News

The Pulse BR: The Lodges at 777 on Ben Hur sell

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 777 Ben Hur Road Type: Multifamily Price: $84,400,000 ($220,942 / Unit) Buyer: LMP Baton Rouge Property Owner LLC Elifin's Notes: The Lodges at 777, a 382 unit apartment complex near LSU's campus, sells to Landmark Properties, a Georgia-based multifamily investment firm. 18222 E Petroleum Dr Type: Industrial Price: $3,800,000 ($124.50 / SF) Buyer:...

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The Pulse CBUS: Obetz area self-storage facility sells for 3mm

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 3901 Groveport Rd Type: Self-Storage Price: $3,000,000 ($13,761 / Unit) Buyer: RUDOLPH SELF STORAGE LLC Elifin's Notes: Self-storage facility property sells in the Obetz area 100 Fornoff Rd Type: Industrial Price: $2,300,000 ($48.90 / SF) Buyer: FORNOF PROPERTIES LLC Elifin's Notes: Located at 84-100 Fornoff Road, this multi-faceted industrial property sells in the Scioto Southland...

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Top Permits issued in the New Orleans area, July 10, 2023

// Article originally appeared in New Orleans City Business on July 10, 2023 Prior to the Fourth of July holiday, permits were issued to 921 Canal Street for continuing renovations to guestrooms, corridors, and a lounge area refresh. With a planned completion for late 2023, these upgrades are the latest in a slew of upgrades being performed at the Ritz-Carlton. In...

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The Pulse LFT: Three more downtown properties sold on Jefferson St

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 315 S College Rd Type: Office Price: $3,500,000 ($62.38 / SF) Buyer: JCD FAMILY PROPERTY HOLDINGS LLC; BILLET LLC Elifin's Notes: Lafayette investors team up to purchase an office building off of South College Drive 417 Jefferson St Type: Retail Price: $1,158,000 ($116.97 / SF) Buyer: GROUSE ROOM LLC THE Elifin's Notes: Entity purchases restaurant/bar...

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The Pulse NOLA: Land sells on Elmwood Park for 1mm

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 1090 Elmwood Park Blvd Type: Land Price: $1,000,000 ($25.51 / Land SF) Buyer: JEFFERSON PARISH EMPLOYEES FEDERAL CREDIT UNION Elifin's Notes: Nearly an acre of vacant commercial land sells in the Elmwood Industrial Park area 1418 Magazine St Type: Mixed-Use Price: $800,000 ($252.05 / SF) Buyer: Midcity Holdings, LLC of LA Elifin's Notes: Mixed...

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The Pulse CBUS: Industrial Property sells for 21 Million

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 4300 Janitrol Rd Type: Industrial Price: $21,000,000 ($42.93 / SF) Buyer: COLUMBUS INDUSTRIAL ASSOCIATES LLC Elifin's Notes: Industrial warehouse center property sells in the Westland area 40 Mcmillen Ave Type: Multifamily Price: $1,925,000 ($106,944 / Unit) Buyer: Bowers, Julie; Bowers, Jason Elifin's Notes: Multifamily property sells in the South Campus area 3712 Ridge Mill Dr Type: Office Price:...

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The Pulse BR: 364 acres purchased for new neighborhood

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week Old Scenic Hwy at Groom Rd Type: Land Price: $2,750,000 ($0.18 / Land SF) Buyer: Trivento Development LLC Elifin's Notes: Developer Arthur Lancaster purchases 364 acres on the corner of Old Scenic Hwy and Groom Rd with plans to develop a residential neighborhood. 12110 Old Hammond Hwy Type: Retail Price: $400,000 ($55.17...

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Mayor-President to attend Mid City Tower Ribbon Cutting and Grand Opening

July 7, 2023- Baton Rouge, LA – Fabian Edwards, Office Specialist at ELIFIN®, is pleased to announce the official ribbon cutting ceremony and grand opening celebration of the newly renovated Mid City Tower, located at 5700 Florida Blvd, Baton Rouge, 70806. Over the last two years, owner Mike Leggett has brought the nearly 80,000 square foot Mid City Tower through an...

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The Pulse BR: 8-story office building on Florida Blvd sold

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 11720 Perkins Rd Type: Land Price: $1,600,000 ($11.62 / Land SF) Buyer: Jonathan Cheplak Elifin's Notes: Nevada-based buyer purchases a commercially zoned lot of 3+ acres on Perkins Rd. 10313 Jefferson Hwy Type: Land Price: $615,000 ($9.35 / Land SF) Buyer: DO Jefferson LLC Elifin's Notes: Local investors purchase 1.5+ acres on Jefferson Hwy. 5835...

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The Pulse NOLA: Investors purchase 31 acres in Segnette Park area

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 3841 Ulloa Street Type: Multifamily Price: $1,675,000 ($83,750 / Unit) Buyer: Ulloa Street LLC Elifin's Notes: Active local investor purchases a 20-unit multifamily property in the Tulane/Gravier area 412 Westwood Dr Type: Multifamily Price: $560,000 ($46,667 / Unit) Buyer: EAGLE EQUITIES LLC Elifin's Notes: Multifamily property sells in the Westwood area of Marrero 3427 Jefferson...

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