The Pulse

The Pulse Northshore: DSLD-related entity purchases 91 acres

A weekly update on the commercial real estate landscape of The Northshore. Commercial Sales Recorded Last Week 19399 Helenbirg Road, Covington, LA 70433 Type: Office Price: $1,050,000 ($73.08 / SF) Buyer: SLIMMING HOLDINGS LLC Elifin's Notes: A multi-unit office property sells on Helenbirg Road. 73312 Hwy 1077, Folsom, LA 70437 Type: Industrial Price: $485,000 ($134.72 / SF) Buyer: MCG HOLDINGS LLC Elifin's Notes: An industrial warehouse with an upstairs apartment sells. 76160...

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The Pulse LFT: Office property overlooking Vermillion River sells

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 307 La Rue France, Lafayette, LA 70508 Type: Office Price: $590,000 ($181.93 / SF) Buyer: TORIAN PROPERTIES LLC Elifin's Notes: An office property, with a Vermillion River view, that can be split into separate suites sells. 106, 108 Hummingbird Lane, Lafayette, LA 70506 Type: Multifamily Price: $550,000 ($68,750 / Unit) Buyer: MCHONE PROPERTY MANAGEMENT...

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The Pulse NOLA: Aldi-anchored center sold to Michigan company

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 845 Carondelet St, New Orleans, LA 70130 Type: Retail Price: $1,500,000 ($217.39 / SF) Buyer: BEARCAT ENTERPRISES LLC Elifin's Notes: The owner of Bearcat CBD, a popular local eatery, purchases its location on Carondelet Street. 2820 Canal St, New Orleans, LA 70119 Type: Office Price: $815,000 ($99.17 / SF) Buyer: SILVA INVESTMENT PROPERTIES...

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The Pulse BR: Guarantee Restoration owner purchases 20 acres

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 5225 Etta St, Baton Rouge, LA 70820 Type: Land Price: $900,000 ($14.06 / Land SF) Buyer: Bleecker House Holdings LLC Elifin's Notes: A 1.4+ acre parcel of commercial land sells off of West Lee Drive. Tracts 2, 3, 4 Old Perkins Rd W, Baton Rouge, LA...

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The Pulse Northshore: Historic Lodge No.60 sells in Hammond

A weekly update on the commercial real estate landscape of The Northshore. Commercial Sales Recorded Last Week 3190 E Causeway Approach (Pad Sites 3, 4, 5, 6), Mandeville, LA 70448 Type: Land Price: $2,933,409 ($134.02 / Land SF) Buyer: PRAEVIA LLC Elifin's Notes: The leader of Paradigm Health System heads an entity that purchases four office pad sites within the same condominium in which their Mandeville...

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The Pulse LFT: Johnston Street property sells for 4.4mm

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 5826 Johnston St, Lafayette, LA 70503 Type: Retail Price: $4,426,893 ($70.39 / SF) Buyer: PELICAN ENGINEERING LLC Elifin's Notes: An appliance showroom property changes ownership on Johnston Street. 108 S Jefferson St, Lafayette, LA 70501 Type: Multifamily Price: $1,119,000 ($124,333 / Unit) Buyer: J&H GROUP LLC Elifin's Notes: A 9-unit multifamily property changes hands in...

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The Pulse NOLA: Daiquiri shop in Grand Isle sold

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 7700 Maple St, New Orleans, LA 70118 Type: Retail Price: $1,400,000 ($828.89 / SF) Buyer: PROCTOR , SARA RAE ZEGELBONE Elifin's Notes: A former Starbucks branch property sells at the corner of Maple and Adams Streets. 3001 Gen De Gaulle Dr, New Orleans, LA 70114 Type: Office Price: $917,500 ($115.99 / SF) Buyer:...

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The Pulse BR: Frog’s One Stop property sold in Central

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 17070 Greenwell Springs Rd, Central, LA 70739 Type: Retail Price: $2,375,000 ($209.12 / SF) Buyer: GUR 2 Enterprises LLC Elifin's Notes: A local convenience store/gas station owner purchases a pair of these properties this past week, this property being one of them. 11825 Sun Belt Ct, Baton Rouge,...

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The Pulse Northshore: Florida-based charter school purchases land

A weekly update on the commercial real estate landscape of The Northshore. Commercial Sales Recorded Last Week 81591 Hwy 21, Bush, LA 70431 Type: Retail Price: $1,698,814 ($131.69 / SF) Buyer: HOME CARE PARTNERSHIP Elifin's Notes: A Dollar General Market property sells in Bush. 43169 S Airport Rd, Hammond, LA 70403 Type: Land Price: $1,450,000 ($3.59 / Land SF) Buyer: SILVERTREE PROPERTIES LLC Elifin's Notes: A 9 acre tract of land...

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The Pulse LFT: New Orleans developer acquires property for new Chipotle

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 3220 Johnston St, Lafayette, LA 70503 Type: Retail Price: $800,000 ($111.79 / SF) Buyer: PERARD JOHNSTON LLC Elifin's Notes: A New Orleans-based developer, with plans to demolish the existing structure to make way for a new Chipotle location, purchases this retail property. 5001 Hwy 90 E, Broussard, LA 70518 Type: Industrial Price: $600,000...

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