The Pulse

29 Aug The Pulse NOLA: 7 Sales plus 3 Million Dollar renovation at Baptist Theological Seminary

Posted at 08:51h 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 2022-2024, 2026, 2030-2032 Baronne St Type: Multifamily Price: $2,275,000 ($175,000 / Unit) Buyer: VERSAI INVESTMENT GROUP LLC Elifin's Notes: Local investment group acquires a 13-unit three building apartment compound, consisting of floorplans with 2BR/2BA, 2BR/1.5BA, 2BR/1BA, and 1BR/1BA, with gated entry and parking and pool on Baronne St in...

29 Aug The Pulse BR: Multiple Geaux Clean Car Wash locations sold to Investors

Posted at 08:44h 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 263 Eddie Robinson Sr Dr Type: Retail Price: $1,300,000 ($181 / SF) Buyer: Ross Gold LLC Elifin's Notes: Desselle Funeral Home owners purchase their facility in downtown Baton Rouge. 10811 Burbank Dr Type: Land Price: $731,803 ($14.00 / Land SF) Buyer: Ngo and Fresina Properties LLC Elifin's Notes: Commercially zoned lot sells on Burbank...

22 Aug The Pulse NOLA: Old Holy Cross Campus Sold plus Benson group buys Bourbon St building

Posted at 07:45h 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 6200 Saint Charles Ave Type: Specialty Price: $1,750,000 ($126 / SF) Buyer: 6200 ST CHARLES LLC Elifin's Notes: Local investors acquire a two-story 13,836 sq ft historic church on St. Charles Avenue, a block off of Audubon Park 3133 Ponce De Leon St Type: Retail Price: $870,590 ($445 / SF) Buyer: MOOSE AND...

22 Aug The Pulse BR: Waffle House Purchases Lot on W Lee Drive

Posted at 07:45h 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 6300 Corporate Blvd Type: Office Price: $6,870,488 ($208 / SF) Buyer: Orion Holdings LLC Elifin's Notes: Orion Laboratories purchases CitiPlace Centre II, a 2 story office building off Corporate Blvd. 9820 Old Hammond Hwy Type: Retail Price: $5,463,000 ($331 / SF) Buyer: Kamakshi Baton Rouge Realty LLC Elifin's Notes: New York-based investor purchases the...

15 Aug The Pulse NOLA: Cypress Trace Apartments and French Quarter Multifamily

Posted at 08:32h 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 819 Saint Peter St Type: Multifamily Price: $1,169,000 ($194,833 / Unit) Buyer: PIVOT EVENTS LLC Elifin's Notes: At the center of the French Quarter, Gretna based group purchases a 6-unit multifamily property, consisting of five studio units and one 1BR/1BA unit 8080 Crowder Blvd Type: Office Price: $465,000 ($90 / SF) Buyer: EXPERT...

15 Aug The Pulse BR: Zachary Shopping Center Sells to Local Investor

Posted at 08:20h 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 20377 Old Scenic Hwy Type: Retail Price: $5,750,000 ($205 / SF) Buyer: Shree Zachary LLC Elifin's Notes: Zachary shopping center sells to local investor. 5131 Essen Lane Type: Office Price: $1,150,000 ($387 / SF) Buyer: HSC 7Brew Baton Rouge LLC Elifin's Notes: Alabama-based developer purchases medical office off Essen Lane across from Our Lady...

08 Aug The Pulse NOLA: 220-Unit Apartment Complex and Magazine Street Restaurant Sold

Posted at 09:48h 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 3221 Behrman Pl Type: Office Price: $1,200,000 ($80,000 / Unit) Buyer: LEGACY COMMERCIAL VENTURES LLC Elifin's Notes: Local investors purchase Algiers office complex with 15 units, totalling 19,560 sq ft 1436 Dante Street Type: Multifamily Price: $960,000 ($192,000 / Unit) Buyer: RJL HOLDINGS LLC Elifin's Notes: Alabama based group purchases 5-unit, three 2BR/1BA and...

08 Aug The Pulse BR: Government Street Rezoning For Mixed Use Development

Posted at 07:22h 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 383 Highlandia Dr Type: Office Price: $3,202,500 ($285 / SF) Buyer: Pinnacle Warehouse LLC Elifin's Notes: Office building with accompanying warehouse and vacant 1.2 acre lot sells on Highlandia Dr. 1600 Lakes Blvd Type: Multifamily Price: $3,045,000 ($145,000 / Unit) Buyer: Lewis Tec VI LLC Elifin's Notes: Local investors, Lanny and Valerie Lewis, purchase...

01 Aug The Pulse NOLA: Emeril Lagasse Purchase and Chickie Wah Wah Music Venue Sold

Posted at 08:42h 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 4021 Cadillac St, 3428501 Buchanan St Type: Healthcare Price: $11,000,000 ($215 / SF) Buyer: ST BERNARD NURSING & REHAB PROPCO LLC Elifin's Notes: Baton Rouge group purchases 51,264 sq ft nursing home facility next to City Park 2739 Tchoupitoulas St Type: Retail Price: $2,225,000 ($365 / SF) Buyer: DALTON SCARLETT BROOKS,...

01 Aug The Pulse BR: Benny’s Car Wash Purchases 12 Acres in Zachary

Posted at 08:36h 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 C-2-B-2-D-1-C Church St Type: Land Price: $2,000,000 ($3.71 / Land SF) Buyer: Benny's Zachary LLC Elifin's Notes: Benny's Car Wash purchases 12+ acres next to the Rouse's Market in Zachary. 505 University Walk Type: Multifamily Price: $1,100,000 ($110,000 / Unit) Buyer: University Walk, LLC Elifin's Notes: Metairie-based investor purchases 10 unit apartment building...