The Pulse

10 Apr The Pulse BR: The Sterling apartments on Highland sell for 15mm

Posted at 09:28h 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 Two Weeks 4500 Burbank Dr Type: Multifamily Price: $21,750,000 ($113,281 / Unit) Buyer: HPI Oliver LLC Elifin's Notes: Hamilton Point Investments, a Connecticut-based real estate investment firm, purchases the Oliver Apartments, a 192 unit student housing apartment complex near LSU. 3135 Highland Rd Type: Multifamily Price: $15,000,000 ($153,061 / Unit) Buyer: Tailwind Baton Rouge...

03 Apr The Pulse LFT: Commercial real estate sales from last week

Posted at 11:34h 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 1717 Eraste Landry Rd Type: Multifamily Price: $3,800,000 ($34,862 / Unit) Buyer: STANLEY LAFAYETTE OAKS LLC Elifin's Notes: Local investment group purchases the Oak Park Estates mobile home park in the Oak Park Estates area 111 Wallace Broussard Rd Type: Retail Price: $3,000,000 (- / SF) Buyer: CADET 23 LLC Elifin's Notes: Delaware-registered entity acquires...

03 Apr The Pulse BR: Proposed 20-acre mixed use development off Highland Rd

Posted at 10:18h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Upcoming Planning Commission Cases The Village at Magnolia Woods Submitted 3/3/23 by Matt Estopinal. Proposed rezone from Single Family Residential (A1) to Planned Unit Development (PUD) for a proposed mixed use development with low and medium density residential and commercial/office uses on property located on the north side of Highland...

03 Apr The Pulse NOLA: IHOP in Harvey area sells for 1.5mm

Posted at 09:43h 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 735 Elysian Fields Ave Type: Retail Price: $1,660,000 ($370 / SF) Buyer: MDC ASSOCIATES L L C Elifin's Notes: Local investor purchases retail property along Elysian Fields Avenue in the Marigny. 1719 Manhattan Blvd Type: Retail Price: $1,550,000 ($316 / SF) Buyer: MANHATTAN PLACE IHOP LLC Elifin's Notes: Hamdan Sons Investments LLC purchases a...

27 Mar The Pulse NOLA: Famous Uptown Pascal’s Manale Restaurant sells

Posted at 09:06h 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 15200 Chef Menteur Hwy Type: Retail Price: $1,685,000 ($210 / SF) Buyer: TEJANI HOLDINGS LOUISIANA LLC Elifin's Notes: Vinton, Louisiana-based investors purchase a two building property home to the former Jubilee Casino and a separate building with a Truck Stop/Gas Station/Restaurant in the Venetian Isles area 201 N Wilson St Type:...

27 Mar The Pulse BR: California Firm purchases Dollar General on S Flannery

Posted at 09:02h 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 13796 Perkins Rd Type: Retail Price: $2,600,000 ($788 / SF) Buyer: Big Boss Perkins LLC Elifin's Notes: Perkins Rd Circle K sells to local investor. 3135 Nicholson Dr Type: Retail Price: $2,500,000 ($427 / SF) Buyer: Big Boss Nicholson LLC Elifin's Notes: Convenience store sells near the north gates of LSU. 135 S Flannery Rd Type:...

20 Mar The Pulse NOLA: Magazine Street retail building sells for 1mm

Posted at 09:27h 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 4011 Magazine St Type: Retail Price: $1,000,000 ($513 / SF) Buyer: FORTY ELEVEN LLC Elifin's Notes: Local purchasers acquire a two-story retail building in the Touro area along Magazine Street 819, 821, 823 N Broad St Type: Retail Price: $750,000 ($135 / SF) Buyer: BROAD VENTURES LLC Elifin's Notes: Local investment group purchases a...

20 Mar The Pulse BR: Sherwood Pointe shopping center sells

Posted at 09:23h 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 7323 Tom Dr Type: Industrial Price: $2,610,000 ($75 / SF) Buyer: JM Test RE Acquisition LLC Elifin's Notes: Kanbrick, a Chicago-based business investment firm, purchase JM Test Systems' facility on Tom Dr as part of their purchase of the company. 6120 Perkins Rd Type: Office Price: $2,000,000 ($147 / SF) Buyer: Glo Resources...

13 Mar The Pulse NOLA: Your Weekly Sales plus Elifin named Company of Year by Business Report

Posted at 08:41h in Research, The Pulse, The Pulse: New Orleans by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of New Orleans. Business Report names ELIFIN® Company of The Year Commercial Sales Recorded Last Week 608 Farmington Pl, 1960 Daniels Rd Type: Multifamily Price: $13,044,231 ($42,909 / Unit) Buyer: TERRYTOWN RESIDENCES LLC Elifin's Notes: Local investor Imad Hamdan purchases the Louisburg Square Apartments, 304 units with 1BR/1BA, 2BR/1BA, and 3BR/2BA configurations, in the Terrytown/Gretna area 1801 Hector Street,...

13 Mar The Pulse BR: Your Weekly Sales plus Elifin named Company of Year by Business Report

Posted at 08:39h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Business Report names ELIFIN® Company of The Year Commercial Sales Recorded Last Week 13533 Hooper Rd Type: Retail Price: $975,000 ($20 / SF) Buyer: FIDC 131 LLC Elifin's Notes: Former Lancaster House location in Central sells to Ohio-based Cocca Development. 15100 Market St Type: Retail Price: $590,000 ($94 / SF) Buyer: KKD Holdings LTD LLC Elifin's Notes: Clint's Garage owner...