News

08 Feb The Pulse Northshore: Crossroads Cat Clinic owners purchase their location

Posted at 16:13h in Research, The Pulse, The Pulse: Northshore by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of The Northshore. Commercial Sales Recorded Last Week 25064 Hwy 22, Ponchatoula, LA 70454 Type: Land Price: $275,000 ($0.90 / Land SF) Buyer: D&L FLEURY INVESTMENTS LLC Elifin's Notes: A pair of local business owners purchase a 7 acre tract of land on Hwy 22. 2205 W Church St, Hammond, LA 70401 Type: Retail Price: $195,000 ($135.42 / SF) Buyer: AMY...

08 Feb The Pulse LFT: Apartment complex sold for 5.4mm

Posted at 16:06h 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 1205 Garber Rd, Broussard, LA 70518 Type: Multifamily Price: $5,400,000 ($135,000 / Unit) Buyer: LEGACY AT OXFORD COURT LLC Elifin's Notes: A 40-unit multifamily property changes ownership on Garber Road. 406 Beau Pre Rd, Lafayette, LA 70508 Type: Industrial Price: $2,050,000 ($143.96 / SF) Buyer: MONTOYA, OSCAR AUGUSTO Elifin's Notes: A California-based investor acquires an...

08 Feb The Pulse NOLA: Dmac’s Bar & Grill property sold

Posted at 15:55h 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 1229 St Thomas St, New Orleans, LA 70130 Type: Office Price: $1,600,000 ($245.14 / SF) Buyer: ROYAL JUG & GUN CLUB LLC Elifin's Notes: A newly renovated office property sells on Saint Thomas Street. 312 St Charles Ave, New Orleans, LA 70130 Type: Mixed-Use Price: $1,100,000 ($144.74 / SF) Buyer: 314 ST CHARLES...

08 Feb The Pulse BR: Downtown hotel sold to Orlando-based company

Posted at 15:42h 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 8585 Summa Ave, Baton Rouge, LA 70816 Type: Healthcare Price: $10,000,000 ($572.67 / SF) Buyer: Holly Court Propco LLC Elifin's Notes: The Holly Court assisted living facility sells to a Miami-based company. 37091 E Hwy 30, Geismar, LA 70734 Type: Land Price: $6,375,000 ($4.83 / Land SF)...

04 Feb Repositioning an Underperforming Office Building for Long-Term Success

Posted at 07:26h in Results by ELIFIN® 0 Comments

ELIFIN®’s Fabian Edwards, turned the office located at 5420 Corporate Blvd into a case study in value creation through strategic repositioning and owner occupancy. Challenge The property at 5420 Corporate Blvd is a 30,663 square foot office building located in a highly desirable submarket, yet it faced a difficult situation. Despite its strong location, the property was only 45% occupied and had...

04 Feb Guiding a Complex Rezoning to Deliver Community Impact

Posted at 07:23h in Results by ELIFIN® 0 Comments

Noah Loveland of ELIFIN®, specializing in Retail Sales & Leasing, represented the seller in the successful transaction at 2328 Metairie Rd. Challenge The sale presented a unique regulatory challenge. While the ±16,726 square foot, Class A mixed-use property was well located in the heart of Old Metairie, the buyer’s intended use, a 24-hour emergency and specialty veterinary hospital, was not permitted under...

02 Feb The Pulse Northshore: Gas station on E Pine Street sold

Posted at 09:28h in Research, The Pulse, The Pulse: Northshore by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of The Northshore. Commercial Sales Recorded Last Week 701 E Pine St, Ponchatoula, LA 70454 Type: Retail Price: $800,000 ($444.44 / SF) Buyer: HARMAN ENTERPRISES LLC Elifin's Notes: A convenience store/gas station sells in Ponchatoula along East Pine Street. 18574 Hwy 22, Ponchatoula, LA 70454 Type: Land Price: Withheld Buyer: ANAMAR PROPERTIES LLC Elifin's Notes: A 2+ acre tract of land sells...

02 Feb The Pulse LFT: Acadian Ambulance acquires Boys & Girls Club building

Posted at 09:21h 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 1013 S Hugh Wallis Rd, Lafayette, LA 70508 Type: Land Price: $575,000 ($4.00 / Land SF) Buyer: GSL HOMES LLC Elifin's Notes: This 3+ acre parcel of land, according to the plat map, is divided into 2 commercial and 8 residential lots. 417 W Main St, Broussard, LA 70518 Type: Retail Price: $430,000...

02 Feb The Pulse NOLA: Le Pavilion luxury hotel sells

Posted at 09:13h 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 3701 Hwy 90, Avondale, LA 70094 Type: Self-Storage Price: $5,100,000 ($35,915 / Unit) Buyer: 3701 US 90 PROPERTY OWNER LLC Elifin's Notes: A self-storage property changes hands adjacent to Snow Hilton Park on Highway 90 in Avondale. 247 W Harrison Ave, New Orleans, LA 70124 Type: Retail Price: $1,450,000 ($327.31 / SF) Buyer:...

02 Feb The Pulse BR: $30mm permit issued for Our Lady of The Lake

Posted at 09:04h 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 17363 Vallee Ct, Prairieville, LA 70769 Type: Industrial Price: $465,000 ($66.43 / SF) Buyer: Intense Volleyball L3C Elifin's Notes: An industrial property with a pair of connected metal warehouses sells on Vallee Court. 41063 Don Lou Dr, Gonzales, LA 70737 Type: Industrial Price: $430,000 ($86.00 / SF) Buyer: Owens, Casey John Elifin's...