The Pulse

The Pulse NOLA: Local investor purchases 16mm industrial portfolio

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 4839 Orleans Way, Marrero, LA 70072 Type: Industrial Price: $16,000,000 Buyer: TENTH WHEEL LLC Elifin's Notes: Mandeville-based investor purchases a large area of industrial land, with multiple industrial improvements and buildings, along Bayou Barataria in Crown Point 1025 S Norman C Francis Pkwy, New Orleans, LA 70125 Type: Specialty Price: $4,500,000 ($102.27...

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The Pulse LFT: Houston-based investor purchases land along Ambassador Caffery

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 2822 Bonin Rd, Youngsville, LA 70592 Type: Land Price: $670,824 ($11.00 / Land SF) Buyer: AADM LLC Elifin's Notes: A local entity purchases a tract of land along Bonin Road in Youngsville 300 E Musique Rd, Lafayette, LA 70506 Type: Land Price: $400,000 ($0.76 / Land SF) Buyer: SABBAGHIAN DEVELOPMENT LLC Elifin's Notes: Local investor...

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The Pulse BR: Price Leblanc family purchases 145 acres off Scenic Hwy

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 14225 Scenic Hwy, Baton Rouge, LA 70807 Type: Land Price: $2,065,500 ($0.33 / Land SF) Buyer: Priceco LLC Elifin's Notes: Price Leblanc family purchases 145 acres off Scenic Hwy. 38004 Cornerview Rd, Gonzales, LA 70737 Type: Industrial Price: $1,650,000 ($61.25 / SF) Buyer: Oakland Land and Development, LLC Elifin's Notes: Industrial property...

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The Pulse CBUS: Cornerstone Academy purchases 18mm office property

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 6005 Nacot Pl, Columbus, OH 43054 Type: Office Price: $10,500,000 ($153.37 / SF) Buyer: 6005 NACOT PLACE LLC Elifin's Notes: In one of two transactions, The Cornerstone Academy Community School, through an LLC, acquires a former office building in New Albany 4411, 4425 Marketing Pl, Columbus, OH 43125 Type: Industrial Price: $9,500,000 ($95.13...

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The Pulse LFT: Land along Settlers Trace Boulevard sells for 2mm

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week Lots 1, 3 Settlers Trace Blvd, Lafayette, LA 70508 Type: Land Price: $2,080,000 ($17.52 / Land SF) Buyer: SHOPS AT SETTLERS TRACE LLC THE Elifin's Notes: Lafayette-based development team purchases two tracts of land, 1.8+ and 0.8+ acres respectively, behind the Ambassador Crossing development and along Settlers Trace Boulevard. 2401 E...

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The Pulse CBUS: Multifamily portfolio sells for 9.6mm near Topiary Park

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 518 E Town St, Columbus, OH 43215 Type: Multifamily Price: $9,631,159 ($66,883 / Unit) Buyer: TOPIARY PARK APARTMENTS LLC Elifin's Notes: A local building owner and developer, in one of two transactions this past week, purchases three multifamily properties near the corner of South Washington Avenue and East Town Street...

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The Pulse NOLA: The City of Gretna purchases a hotel for 5.3mm

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 100 Westbank Expy, Gretna, LA 70053 Type: Hospitality Price: $5,335,000 ($17,265 / Unit) Buyer: GRETNA CITY OF Elifin's Notes: The City of Gretna purchases a hotel property along the Westbank Expressway 1031 Saint Philip St, New Orleans, LA 70116 Type: Mixed-Use Price: $1,600,000 ($129.86 / SF) Buyer: Walter Antin; Ariana Rinderknecht Elifin's Notes: A...

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The Pulse BR: 34+ acres sell on Pecue Lane near I-10

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 34.32 Acres Pecue Lane, Baton Rouge, LA 70810 Type: Land Price: $2,800,000 ($1.87 / Land SF) Buyer: Honor Properties Old Perkins Investments LLC Elifin's Notes: 34+ acres off Pecue Lane near I-10 sells to Brown Industries. 6160 Perkins Rd, Baton Rouge, LA 70808 Type: Office Price: $2,700,000 ($129.88 / SF) Buyer: Matt Bruno...

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The Pulse CBUS: Market Mohawk Apartments sold for over 12 million

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 377 S Grant Ave, Columbus, OH 43215 Type: Multifamily Price: $12,075,000 ($128,457 / Unit) Buyer: MARKET MOHAWK APARTMENTS LLC Elifin's Notes: The Market-Mohawk Apartments complex, 94-units, changes hands at the intersection of East Mound Street and South Grant Avenue 3734 W Dublin Granville Rd, Columbus, OH 43235 Type: Retail Price: $4,532,000 ($1,342.42 /...

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The Pulse NOLA: Best Western property sells for 3 million

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 3900 Howard Ave, New Orleans, LA 70125 Type: Specialty Price: $10,000,000 ($280.48 / SF) Buyer: GRAY MEDIA GROUP INC Elifin's Notes: Gray Media Group, Inc, based out of Atlanta, purchases 3900 Howard Avenue, an office and television studio built in 2014, which will now be home to WVUE Fox...

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