The Pulse

20 Jan The Pulse NOLA: One of NOLA’s most blighted properties sells

Posted at 09:13h 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 3409 Severn Ave, Metairie, LA 70002 Type: Multifamily Price: $17,650,000 ($109,627 / Unit) Buyer: LOCAL ON SEVERN LLC Elifin's Notes: The Medve Group, a Texas-based property management company, acquires The Local on Severn, a 161-unit multifamily property, in Metairie for $17.6MM. 1925 L and A Rd, Metairie, LA 70001 Type: Industrial Price:...

20 Jan The Pulse BR: City of Central purchases 356 acres

Posted at 09:12h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 356.3 acres Wax Rd, Baton Rouge, LA 70818 Type: Land Price: $5,700,000 ($0.37 / Land SF) Buyer: Central City Of Elifin's Notes: The City of Central, presumably for the planned Mainstreet 2030 project, purchases 356+ acres of land located between Wax Road and Hooper Road. 34411...

13 Jan The Pulse LFT: Former law firm office sells Downtown

Posted at 10:07h 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 1581 S Bernard Rd, Broussard, LA 70518 Type: Retail Price: $1,595,000 ($477.26 / SF) Buyer: CRRE INVESTMENTS LLC Elifin's Notes: CRRE Investments acquires the retail property at the corner of South Bernard and West Fairfield, adjacent to the Sabal neighborhood developments, in Broussard. 113 W Convent St, Lafayette, LA 70501 Type: Office Price:...

13 Jan The Pulse NOLA: The Sugar Mill event venue sells

Posted at 09:59h 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 4425 W Napoleon Ave, Metairie, LA 70001 Type: Industrial Price: $1,900,000 ($267.61 / SF) Buyer: 2007 CLEARVIEW LLC Elifin's Notes: 2007 Clearview LLC purchases an industrial flex-showroom space on West Napoleon Avenue in Metairie. 4512 Zenith St, Metairie, LA 70001 Type: Industrial Price: $1,750,000 ($118.81 / SF) Buyer: 2007 CLEARVIEW LLC Elifin's Notes: 2007...

13 Jan The Pulse BR: Asian Pearl property sells in Zachary

Posted at 09:57h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 908 W Orice Roth Rd, Gonzales, LA 70737 Type: Industrial Price: $3,000,000 ($45.32 / SF) Buyer: SKR Real Estate LLC Elifin's Notes: SKR Real Estate purchases a collection of industrial properties (three warehouses and 2+ acres of land) on and just off of Orice Roth Road. 13862 Perkins...

06 Jan The Pulse LFT: Two mobile home parks change hands

Posted at 09:54h 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 301, 305 Malapart Rd, Lafayette, LA 70507 Type: Retail Price: $950,000 ($152.81 / SF) Buyer: INSURANCE AUTO AUCTIONS CORP Elifin's Notes: An auto auction property changes hands on Malapart Road. 840 Jenkins Rd, Duson, LA 70529 Type: Multifamily Price: $875,000 ($39,773 / Unit) Buyer: LT ENTERPRISES LLC Elifin's Notes: LT Enterprises acquires a 22-unit mobile...

06 Jan The Pulse NOLA: Retail property sells in the French Quarter

Posted at 09:53h 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 604 Julia St, New Orleans, LA 70130 Type: Mixed-Use Price: $1,400,000 ($216.95 / SF) Buyer: 604 JULIA LLC Elifin's Notes: A Warehouse District mixed-use property, consisting of one street level retail, four STR units, and two apartments, sells. 609, 615 Chartres St, New Orleans, LA 70130 Type: Retail Price: Withheld Buyer: 609 CHARTRES...

06 Jan The Pulse BR: Teakwood Village apartments sell for 6.7mm

Posted at 09:53h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 34200 Distribution Lane, Gonzales, LA 70737 Type: Industrial Price: $10,177,887 ($174.49 / SF) Buyer: FNLR Compounds Matter Too LLC Elifin's Notes: A New York-based real estate investment company purchases the Univar Solutions chemical company property, sitting on 22 acres in Gonzales. 515 Gardere Lane, Baton Rouge, LA 70820 Type:...

30 Dec The Pulse LFT: Three commercial sales recorded last week

Posted at 09:50h 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 1813 Bertrand Dr, Lafayette, LA 70506 Type: Industrial Price: $675,000 ($70.31 / SF) Buyer: 1813 BERTRAND LLC Elifin's Notes: An industrial showroom/warehouse sells on Bertrand Drive. 2843 Verot School Rd, Lafayette, LA 70508 Type: Office Price: $362,000 ($201.11 / SF) Buyer: LAFLA VENTURES LLC Elifin's Notes: LAFLA Ventures LLC acquires an office property on Verot...

30 Dec The Pulse NOLA: Former Winn-Dixie property in Algiers sells for 8.1mm

Posted at 09:45h 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 3008 Holiday Dr, New Orleans, LA 70131 Type: Retail Price: $8,100,000 ($127.29 / SF) Buyer: ROYALE WINN NOLA LLC Elifin's Notes: A Florida-based entity acquires the former Winn-Dixie property in Algiers. 613, 635, 641 Baronne St, New Orleans, LA 70113 Type: Office Price: $2,400,000 ($93.39 / SF) Buyer: 615 BARONNE ST LLC Elifin's Notes:...