// Article originally appeared in New Orleans City Business on June 12, 2023 At the close of the week, permits were granted with regards to electrical services at 609 Jackson Avenue in New Orleans; although renovation plans were formally approved in 2016, the site has not undergone much in the way of improvement since its former occupant vacated in 1979. With...
A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 500 Seven Oaks Blvd Type: Mixed-Use Price: $3,000,000 ($152.28 / SF) Buyer: SEVEN OAKS INVESTMENTS LLC Elifin's Notes: Eddie Hamdan-led entity purchases a total of 124+ acres with a industrial building and facility on 10 acres of the site in the Bridgeview Park area of Bridge City 1621 L and...
A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 2807 Bonin Rd Type: Land Price: $1,943,680 ($3.67 / Land SF) Buyer: BONIN DEVELOPMENT LLC Elifin's Notes: Lafayette based entity purchases a 12+ acre parcel of land, a portion of a larger pre-existing parcel, on Bonin Road in Youngsville 605 Mills St Type: Land Price: $835,000 ($0.89 / Land SF) Buyer: SCOTT CITY OF Elifin's...
A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 6560 Millridge Cir Type: Multifamily Price: $29,000,000 ($151,042 / Unit) Buyer: RW SAWMILL RIDGE LLC Elifin's Notes: The Sawmill Ridge apartment complex sells in Dublin 4961 Roberts Rd Type: Retail Price: $2,321,300 ($229.54 / SF) Buyer: AGREE LIMITED PARTNERSHIP Elifin's Notes: A chain drug store property sells in Hilliard 1950 Refugee Rd Type: Industrial Price: $1,600,000 ($54.61 /...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 6330 Siegen Lane Type: Retail Price: $2,500,000 ($353.01 / SF) Buyer: SDP LA Baton Rouge 1 LLC Elifin's Notes: TJ Ribs sells its Siegen Lane location to Streamline Development Partners, an Oxford-based retail investment firm. 13435 Hooper Rd Type: Retail Price: $924,000 ($367.40 / SF) Buyer: Harlakh LLC Elifin's Notes: Local investor purchases former...
A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 3800 S Hamilton Rd Type: Retail Price: $3,180,000 ($497.19 / SF) Buyer: LONGIA PREETMOHINDER SINGH; SETHI JATINDER SINGH Elifin's Notes: Starbucks-anchored retail center sells in Groveport 2751 London Groveport Rd Type: Retail Price: $2,400,000 ($797.34 / SF) Buyer: AFFINITY 1 REALTY LLC Elifin's Notes: Retail-restaurant property sells in Grove City 7000 N High St Type: Retail Price: $2,010,000...
A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 2418 W Pinhook Rd Type: Retail Price: $1,200,000 ($185.47 / SF) Buyer: DOUBLE LIN REALTY LLC Elifin's Notes: Former Royal Panda restaurant property sells near the intersection of Verot School Road and West Pinhook Road 340 Griffin Rd Type: Land Price: $1,030,000 ($0.83 / Land SF) Buyer: OVERTON HOMES LLC Elifin's Notes: Local entity purchases...
A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 2200 Westbend Pkwy Type: Multifamily Price: $4,500,000 ($16,423 / Unit) Buyer: ZURQUI LLC Elifin's Notes: As one of three sales this week as a result of the same bankruptcy proceeding, Baton Rouge-based investors purchase the Oakmont of Algiers apartment complex in the Behrman area 1445 Lapalco Blvd Type: Land Price: $3,500,000 ($9.17...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week Tract A Sullivan Rd Type: Land Price: $1,750,000 ($158.33 / Land SF) Buyer: Central/Won LLC Elifin's Notes: Unit A of the Settlement at Shoe Creek development sells to Houston-based real estate investor. 751 W Lee Dr Type: Land Price: $1,012,000 ($20.03 / Land SF) Buyer: Benny's Lee LLC Elifin's Notes: Benny's Carwash purchases vacant...
// Article originally appeared in New Orleans City Business on June 1, 2023 Over 620 permits were issued in Orleans Parish alone over the course of the last two weeks. Although Tulane University’s desire to do so was formally announced last year, permits were granted this week to raze Irby, Phelps, and Paterson Halls. Ensconced in the near-center of campus, Paterson was...
