The Pulse

The Pulse LFT: First Baptist Church acquires downtown parking lot

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 214 Cummings Rd, Broussard, LA 70518 Type: Industrial Price: $1,500,000 ($115.38 / SF) Buyer: 214 CUMMINGS HOLDINGS LLC Elifin's Notes: A newly constructed industrial property, not pictured, sells on Cummings Road in Broussard. 205 E Angus Dr, Youngsville, LA 70592 Type: Industrial Price: $554,000 ($86.56 / SF) Buyer: WJS YOUNGSVILLE LLC Elifin's Notes: WJS Youngsville...

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The Pulse NOLA: CVS property sells for 3.9mm in Metairie

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 2105 Cleary Ave, Metairie, LA 70001 Type: Retail Price: $3,925,000 ($286.50 / SF) Buyer: AGREE CENTRAL LLC Elifin's Notes: Agree Central LLC, a Michigan-based company acquires a CVS pharmacy property at the corner of Cleary Avenue and West Napoleon Avenue. 1521 Dickory Ave, Harahan, LA 70123 Type: Industrial Price: $933,120 ($106.34 /...

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The Pulse BR: Waffle House purchases land in Prairieville

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 4208 Bluebonnet Blvd (Bldg C), Baton Rouge, LA 70809 Type: Office Price: $1,300,000 ($216.67 / SF) Buyer: B&E Properties LLC Elifin's Notes: An office building sells within the Bluebonnet Palms Office Park. 11954 Coursey Blvd, Baton Rouge, LA 70816 Type: Retail Price: $520,000 ($89.66 / SF) Buyer:...

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The Pulse NOLA: Entergy purchases 23 acres in Westwego

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 3601 Bender Blvd, New Orleans, LA 70114 Type: Multifamily Price: $3,100,000 ($38,750 / Unit) Buyer: OAK VILLA HOUSING 1 LLC Elifin's Notes: The Oak Villa Apartments, an 80-unit affordable senior living community, sells for 3.1MM. 234 Harbor Cir, New Orleans, LA 70126 Type: Industrial Price: $1,050,000 ($53.85 / SF) Buyer: KB LAND HOLDINGS...

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The Pulse BR: McKernan-led group purchases land

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 7501 Burbank Dr, Baton Rouge, LA 70820 Type: Land Price: $950,000 ($7.01 / Land SF) Buyer: Burbank Pickleball Investment Properties LLC Elifin's Notes: Burbank Pickleball Investment Properties LLC, led by Gordon McKernan, purchases two parcels of land totaling over 3 acres on Burbank Drive, adjacent...

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The Pulse LFT: Former Shade Tree Cafe property sold

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 6413 Johnston St, Lafayette, LA 70503 Type: Retail Price: $875,000 ($15.35 / SF) Buyer: TROTTERS OF ALEXANDRIA INC Elifin's Notes: Trotters of Alexandria Inc acquires a two-story retail property with a variety of future uses on Johnston Street. 219 S Eola Rd, Broussard, LA 70518 Type: Retail Price: $530,000 ($201.60 / SF) Buyer: DREAMS...

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The Pulse LFT: Owner of Roul’s Hamburgers purchases land

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1300 Bertrand Dr, Lafayette, LA 70506 Type: Office Price: $700,000 ($32.21 / SF) Buyer: BE TRO LLC Elifin's Notes: Office property with redevelopment potential and sitting on ±3.4 acres, sold along Bertrand Dr. 5709 Johnston St, Lafayette, LA 70503 Type: Retail Price: $582,000 ($149.23 / SF) Buyer: SPARK BRIXTON LLC Elifin's Notes: Spark Brixton LLC,...

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The Pulse NOLA: Langenstein’s grocery property in Uptown sold

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 2800 Veterans Blvd, Metairie, LA 70002 Type: Office Price: $9,300,000 ($95.89 / SF) Buyer: ROBCO LLC Elifin's Notes: A three-story office property along with its parking garage changes ownership on Veterans Boulevard in Metairie. 8814 Veterans Memorial Blvd, Metairie, LA 70003 Type: Retail Price: $5,900,000 ($180.24 / SF) Buyer: VLN DEVELOPERS LLC Elifin's Notes:...

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The Pulse BR: OYO motel off Airline Hwy sold

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 15151 Florida Blvd, Baton Rouge, LA 70819 Type: Office Price: $2,625,000 ($18.64 / SF) Buyer: United Christian Faith Ministries Inc Elifin's Notes: United Christian Faith Ministries Inc acquires an office property along with a 9+ acre vacant plot on Florida Boulevard. 17227 Airline Hwy, Prairieville, LA...

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The Pulse NOLA: Chick-fil-A purchases land in Gretna

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 3432, 3434 Canal St; 118 S Clark St, New Orleans, LA 70119 Type: Office Price: $1,400,000 ($229.55 / SF) Buyer: 3434 CANAL LLC Elifin's Notes: An office property changes hands at the corner of Canal and South Clark Streets. 3314 Conti St, New Orleans, LA 70119 Type: Office Price: $647,999 ($79.88 /...

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