The Pulse

The Pulse BR: Roux 61 property sold to Baton Rouge Orthopaedic Clinic

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 8322 Bluebonnet Blvd, Baton Rouge, LA 70810 Type: Retail Price: $3,050,000 ($281.63 / SF) Buyer: BROC Real Estate Development LLC Elifin's Notes:Baton Rouge Orthopaedic Clinic's real estate arm purchases the Roux 61 restaurant property on Bluebonnet Boulevard. 159.573 acres Old Scenic Hwy, Zachary, LA 70791 Type: Land Price: $1,725,942 ($0.25...

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The Pulse LFT: Metairie Centre sells for 8.18mm

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 103, 107 Centre Sarcelle Blvd, Youngsville, LA 70592 Type: Retail Price: $8,175,000 ($246.14 / SF) Buyer: METAIRIE YOUNGSVILLE LLC; EAT METAIRIE YOUNGSVILLE LLC Elifin's Notes: The Metairie Centre retail property sells in Youngsville. 148B Banks Ave, Lafayette, LA 70506 Type: Industrial Price: $900,000 ($120.00 / SF) Buyer: DA BANKS AVE LLC Elifin's Notes: A Georgia-based...

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The Pulse NOLA: Dollar General property sells on Downman Road

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 6500 Downman Rd, New Orleans, LA 70126 Type: Retail Price: $560,000 ($62.04 / SF) Buyer: 6500 DOWNMAN INVESTMENT LLC Elifin's Notes: A Dollar General occupied retail property trades on Downman Road. 2001 Georgia Ave, Kenner, LA 70062 Type: Retail Price: $550,000 ($259.43 / SF) Buyer: ROBBIES BAR LLC Elifin's Notes: Robbie's Bar LLC acquires...

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The Pulse BR: Two psychiatric facilities sell for 15.7mm

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 11950-12112 Greenwell Springs Port Hudson Rd, Baton Rouge, LA 70814 Type: Healthcare Price: $8,429,200 ($167.58 / SF) Buyer: Seaside Healthcare RE PHP LLC Elifin's Notes: The Graph Group, a New Jersey-based investment company, purchases a psychiatric facility in Zachary. 4363 Convention St, Baton Rouge, LA 70806 Type: Healthcare Price: $7,311,400...

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The Pulse LFT: 1.8-acre parcel near Whole Foods sells for 1 million

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 206, 208, 300 Bon Crest Ave 205, 209, 213 Burgess Dr 3900 Hwy 90 E, Broussard, LA 70518 Type: Industrial Price: $6,700,000 ($197.57 / SF) Buyer: K SOLV BROUSSARD LLC Elifin's Notes: A Texas-based entity purchases a collection of industrial buildings and land parcels off of Highway 90 in Broussard. 538 Settlers Trace...

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The Pulse NOLA: Ted’s Frostop in Uptown sells

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 3615 Jefferson Hwy, New Orleans, LA 70121 Type: Retail Price: $2,500,000 ($51.55 / SF) Buyer: CANSECO PROPERTIES JEFFERSON LLC Elifin's Notes: Canseco Properties Jefferson, LLC acquires the Azalea Gardens Shopping Center on Jefferson Highway. 4200 Williams Blvd, Kenner, LA 70065 Type: Retail Price: $1,420,000 ($215.97 / SF) Buyer: R&D GULF INVESTMENTS LLC Elifin's Notes:...

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The Pulse BR: 299-unit apartment complex sold for undisclosed price

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 3110 College Dr, Baton Rouge, LA 70808 Type: Retail Price: $2,723,738 ($502.91 / SF) Buyer: MCP Stable 3110 College Drive Baton Rouge LLC Elifin's Notes: A Texas-based investor acquires the Capital One Bank property situated as an outparcel to the Walmart on College Drive. 3006 College...

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The Pulse LFT: Wright Group buys industrial property for 5.5mm

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 520 Beau Pre Rd, Lafayette, LA 70508 Type: Industrial Price: $5,500,000 ($150.09 / SF) Buyer: TWG SERVICING COMPANY INC Elifin's Notes: The Wright Group purchases an industrial-flex property in the Pilette area 101 Oil Patch Rd, Broussard, LA 70518 Type: Industrial Price: $2,800,000 ($233.33 / SF) Buyer: MCSTORAGE MINI LP Elifin's Notes: A newly constructed...

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The Pulse BR: Tractor Supply buys land in Prairieville

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week Tract Y-1-A LA Hwy 42, Prairieville, LA 70769 Type: Land Price: $1,005,000 ($5.27 / Land SF) Buyer: Tractor Supply Company Elifin's Notes: Tractor Supply Company purchases a 4.3+ acre parcel of commercial land adjacent to Oak Grove Market on Louisiana Highway 42. 11920 Perkins Rd (Unit A), Baton...

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The Pulse NOLA: Showroom sells for 2.8mm in Kenner

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 2425 Williams Blvd, Kenner, LA 70062 Type: Retail Price: $2,800,000 ($116.12 / SF) Buyer: MORGAN&MORGAN LLC Elifin's Notes: A large showroom property changes ownership at the corner of Williams Boulevard and 24th Street. 2975 Behrman Hwy, New Orleans, LA 70114 Type: Retail Price: $550,000 ($83.85 / SF) Buyer: IGLESIA PENTECOSTAL REFUGIO DE SALVACION Elifin's...

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