The Pulse

The Pulse NOLA: Trader Joe’s purchases building in Uptown

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 4300 Peters Rd, Harvey, LA 70058 Type: Industrial Price: $4,300,000 ($143.33 / SF) Buyer: AMS REAL ESTATE LLC Elifin's Notes: AMS Real Estate has acquired a multiple building industrial property on Peters Road. 2800 N Johnson St, New Orleans, LA 70117 Type: Industrial Price: $2,000,000 ($50.00 / SF) Buyer: 2800 NORTH JOHNSON LLC Elifin's...

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The Pulse LFT: Former Burger Tyme restaurant sells along Johnston

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 6885 Johnston St, Lafayette, LA 70503 Type: Retail Price: $2,905,254 ($128.11 / SF) Buyer: AGREE STORES LLC Elifin's Notes: An auto repair shop sells on Johnston Street past East Broussard Road heading toward Maurice. 3300 Johnston St, Lafayette, LA 70503 Type: Retail Price: $915,000 ($345.28 / SF) Buyer: TREEHAVEN JOHNSTON LLC Elifin's Notes: The Burger...

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The Pulse NOLA: Metairie Towers Condominiums sells for 24.5mm

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 401 Metairie Rd, Metairie, LA 70005 Type: Multifamily Price: $24,500,000 ($111,872 / Unit) Buyer: DKA ONE LLC Elifin's Notes: The Metairie Towers Condominiums Complex sells in Old Metairie. 225 Hord St, New Orleans, LA 70123 Type: Industrial Price: $1,100,000 ($62.86 / SF) Buyer: ELLIOTT PARTNERS LTD Elifin's Notes: The owners of Elliot Electric Supply,...

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The Pulse BR: Costco-adjacent McDonalds location sells

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 10011 Dawnadele Ave, Baton Rouge, LA 70809 Type: Retail Price: $2,800,000 ($623.61 / SF) Buyer: McBaton LLC Elifin's Notes: New Jersey-based investors purchase the McDonalds next to Costco off Airline Hwy. 6071 Industrial Dr, Geismar, LA 70734 Type: Industrial Price: $1,200,000 ($160.00 / SF) Buyer: Charles Robert Carter Properties Inc Elifin's Notes:...

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The Pulse LFT: Local entity purchases 3 fast food restaurant properties

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1602 N University Ave; 4154 W Congress St, Lafayette, LA 70506 Type: Retail Price: $2,102,965 ($560.64 / SF) Buyer: RAJANE LLC Elifin's Notes: This sale includes two of the three fast food locations purchased by a local entity this past week. 400 E Bluebird Dr, Lafayette, LA 70508 Type: Land Price: $1,595,587 ($3.86...

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The Pulse NOLA: Monday restaurant property sells in Mid-City

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 821 Washington Ave, New Orleans, LA 70130 Type: Multifamily Price: $6,225,000 ($194,531 / Unit) Buyer: Housing Authority of New Orleans Elifin's Notes: Housing Authority of New Orleans purchases a 32-unit multifamily complex. 318 N Alexander St, 4327 Bienville St, New Orleans, LA 70119 Type: Retail Price: $3,700,000 ($389.27 / SF) Buyer: MONDAYS BIENVILLE...

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The Pulse BR: Local nonprofit Cat Haven purchases office building

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 4212 American Way, Baton Rouge, LA 70816 Type: Office Price: $1,550,000 ($152,905.20 / SF) Buyer: Florida - 11512 Lake Sherwood 2 LLC Elifin's Notes: Pittsburgh-based Orbital Engineering purchases office just off of S Sherwood Forest Blvd. 10710 Greenwell Springs Rd, Baton Rouge, LA 70814 Type: Retail Price: $1,525,000 ($90.77 /...

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The Pulse LFT: City of Lafayette purchases 18+ acres near Debaillon Park

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 3735 Hwy 90 E, Broussard, LA 70518 Type: Industrial Price: $2,000,000 ($44.53 / SF) Buyer: 3735 90 LLC Elifin's Notes: An industrial property with multiple buildings sells along Highway 90 in Broussard. 100BLK Chappuis Dr, Lafayette, LA 70501 Type: Land Price: $1,050,000 ($3.47 / Land SF) Buyer: ARBOURS AT ACADIANA LLC Elifin's Notes: The Arbours...

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The Pulse NOLA: Estella’s Home retail property sells for 1.45mm

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 601 N Frisco Ave, Metairie, LA 70005 Type: Retail Price: $1,450,000 ($290.00 / SF) Buyer: FRISCO ESTELLE LLC Elifin's Notes: Frisco Estelle LLC acquires the Estella's Home property at the intersection of Frisco Avenue and Metairie Road. 122, 126 Harrison Ave, New Orleans, LA 70124 Type: Office Price: $969,000 ($519.85 / SF) Buyer:...

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The Pulse BR: City of Baton Rouge purchases property on Greenwell St

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 324 Lee Dr, Baton Rouge, LA 70808 Type: Retail Price: $1,700,000 ($242.86 / SF) Buyer: Shree Raina 324 Lee LLC Elifin's Notes: Local investors purchase retail center on Lee Dr. 320 Lee Dr, Baton Rouge, LA 70808 Type: Retail Price: $1,550,000 ($221.43 / SF) Buyer: Shree Geeta 320 LLC Elifin's Notes: Local...

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