The Pulse

10 Jul The Pulse NOLA: Land sells on Elmwood Park for 1mm

Posted at 09:04h 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 1090 Elmwood Park Blvd Type: Land Price: $1,000,000 ($25.51 / Land SF) Buyer: JEFFERSON PARISH EMPLOYEES FEDERAL CREDIT UNION Elifin's Notes: Nearly an acre of vacant commercial land sells in the Elmwood Industrial Park area 1418 Magazine St Type: Mixed-Use Price: $800,000 ($252.05 / SF) Buyer: Midcity Holdings, LLC of LA Elifin's Notes: Mixed...

10 Jul The Pulse BR: 364 acres purchased for new neighborhood

Posted at 08:43h 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 Old Scenic Hwy at Groom Rd Type: Land Price: $2,750,000 ($0.18 / Land SF) Buyer: Trivento Development LLC Elifin's Notes: Developer Arthur Lancaster purchases 364 acres on the corner of Old Scenic Hwy and Groom Rd with plans to develop a residential neighborhood. 12110 Old Hammond Hwy Type: Retail Price: $400,000 ($55.17...

03 Jul The Pulse BR: 8-story office building on Florida Blvd sold

Posted at 09:19h 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 11720 Perkins Rd Type: Land Price: $1,600,000 ($11.62 / Land SF) Buyer: Jonathan Cheplak Elifin's Notes: Nevada-based buyer purchases a commercially zoned lot of 3+ acres on Perkins Rd. 10313 Jefferson Hwy Type: Land Price: $615,000 ($9.35 / Land SF) Buyer: DO Jefferson LLC Elifin's Notes: Local investors purchase 1.5+ acres on Jefferson Hwy. 5835...

03 Jul The Pulse NOLA: Investors purchase 31 acres in Segnette Park area

Posted at 09:18h 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 3841 Ulloa Street Type: Multifamily Price: $1,675,000 ($83,750 / Unit) Buyer: Ulloa Street LLC Elifin's Notes: Active local investor purchases a 20-unit multifamily property in the Tulane/Gravier area 412 Westwood Dr Type: Multifamily Price: $560,000 ($46,667 / Unit) Buyer: EAGLE EQUITIES LLC Elifin's Notes: Multifamily property sells in the Westwood area of Marrero 3427 Jefferson...

03 Jul The Pulse LFT: T-Frere’s Bed and Breakfast sells

Posted at 09:17h 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 605 W Congress St Type: Office Price: $970,000 ($266.85 / SF) Buyer: PREMIER STAFFING LLC Elifin's Notes: Local entity purchases office property fronting on West Congress Street between Saint John St and South Washington St 2309 W Pinhook Rd Type: Mixed-Use Price: $950,000 ($203.56 / SF) Buyer: LAM, SON BINH; TRAN, TRAM NGUYEN THU Elifin's...

26 Jun The Pulse NOLA: Bella Plaza retail center sells to local investors

Posted at 08:57h 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 4412 Trenton St Type: Office Price: $700,000 ($201.96 / SF) Buyer: WEM REALTY LLC Elifin's Notes: Local investor purchases office property in the Pontchartrain Garden area 3826 General De Gaulle Dr Type: Retail Price: $600,000 ($202.43 / SF) Buyer: 3826 GENERAL LLC Elifin's Notes: Retail property sells in Algiers 4324 Downman Rd Type: Retail Price: $545,000 ($77.30...

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...