French Quarter property sold for 1.17 million

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 1224 Decatur Street, New Orleans, LA 70116 Type: Mixed-Use Price: $1,175,000 ($229.99 / SF) Buyer: HANQI INVESTMENTS LLC Elifin's Notes: Gretna-based investors purchase a mixed-use property on Decatur in the French Quarter 5501 Crowder Boulevard, New Orleans, LA 70127 Type: Retail Price: $975,000 ($69.10 / SF) Buyer: MJM CROWDER INVESTMENTS LLC Elifin's Notes: Former...

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The Pulse BR: Local investor purchases 28 homes

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 3445 Bluebonnet Boulevard, Baton Rouge, LA 70809 Type: Land Price: $1,800,000 ($11.67 / Land SF) Buyer: Ujjagar Investment LLC Elifin's Notes: Local investor purchases vacant lot off Bluebonnet Blvd near the Celtic Dr intersection. 2718 S Ruby Ave, Gonzales, LA 70737 Type: Industrial Price: $1,360,000 ($116.51 / SF) Buyer: COLEMAN ROOFING...

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The Pulse LFT: First Baptist Church purchases building downtown

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 810 S Buchanan St, Lafayette, LA 70501 Type: Office Price: $2,697,500 ($174.03 / SF) Buyer: FIRST BAPTIST CHURCH OF LAFAYETTE LOUISIANA INC THE Elifin's Notes: The First Baptist Church of Lafayette Louisiana purchases the office building along with the 0.4+ acre parking lot at the corner of South Buchanan and...

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The Pulse NOLA: Harvey investor purchases two hotels in the Warehouse District

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 301A Funston St, New Orleans, LA 70123 Type: Industrial Price: $800,000 ($103.36 / SF) Buyer: ELEMENTAL STYLE&STRUCTURE LLC Elifin's Notes: An industrial flex warehouse space sells in Elmwood 13 24th St, Kenner, LA 70062 Type: Industrial Price: $565,000 ($99.12 / SF) Buyer: 13 W 24TH LLC Elifin's Notes: An industrial property along with adjacent...

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The Pulse BR: Retail Center sells near Highland at Lee

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 9250 Wilbur St, Baton Rouge, LA 70807 Type: Industrial Price: $1,218,290 ($62.16 / SF) Buyer: FNLR Non-Friction LLC Elifin's Notes: California-based buyers purchase large industrial facility and vacant lot on the corner of Wilbur St and Rosenwald Rd. 162 Lee Dr, Baton Rouge, LA 70808 Type: Retail Price:...

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The Pulse LFT: Connoly Park strip center sells for 4.65mm in Carencro

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 107 Hector Connoly Rd, Carencro, LA 70520 Type: Retail Price: $4,650,000 ($181.64 / SF) Buyer: SAI SRK CREATIONS LLC Elifin's Notes: A multi-tenant retail strip center, Connoly Park, sells in Carencro 130 N Bernard Rd, Broussard, LA 70518 Type: Industrial Price: $1,295,331 ($80.96 / SF) Buyer: FNLR NON FRICTION LLC Elifin's Notes: FNLR Non Friction...

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