The Pulse

26 Jun The Pulse LFT: The Shops at Martial retail center sells

Posted at 08:51h 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 2207 Kaliste Saloom Rd Type: Retail Price: $7,400,000 ($257.84 / SF) Buyer: RBG NAVARRE HOLDINGS LLC Elifin's Notes: Lake Charles-based entity, led by auto dealership owner, purchases The Shops at Martial retail center at the corner of East Martial Avenue and Kaliste Saloom Road 2810 Chemin Metairie Pkwy Type: Retail Price: $1,150,000 ($287.50...

26 Jun The Pulse BR: The Armstrong Apartments on Burbank sell

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 4600 Burbank Drive Type: Multifamily Price: $6,000,000 ($44,776 / Unit) Buyer: Louisiana Baton Rouge LLC Elifin's Notes: Aspen Square Management, a Massachusetts-based real estate investment and property management firm, purchase the Armstrong Apartments, a 134 unit complex on Burbank Dr. 14221 Airline Hwy Type: Land Price: $849,000 ($43.99 / Land SF) Buyer: T&S...

19 Jun The Pulse BR: Religious facility in Mid City Sold

Posted at 08:22h 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 3134 Hundred Oaks Ave Type: Specialty Price: $2,400,000 ($109.09 / SF) Buyer: Brothers of the Sacred Heart of New Orleans Inc Elifin's Notes: The Brothers of the Sacred Heart purchases religious facility just off of S Acadian Thwy. 3617 S Sherwood Forest Blvd Type: Retail Price: $625,000 ($161.25 / SF) Buyer: SS Brothers...

19 Jun The Pulse NOLA: Palmetto Apartments sold for 6.4mm

Posted at 08:22h 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 3801 Joliet St Type: Multifamily Price: $6,432,000 ($51,871 / Unit) Buyer: Palmetto Apartments LLC Elifin's Notes: A Hamdan Sons Investments led entity purchases a large multifamily property in the Dixon area 1407 S Carrollton Ave Type: Office Price: $1,340,000 ($177.41 / SF) Buyer: ALI II LLC Elifin's Notes: Office property sells in the East...

19 Jun The Pulse LFT: Old Navy building at Acadiana Mall sold

Posted at 08:22h 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 119 Tucker Dr Type: Retail Price: $3,000,000 ($140.35 / SF) Buyer: ASIAN GROCERY STORE CO Elifin's Notes: Asian Grocery Store Company purchases the Old Navy property located on the Ambassador Caffery-side of the Mall of Acadiana 106 Oil Patch Rd Type: Industrial Price: $1,310,290 ($112.66 / SF) Buyer: DAP VENTURES LLC Elifin's Notes: A newly...

12 Jun The Pulse NOLA: 124 Acres in Bridge City sold

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 500 Seven Oaks Blvd Type: Mixed-Use Price: $3,000,000 ($152.28 / SF) Buyer: SEVEN OAKS INVESTMENTS LLC Elifin's Notes: Eddie Hamdan-led entity purchases a total of 124+ acres with a industrial building and facility on 10 acres of the site in the Bridgeview Park area of Bridge City 1621 L and...

12 Jun The Pulse LFT: City of Scott purchases 21 acres

Posted at 09:05h 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 2807 Bonin Rd Type: Land Price: $1,943,680 ($3.67 / Land SF) Buyer: BONIN DEVELOPMENT LLC Elifin's Notes: Lafayette based entity purchases a 12+ acre parcel of land, a portion of a larger pre-existing parcel, on Bonin Road in Youngsville 605 Mills St Type: Land Price: $835,000 ($0.89 / Land SF) Buyer: SCOTT CITY OF Elifin's...

12 Jun The Pulse BR: TJ Ribs on Siegen sells for 2.5mm

Posted at 08:59h 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 6330 Siegen Lane Type: Retail Price: $2,500,000 ($353.01 / SF) Buyer: SDP LA Baton Rouge 1 LLC Elifin's Notes: TJ Ribs sells its Siegen Lane location to Streamline Development Partners, an Oxford-based retail investment firm. 13435 Hooper Rd Type: Retail Price: $924,000 ($367.40 / SF) Buyer: Harlakh LLC Elifin's Notes: Local investor purchases former...

05 Jun The Pulse LFT: Former Royal Panda on W Pinhook Rd sells

Posted at 09:20h 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 2418 W Pinhook Rd Type: Retail Price: $1,200,000 ($185.47 / SF) Buyer: DOUBLE LIN REALTY LLC Elifin's Notes: Former Royal Panda restaurant property sells near the intersection of Verot School Road and West Pinhook Road 340 Griffin Rd Type: Land Price: $1,030,000 ($0.83 / Land SF) Buyer: OVERTON HOMES LLC Elifin's Notes: Local entity purchases...

05 Jun The Pulse NOLA: 274 Unit Oakmont of Algiers sell

Posted at 08:36h 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 Westbend Pkwy Type: Multifamily Price: $4,500,000 ($16,423 / Unit) Buyer: ZURQUI LLC Elifin's Notes: As one of three sales this week as a result of the same bankruptcy proceeding, Baton Rouge-based investors purchase the Oakmont of Algiers apartment complex in the Behrman area 1445 Lapalco Blvd Type: Land Price: $3,500,000 ($9.17...