The Pulse

The Pulse LFT: Newly-constructed middle school sold for 36.8 million

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 300 Acadian Hills Lane, Lafayette, LA 70507 Type: Specialty Price: $36,860,000 ($530.02 / SF) Buyer: FRIENDS OF LAFAYETTE CHARTER FOUNDATION INC Elifin's Notes: Friends of Lafayette Charter Foundation Inc. acquires the newly built two-story middle school adjacent to the Lafayette Renaissance Charter High School on the Northside of Lafayette. This...

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The Pulse NOLA: Whole Foods in Tulane-Gravier sold

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 5301 Elysian Fields Ave, New Orleans, LA 70122 Type: Office Price: $775,000 ($212.91 / SF) Buyer: ELYSIAN FIELDS HOLDING COMPANY LLC Elifin's Notes: An office property changes ownership adjacent to Canseco's Filmore Market off of Filmore Avenue. 3229 Edenborn Ave, Metairie, LA 70002 Type: Office Price: $585,600 ($142.48 / SF) Buyer: PIN OAK...

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The Pulse BR: All Star Automotive properties sold

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 9150, 9292 Airline Hwy, Baton Rouge, LA 70815 Type: Retail Price: $20,540,000 ($211.99 / SF) Buyer: Real Estate Holdco LLC Elifin's Notes: Hudson Automotive Group, a South Carolina-based company, acquires All Star Toyota on Airline Highway. 12810 Airline Hwy, Baton Rouge, LA 70809 Type: Retail Price: $13,650,000...

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The Pulse LFT: Office building near UL sold for 1.5mm

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 120 Oil Center Dr, Lafayette, LA 70503 Type: Office Price: $1,500,000 ($161.29 / SF) Buyer: BIG BRAIN PROPERTY INVESTMENTS LLC Elifin's Notes: An office property sells at the corner of Oil Center Drive and Heymann Boulevard. 2715 Youngsville Hwy, Youngsville, LA 70592 Type: Retail Price: $853,750 ($149.96 / SF) Buyer: ACTS PROPERTIES YOUNGSVILLE LLC Elifin's...

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The Pulse NOLA: Pace Morby purchases 24-unit multifamily complex

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 4204-4221 Asher Ct, Kenner, LA 70065 Type: Multifamily Price: $3,900,000 ($97,500 / Unit) Buyer: ASHER COURT APARTMENTS LLC Elifin's Notes: Asher Court Apartments LLC acquires 10 fourplexes near Chateau Estates Elementary School in Kenner. 10022 I-10 Service Rd, New Orleans, LA 70127 Type: Hospitality Price: $3,700,000 ($29,600 / Unit) Buyer: SHREE GANESHAY LLC Elifin's...

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The Pulse BR: Prescriptions to Geaux purchases their Government Street property

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 11314 Boardwalk Dr, Baton Rouge, LA 70816 Type: Hospitality Price: $1,900,000 ($17,431 / Unit) Buyer: Titan General Contractors LLC Elifin's Notes: An Arkansas-based company acquires a 109-unit hotel property on Broadwalk Drive. 3012 Government St, Baton Rouge, LA 70806 Type: Retail Price: $1,150,000 ($290.40 / SF) Buyer:...

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The Pulse LFT: Lourdes purchases office building

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 5000 Ambassador Caffery Pkwy (Bldg 1), Lafayette, LA 70508 Type: Office Price: $4,265,000 ($346.75 / SF) Buyer: OUR LADY OF LOURDES REGIONAL MEDICAL CENTER INC Elifin's Notes: Lourdes purchases an office condo property across from their Hospital on Ambassador Caffery Parkway. 129 Banks Ave, Lafayette, LA 70506 Type: Industrial Price: $2,650,000 ($134.56 /...

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The Pulse NOLA: Warehouse District building sold for 2mm

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 762 St Charles Ave, New Orleans, LA 70130 Type: Retail Price: $2,000,000 ($278.24 / SF) Buyer: ALPHADIA752 LLC Elifin's Notes: A two-story commercial property with street-level retail space sells in the Warehouse District. 2220 Lakeshore Dr, New Orleans, LA 70122 Type: Specialty Price: $795,000 ($104.11 / SF) Buyer: GREATER NEW ORLEANS CHINESE CHRISTIAN...

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The Pulse BR: Retail strip in Zachary changes hands

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 2375 Wooddale Blvd, Baton Rouge, LA 70806 Type: Industrial Price: $415,000 ($19.95 / SF) Buyer: Land & Home Solutions of America, LLC Elifin's Notes: An industrial warehouse property sells on Wooddale Boulevard. 10735 Cherryhill Ave, Baton Rouge, LA 70816 Type: Industrial Price: $162,500 ($45.68 / SF) Buyer:...

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The Pulse LFT: Two gas stations sell on Rue De Belier

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 234 Duhon Rd, Lafayette, LA 70506 Type: Retail Price: $3,500,000 ($792.57 / SF) Buyer: SINGH55 LLC Elifin's Notes: A convenience store/gas station property changes ownership at the corner of Duhon Road and Rue De Belier. 485 Ridge Rd, Lafayette, LA 70506 Type: Retail Price: $2,050,000 ($716.03 / SF) Buyer: SINGH53 LLC Elifin's Notes: A convenience...

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