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The Pulse NOLA: Algiers Plaza shopping center sells for 35mm

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 4100 General De Gaulle Dr Type: Retail Price: $35,000,000 ($145.22 / SF) Buyer: ALGIERS PLAZA, LLC Elifin's Notes: California-based entity purchases the Algiers Plaza shopping center for 35 MM 1010-1022 Louisiana Ave Type: Multifamily Price: $1,900,000 ($316,667 / Unit) Buyer: SHEFFIELD CAPITAL SOLUTIONS LLC Elifin's Notes: Through three separate transactions, a local investor purchases...

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The Pulse CBUS: Crosswoods office property sells for 7.6mm

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 400 E Campus View Blvd Type: Office Price: $7,626,000 ($58.28 / SF) Buyer: CAMPUS VIEW HOLDINGS LLC Elifin's Notes: Office building property on two parcels of land sells in the Crosswoods area 4522 Hickory Chase Way Type: Land Price: $5,250,000 ($8.02 / Land SF) Buyer: BRITTON PARK APARTMENTS LLC Elifin's Notes: Britton Park Apartments LLC...

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The Pulse BR: Central Oil & Supply purchase property off S Choctaw

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 10632 Hillary Ct Type: Office Price: $1,500,000 ($285.71 / SF) Buyer: Arkansas Elder Outreach of Little Rock Inc Elifin's Notes: Elder Outreach, a non-profit specializing in senior care, purchases office building off of Bluebonnet Blvd. 11606 Southfork Ave (Building B) Type: Office Price: $505,000 ($147.27 / SF) Buyer: Be Cool Holdings LLC Elifin's Notes:...

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Top Permits issued in the New Orleans area, July 24, 2023

// Article originally appeared in New Orleans City Business on July 24, 2023 Last week, permits were granted with regards to HVAC units at 420 Julia Street. Constructed in the 1880s, the former site of the Louisiana Children’s Museum was sold in 2019 to Nashville-based developer AJ Capital. Rumors about programming and use have swirled since the transaction took place, with...

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The Pulse LFT: Land adjacent to Acadiana Mall sold

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 5643 Johnston St Type: Land Price: $225,000 ($2.46 / Land SF) Buyer: CLOTEAUX PROPERTIES LLC Elifin's Notes: Local investor purchases 2.1+ acres off of Johnston Street between the Best Buy and the Acadiana Mall Commercial Permits Issued Last Week .tg {border-collapse: collapse;border-color: #ccc;border-spacing: 0;border: 1px solid rgba(0, 0, 0, 0.12);background-color: #fff;width: 100%;} .tg...

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The Pulse CBUS: Smith’s Mill Health Campus sells for 16.3mm

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 7320 Smith's Mill Rd Type: Healthcare Price: $16,282,586 ($194.52 / SF) Buyer: NEW ALBANY PROPERTY LLC Elifin's Notes: A Kentucky-based entity purchases Smith's Mill Health Campus, an assisted living facility located in the New Albany area 2874 Morse Rd Type: Retail Price: $9,539,000 ($338.65 / SF) Buyer: 2900 MORSE ROAD LLC Elifin's Notes: Auto dealership...

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The Pulse NOLA: Huntington Park apartments sell for 15mm

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 7019 Crowder Boulevard Type: Multifamily Price: $15,000,000 ($93,750 / Unit) Buyer: Huntington Park 23 LLC Elifin's Notes: Northeastern-based investor purchases the Huntington Park apartments in the Little Woods area 2543 Perdido St Type: Land Price: $2,100,000 ($31.93 / Land SF) Buyer: Perdido St__2543 Elifin's Notes: Investor purchases 1.5+ acres of commercial land with 15,000...

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The Pulse BR: Multifamily developer purchases 6 acres on Picardy Ave

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week Tract 2X Picardy Ave Type: Land Price: $6,175,000 ($22.15 / Land SF) Buyer: The Heights at Picardy LLC Elifin's Notes: The STOA Group, a Hammond-based multifamily development firm, purchase 6+ acres on Picardy Ave. 11412 Lake Sherwood Ave N Type: Office Price: $710,000 ($151.39 / SF) Buyer: LSABR LLC Elifin's Notes: Creekstone Office Park...

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