The Pulse

The Pulse LFT: City of Lafayette purchases downtown building

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 214 Jefferson St, Lafayette, LA 70501 Type: Office Price: $6,176,250 ($146.44 / SF) Buyer: LAF-CITY Elifin's Notes: The City of Lafayette purchases the historic office property at 214 Jefferson Street along with a pair of parking lots. 5732 Johnston St, Lafayette, LA 70503 Type: Retail Price: $2,092,000 ($670.51 / SF) Buyer: BOSCOBEL DG LLC Elifin's...

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The Pulse BR: Hotel at LSU southgate sells

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 10045 Gwenadele Ave, Baton Rouge, LA 70816 Type: Hospitality Price: $5,000,000 ($45,872 / Unit) Buyer: Baton Rouge Hotel Investment LLC Elifin's Notes: Baton Rouge Hotel Investment LLC, a Florida-based company purchases a motel property on Gwenadele Avenue. 17000 Barnett Rd, Zachary, LA 70791 Type: Land Price: $4,100,000...

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The Pulse LFT: Bayou Wilderness RV Campground sold

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 600 N Wilderness Trail, Carencro, LA 70520 Type: Multifamily Price: $2,795,000 ($23,099 / Unit) Buyer: WOODSMOKE PROPERTIES, LLC Elifin's Notes: The Bayou Wilderness RV Campground sells in Carencro. 101 Mineral Rd, Broussard, LA 70518 Type: Retail Price: $1,090,084 ($117.40 / SF) Buyer: 405 REAL ESTATE LLC Elifin's Notes: A Dollar General retail property sells on...

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The Pulse NOLA: Historic firehouse in Irish Channel sold

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 4289, 4293 Lac Saint Pierre Dr, Harvey, LA 70058 Type: Multifamily Price: $2,500,000 ($104,167 / Unit) Buyer: NOLA PROPERTIES LSP LLC Elifin's Notes: A pair of apartment buildings, totaling 24-units, sell in Harvey. 514 Jackson Ave, New Orleans, LA 70130 Type: Mixed-Use Price: $1,250,000 ($245.10 / SF) Buyer: NITETRIPPERS LLC Elifin's Notes: A newly...

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The Pulse BR: Hotel in Zachary sold

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 7800 Innovation Park Dr, Baton Rouge, LA 70820 Type: Specialty Price: $12,539,727 ($171.72 / SF) Buyer: 22Beacon Facilities Corporation Elifin's Notes: 22Beacon Facilities Corporation, a Maryland-based non-profit organization, acquires a school property on Innovation Park Drive. 4415 American Way, Baton Rouge, LA 70816 Type: Office Price: $2,600,000...

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The Pulse LFT: LifePoint Church acquires new location

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 2133 Kaliste Saloom Rd, Lafayette, LA 70508 Type: Retail Price: $2,250,000 ($734.81 / SF) Buyer: SALOOM PLAZA HOLDINGS LLC Elifin's Notes: Saloom Plaza Holdings LLC acquires a convenience store at the corner of Kaliste Saloom Road and East Martial Avenue. 129 Spinner Dr, Broussard, LA 70518 Type: Industrial Price: $2,180,384 ($145.36 / SF) Buyer:...

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The Pulse NOLA: Restaurant property on St Claude Ave sold

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 2637 N Hullen St, Metairie, LA 70002 Type: Retail Price: $1,873,900 ($249.85 / SF) Buyer: 2637 N HULLEN LLC Elifin's Notes: A retail property changes ownership near Copeland Tower on North Hullen Street. 10833 Chef Menteur Hwy, New Orleans, LA 70127 Type: Retail Price: $1,300,000 ($383.93 / SF) Buyer: ZAHRAN LLC Elifin's Notes: A...

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The Pulse BR: 12 acres adjacent to Zachary Community Park sold

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 19919 Scenic Hwy, Baton Rouge, LA 70807 Type: Land Price: $675,000 ($1.19 / Land SF) Buyer: ST Development Partners LLC Elifin's Notes: ST Development Partners LLC acquires a 12+ acre parcel of land adjacent to Zachary Community Park. 12455 S Harrells Ferry Rd, Baton Rouge, LA...

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The Pulse LFT: Johnston St property sold for 3.7mm

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 4952 Johnston St, Lafayette, LA 70503 Type: Mixed-Use Price: $3,730,000 ($40.14 / SF) Buyer: DABM PROPERTIES LLC Elifin's Notes: An entity related to Doug Ashy Building Materials, founded in 1960, acquires the mixed-use property with multiple buildings next to their current location on Johnston Street. 406 Apollo Rd, Scott, LA 70583 Type:...

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The Pulse BR: 43 acres sold on Bluebonnet Blvd

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 4400 McHugh Rd, Zachary, LA 70791 Type: Healthcare Price: $7,000,000 ($159.55 / SF) Buyer: Ashbrook Oakwood LLC Elifin's Notes: Ashbrook Oakwood LLC acquires Oakwood Village Assisted Living on Mchugh Road. 1702 N Burnside Ave, Gonzales, LA 70737 Type: Office Price: $1,200,000 ($203.39 / SF) Buyer: Guillot Properties...

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