The Pulse

The Pulse NOLA: Jazz & Heritage Festival acquires old art gallery

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 4419, 4425 Utica St, Metairie, LA 70006 Type: Office Price: $2,550,000 ($272.32 / SF) Buyer: SMBC LEASING&FINANCE INC Elifin's Notes: A New York-based entity purchases a dialysis clinic with warehouse space on Utica Street. 840 N Rampart St, New Orleans, LA 70116 Type: Retail Price: $2,300,000 ($363.52 / SF) Buyer: NEW ORLEANS JAZZ...

Read More

The Pulse LFT: Eddie’s Barbershop LLC purchases building on W Pinhook

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 2121 Dulles Dr, Lafayette, LA 70506 Type: Industrial Price: $523,000 ($184.09 / SF) Buyer: SOUTHERN MAGNOLIA REAL ESTATE LLC Elifin's Notes: Southern Magnolia Real Estate LLC acquires an industrial property on 1.7+ acres of land fronting on Dulles Drive. 206, 208 Dairy Lane, Broussard, LA 70518 Type: Land Price: $500,000 ($1.98 / Land...

Read More

The Pulse BR: 6 acres sold on Old Perkins near Highland

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 2327 O'Neal Lane, Baton Rouge, LA 70816 Type: Retail Price: $950,000 ($500.00 / SF) Buyer: HCO BTR LLC Elifin's Notes: An Alabama entity acquires a fast food property at the corner of O'Neal Lane and Bristoe Avenue. 18165 E Petroleum Dr, Baton Rouge, LA 70809 Type: Office Price:...

Read More

The Pulse LFT: Two medical condos sold in Lafayette Surgical Specialty Hospital

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1103 Kaliste Saloom Rd (Unit 102, 106), Lafayette, LA 70508 Type: Office Price: $1,556,879 ($220.99 / SF) Buyer: J & L CORNER OFFICES TWO LLC Elifin's Notes: A local entity purchases a pair of medical office condo units within the Lafayette Surgical Specialty Hospital. 116 Eunice St, Lafayette, LA 70508 Type: Industrial Price:...

Read More

The Pulse NOLA: Former Federal Reserve building sells in CBD

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 147 Carondelet St, New Orleans, LA 70112 Type: Office Price: $3,500,000 ($83.49 / SF) Buyer: OLD FEDERAL RESERVE LLC Elifin's Notes: The former Federal Reserve branch building sells in the CBD. 1820 L and A Rd, Metairie, LA 70001 Type: Industrial Price: $1,715,000 ($107.19 / SF) Buyer: FOUR RIVERS PROPERTIES LLC Elifin's Notes: An...

Read More

The Pulse BR: Waste Pro purchases 26+ acres

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 6535 Industrial Dr, Geismar, LA 70734 Type: Industrial Price: $34,450,000 ($172.25 / SF) Buyer: Rivermark SP Realty LLC; Rivermark MS Realty LLC Elifin's Notes: A pair of New York based entities purchase the industrial property occupied by Marucci Sports and two other tenants in Geismer. 12949 Leisure Rd,...

Read More

The Pulse LFT: 191-Unit apartment complex sells

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 110 Matrix Loop, Lafayette, LA 70507 Type: Industrial Price: $1,525,000 ($84.72 / SF) Buyer: LAFAYETTE PROPERTY PARTNERS LLC Elifin's Notes: Lafayette Property Partners, a Florida limited liability company, acquires an industrial warehouse property on Matrix Loop near Carencro. 208, 220 Heymann Blvd, Lafayette, LA 70503 Type: Office Price: $1,316,000 ($116.84 / SF) Buyer: 210...

Read More

The Pulse NOLA: Strip center sells at Algiers Plaza

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 1105 Veterans Memorial Blvd (Land Only), Metairie, LA 70005 Type: Land Price: $2,650,000 ($85.68 / Land SF) Buyer: KMHSHELL LLC Elifin's Notes: KMHShell LLC purchases a parcel of land, not including the improvements, next to a gas station/convenience store which they currently own. 2831 St Claude Ave, New Orleans, LA...

Read More

The Pulse BR: Healthcare property changes hands for 6.1mm

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 4728 Constitution Ave, Baton Rouge, LA 70808 Type: Hospitality Price: $18,000,000 ($61,224 / Unit) Buyer: APM Property Holdings LLC Elifin's Notes: The Crowne Plaza Hotel, with 294 rooms, sells on Constitution Avenue near I-10. 4040 North Blvd, Baton Rouge, LA 70806 Type: Healthcare Price: $6,100,000 ($170.70 / SF) Buyer: Community Development...

Read More

The Pulse NOLA: Extra Space Storage facility sells for 29.6mm

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 4866 Tchoupitoulas St, New Orleans, LA 70115 Type: Self-Storage Price: $29,600,000 ($34,180 / Unit) Buyer: EXTRA SPACE PROPERTIES TWO LLC Elifin's Notes: The Extra Space Storage facility on Tchoupitoulas Street sells near F&M's Patio Bar. 211 Camp St, New Orleans, LA 70170 Type: Hospitality Price: $1,675,600 Buyer: INTERNATIONAL HOUSE L L C Elifin's Notes:...

Read More