The Pulse

The Pulse NOLA: Jefferson Parish Council buys retail property

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 3411 S Carrollton Ave, New Orleans, LA 70118 Type: Retail Price: $5,000,000 ($650.28 / SF) Buyer: RBC CAPITAL ENCORE LLC Elifin's Notes: RBC Capital Encore LLC acquires a convenience store/gas station property with multiple tenants at the corner of South Carrollton Avenue and Olive Street. 900 Bridge City Ave, Bridge...

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The Pulse BR: Towne Center Sold

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 7529 Corporate Blvd, Baton Rouge, LA 70809 Type: Retail Price: $81,000,000 ($197.16 / SF) Buyer: G&I XI TC at Cedar Lodge LLC Elifin's Notes: The Towne Center at Cedar Lodge sells to a New York-based entity for $81MM. 4445 Alvin Dark Ave, Baton Rouge, LA 70820 Type: Multifamily Price: $5,450,000...

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The Pulse NOLA: Mixed-use property sells in French Quarter

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 1212 Royal St, New Orleans, LA 70116 Type: Mixed-Use Price: $2,050,000 ($278.15 / SF) Buyer: 1212 ROYAL LLC Elifin's Notes: This mixed-use property has 2 street-level restaurant spaces and 8 residential units on the second floor. 2237, 2249 Arlington Ave, Harvey, LA 70058 Type: Industrial Price: $880,000 ($137.50 / SF) Buyer: HERO LANDS...

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The Pulse LFT: Avanti Senior Living property sells for 28.3mm

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 5522 Ambassador Caffery Pkwy, Youngsville, LA 70592 Type: Healthcare Price: $28,300,000 ($291.88 / SF) Buyer: VTR AVT LAFAYETTE LLC Elifin's Notes: Ventas, an Illinois-based real estate investment company, acquires the Avanti Senior Living care center. 920 Lebesque Rd, Lafayette, LA 70507 Type: Industrial Price: $2,200,000 ($52.48 / SF) Buyer: PEAK NDT SOLUTIONS LLC Elifin's Notes:...

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The Pulse BR: Former Circle Bowl sells

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 1710 N Marque Anne Dr, Baton Rouge, LA 70815 Type: Multifamily Price: $4,275,000 ($12,955 / Unit) Buyer: Baton Rouge Apartment Group LLC Elifin's Notes: Baton Rouge Apartment Group LLC purchases the 330-unit Cherry Creek apartment complex. 1737 La Annie Dr, Baton Rouge, LA 70815 Type: Multifamily Price: $1,370,000 ($15,930 /...

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The Pulse BR: Leadership update at ELIFIN®

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 38394, 38398, 38402 Hwy 30, Gonzales, LA 70737 Type: Industrial Price: $3,163,160 ($143.78 / SF) Buyer: Pinnacle Warehousing LLC Elifin's Notes: A set of three industrial buildings sell in Gonzales. 11670 Airline Hwy, Baton Rouge, LA 70816 Type: Self-Storage Price: $800,000 ($1,961 / Unit) Buyer: Daisy Hill Airline LLC Elifin's Notes: Daisy...

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The Pulse LFT: Photography studio sells in Freeport area

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 100 Executive Row, Lafayette, LA 70508 Type: Land Price: $340,000 ($4.62 / Land SF) Buyer: EXECUTIVE ROW LLC Elifin's Notes: A 1.6+ acre parcel of land sells at the corner of Executive Row and Feu Follet Road. 2904 W Pinhook Rd, Lafayette, LA 70508 Type: Land Price: $210,000 ($4.19 / Land SF) Buyer: HALE...

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The Pulse NOLA: Construction materials company purchases 3 properties

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 112 23rd St - 2308 Piedmont St, Kenner, LA 70062 Type: Industrial Price: $2,261,000 ($92.22 / SF) Buyer: SIV GRACE PROPERTIES LLC Elifin's Notes: SIV Grace Properties LLC acquires three industrial buildings and 0.36+ acre parcel of vacant land just north of the Airport in Kenner. 2249 Piedmont St, Kenner,...

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The Pulse BR: Park Place apartments sell for 82mm

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 222 E Boyd Dr, Baton Rouge, LA 70808 Type: Multifamily Price: $82,013,500 ($295,013 / Unit) Buyer: BLA Owner LLC Elifin's Notes: A multifamily real estate investment group out of New York purchases the Park Place apartment complex. 13505 Millerville Greens Blvd, Baton Rouge, LA 70816 Type: Retail Price: $4,375,000 ($283.12...

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The Pulse LFT: D. R. Horton purchases vacant land along Eraste Landry

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 6315 Cameron St, Scott, LA 70583 Type: Industrial Price: $2,500,000 ($77.07 / SF) Buyer: 6315 CAMERON LLC Elifin's Notes: An industrial property comprising five buildings changes ownership on Cameron Street. 1906 Chemin Metairie Rd, Youngsville, LA 70592 Type: Land Price: $768,460 ($15.47 / Land SF) Buyer: HAZA REALTY LP Elifin's Notes: A 1+ acre parcel...

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