The Pulse

21 Jul The Pulse BR: Park Place apartments sell for 82mm

Posted at 09:53h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

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...

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

Posted at 09:32h in Research, The Pulse, The Pulse: Lafayette by ELIFIN® 0 Comments

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...

21 Jul The Pulse NOLA: The Garage complex sells for 28.8mm

Posted at 09:31h in Research, The Pulse, The Pulse: New Orleans by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 840, 848 Carondelet St, New Orleans, LA 70130 Type: Multifamily Price: $28,800,000 ($464,516 / Unit) Buyer: BDS III LA THE GARAGE LLC Elifin's Notes: The Garage, a 62-unit luxury multifamily complex with street-level retail space at 840 Carondelet Street, sells. 1515 Poydras St, New Orleans, LA 70112 Type: Office Price: $26,473,700 ($50.00...

14 Jul The Pulse NOLA: Melba’s Restaurant property sells

Posted at 10:19h in Research, The Pulse, The Pulse: New Orleans by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 5600 Hayne Blvd, 7649 Townsend Pl, New Orleans, LA 70126 Type: Industrial Price: $2,115,977 ($28.54 / SF) Buyer: RATHBORNE PROPERTIES, LLC Elifin's Notes: A pair of industrial properties located at 5600 Hayne Boulevard and 7649 Townsend Place sell in the Intercoastal industrial area. 2016 Oretha Castle Haley Blvd, New Orleans,...

14 Jul The Pulse LFT: Former Posados property sells for 3.35mm

Posted at 10:18h in Research, The Pulse, The Pulse: Lafayette by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 3822 Ambassador Caffery Pkwy, Lafayette, LA 70503 Type: Retail Price: $3,350,000 ($279.94 / SF) Buyer: LOUISIANA HP HOLDINGS LLC Elifin's Notes: The former Posados property, remodeled into an event venue and a restaurant space, sells on Ambassador Caffery Parkway. 2905 Kaliste Saloom Rd, Lafayette, LA 70508 Type: Retail Price: $1,500,000 ($125.16 / SF) Buyer:...

14 Jul The Pulse BR: Office building sells for 2.1mm

Posted at 10:17h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 7600 Innovation Park Rd, Baton Rouge, LA 70820 Type: Office Price: $2,105,000 ($126.30 / SF) Buyer: Compliance Envirosystems LLC Elifin's Notes: Compliance Envirosystems LLC acquires an office property along with a vacant parcel on Innovation Park Drive. 20214 Tucker Rd, Zachary, LA 70791 Type: Land Price: $1,000,000 ($0.49 / Land...

07 Jul The Pulse LFT: Travis Technology Center sells for 2.45mm

Posted at 09:18h in Research, The Pulse, The Pulse: Lafayette by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1001 Hwy 182, Broussard, LA 70518 Type: Industrial Price: $3,500,000 ($228.31 / SF) Buyer: 1001 HWY 182 LLC Elifin's Notes: An office/flex property, along with 13.5+ acres of adjacent undeveloped land, sells in Broussard. 110 Travis St, Lafayette, LA 70503 Type: Office Price: $2,450,000 ($74.38 / SF) Buyer: TRAVIS PARTNERS LLC Elifin's Notes: The Travis...

07 Jul The Pulse NOLA: Jefferson Business Center sells for 11.4mm

Posted at 09:16h in Research, The Pulse, The Pulse: New Orleans by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 520, 524 Elmwood Park Blvd, Elmwood, LA 70123 Type: Office Price: $11,443,300 ($109.86 / SF) Buyer: JEFFERSON BUSINESS CENTER INVESTMENT LLC Elifin's Notes: The Jefferson Business Center changes ownership in Elmwood. 212 E Airline Hwy, Kenner, LA 70062 Type: Land Price: $4,550,000 ($14.93 / Land SF) Buyer: 5950 SB GEORGIA HOLDINGS LLC Elifin's Notes:...

07 Jul The Pulse BR: 77-Room hotel sells near BTR

Posted at 09:15h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 2949 Varsity St, Baton Rouge, LA 70807 Type: Hospitality Price: $1,400,000 ($18,182 / Unit) Buyer: Brothers Hospitality LLC Elifin's Notes: A hotel property with 77 rooms changes ownership across from the Baton Rouge Metropolitan Airport. Tract A Hwy 22, Darrow, LA 70725 Type: Land Price: $1,392,000 ($0.36 / Land SF) Buyer:...

30 Jun The Pulse LFT: Donut shop property sells on Johnston Street

Posted at 09:15h in Research, The Pulse, The Pulse: Lafayette by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 110 Rue Jean Lafitte, Lafayette, LA 70508 Type: Office Price: $1,700,000 ($91.89 / SF) Buyer: JA PROPERTY MANAGEMENT LLC Elifin's Notes: JA Property Management LLC acquires an office property along with a vacant parcel on Rue Jean Lafitte. 206 Cummings Rd, Broussard, LA 70518 Type: Industrial Price: $1,265,000 ($83.92 / SF) Buyer: ROSEMARIE PETTIT...