News

The Pulse LFT: Lamm Food Service sells NW Evangeline Thwy property

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 3219 NW Evangeline Thruway Type: Industrial Price: $6,375,000 ($130.56 / SF) Buyer: FIP MASTER FUNDING XIX LLC Elifin's Notes: Lamm Food Service's property sells in North Lafayette 515 S College Rd Type: Office Price: $1,895,000 ($64.16 / SF) Buyer: FRANCISCAN PACE INC Elifin's Notes: A Baton Rouge-based doctor purchases the two-story office building at 515...

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The Pulse CBUS: Sequoia Pro Bowl & The VolleyPark sell for 2.2mm

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 1740 Walcutt Rd Type: Industrial Price: $2,600,000 ($230.50 / SF) Buyer: RAP 1740 LLC Elifin's Notes: An industrial property sells in The Railyard area 5501 Sandalwood Blvd Type: Retail Price: $2,200,000 ($68.84 / SF) Buyer: 572 FAHRENHEIT INC Elifin's Notes: The Sequoia Pro Bowl & The VolleyPark property changes hands in the Woodward Park area 547...

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The Pulse NOLA: Three Shell gas stations sell to a Texas-based investor

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 3206 Williams Blvd Type: Retail Price: $1,600,000 ($888.89 / SF) Buyer: KMHSHELL LLC Elifin's Notes: In one of three acquisitions, Luling, Texas based investors purchase the Shell gas station/convenience store along Williams Boulevard in the Highway Park area 900 Clearview Pkwy Type: Retail Price: $1,600,000 ($666.67 / SF) Buyer: KMHSHELL LLC Elifin's Notes: In...

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The Pulse BR: Crescent Crown purchases 16+ acres on Oak Villa Blvd

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week Tract Z-2-A-1 Oak Villa Blvd Type: Land Price: $3,038,510 ($4.15 / Land SF) Buyer: Crescent Crown Distributing LLC Elifin's Notes: Crescent Crown Distributors purchases vacant lot behind the Walmart on Oak Villa Blvd. Tract 24-A Celtic Dr Type: Land Price: $900,000 ($15.59 / Land SF) Buyer: Celtic Management Corporation Elifin's Notes: Celtic Management purchase...

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Top Permits issued in the New Orleans area, September 18, 2023

// Article originally appeared in New Orleans City Business on September 18, 2023 Last week, additional permits were granted to further the development of Poydras Home, the senior living facility at the corner of Magazine Street and Jefferson Avenue. The latest phase of work to the site pertains to its amenities, slated to include a library, fitness center, yoga studio, salon,...

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The Pulse LFT: The Highlands at Grand Pointe purchased by Texas entity

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 3601 Kaliste Saloom Road Type: Multifamily Price: $16,650,000 ($143,534 / Unit) Buyer: HIGHLANDS LAFAYETTE LLC THE Elifin's Notes: The Highlands at Grand Pointe, a 116-unit apartment complex along Kaliste Saloom, will see a new name and a new owner with its sale to a Texas-based firm 122 Youngsville Hwy Type: Industrial Price: $720,000...

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The Pulse NOLA: The Prytania Park Hotel sells to local investor

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 1525 Prytania St Type: Hospitality Price: $2,115,000 ($35,847 / Unit) Buyer: DREAMING TREE INVESTMENTS LLC Elifin's Notes: In one of five transactions, a local investment entity purchases The Prytania Park Hotel, 59-units, in the Lower Garden District 3197 Richland Ave Type: Office Price: $2,050,000 ($179.87 / SF) Buyer: Sanctuary Holdings, LLC Elifin's Notes: Keller...

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The Pulse BR: Latin restaurant entity purchases property on Florida Blvd

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 9445 Greenwell Springs Rd Type: Retail Price: $650,000 ($277.19 / SF) Buyer: GFC Leasing Corp LLC Elifin's Notes: Texas-based buyers purchase former KFC location on Greenwell Springs Rd near the Monterrey Dr intersection. 6989 Florida Blvd Type: Retail Price: $650,000 ($73.55 / SF) Buyer: Los Latinos Amigos Restaurant LLC Elifin's Notes: Latin restaurant entity...

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The Pulse CBUS: Office building sells for 7.9mm in New Albany

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 7400 W Campus Rd Type: Office Price: $7,900,000 ($37.30 / SF) Buyer: NEW ALBANY BUSINESS PARK LLC Elifin's Notes: A three-story, 200,000+ sq ft, office building sells in the New Albany area 895 S State St Type: Retail Price: $1,390,000 ($270.01 / SF) Buyer: JADWALK PROPERTY GROUP LLC Elifin's Notes: Retail property sells in the...

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