News

20 Feb The Pulse NOLA: Magnolia Mansion in Garden District sells

Posted at 08:58h 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 2515-2517, 2519-2521 Chartres St Type: Hospitality Price: $1,500,000 ($136,364 / Unit) Buyer: 2515-21 CHARTRES LLC Elifin's Notes: Local investors purchase the, 11-unit, Lions Inn Bed & Breakfast in the Marigny in two separate transactions. 132 Allen Toussaint Blvd Type: Office Price: $922,000 ($384 / SF) Buyer: DUKE LANA Elifin's Notes: Local purchaser acquires a...

20 Feb The Pulse BR: National developer purchases Circle K on Jefferson

Posted at 08:46h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 7475 Jefferson Hwy Type: Retail Price: $1,583,659 ($541 / SF) Buyer: DSJB V LLC Elifin's Notes: Brand Growth Inc, a Southern California-based national retail developer and strategic consulting firm, purchase Circle K property on the corner of Jefferson Hwy and Lobdell Ave. 14550 Florida Blvd Type: Retail Price: $1,350,000 ($72 / SF) Buyer:...

13 Feb The Pulse NOLA: Gretna convenience store sells for 3.1mm

Posted at 09:47h 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 101 Westbank Expy Type: Retail Price: $3,100,000 ($4,429 / SF) Buyer: HALO 17 LLC Elifin's Notes: Local investors purchase a centrally located Convenience Store/Gas Station property along the Westbank Expressway in Gretna 2331 Pailet Ave Type: Industrial Price: $615,000 ($38 / SF) Buyer: GOLDIN PROPERTIES INC Elifin's Notes: Mississippi-based investors purchase a 16,400 sq...

13 Feb The Pulse BR: Mid-City office warehouse sells for 3.93mm

Posted at 09:38h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 415 N 15th St Type: Office Price: $3,930,000 ($25 / SF) Buyer: Baton Rouge QOZ Self-Storage LLC Elifin's Notes: The Inland Real Estate Group of Companies, an Illinois-based real estate and finance group, purchase 4 story office building with warehouse and flex space options near Mid City. 4550 North Blvd Type:...

06 Feb The Pulse NOLA: St. Bakhita Apartments in Marrero sell for 3mm

Posted at 09:30h 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 8814 Veterans Memorial Blvd Type: Retail Price: $4,600,000 ($141 / SF) Buyer: LUCKY SEVEN LLC Elifin's Notes: This two-story, 32,740 sq ft, retail center with 14 units in the Westgate area was bought as part of an Anthony Marullo and Bradley Jongbloed investment team purchase of two retail centers...

06 Feb The Pulse BR: City of Zachary purchases lot behind Wendy’s

Posted at 09:13h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 14707 Perkins Rd Type: Office Price: $2,100,000 ($250 / SF) Buyer: EJW Properties LLC Elifin's Notes: Local investor purchases Perkins Rd office building on 1.5 acres. 2618 Wooddale Blvd Type: Office Price: $1,128,750 ($8 / SF) Buyer: 1008 Jourdan SPE LLC Elifin's Notes: Natchitoches-based buyer purchases Windsor Court Office Plaza near the corner of...

30 Jan The Pulse NOLA: Esplanade Mall in Kenner sells for 10mm

Posted at 09:29h 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 1401 W Esplanade Ave Type: Retail Price: $10,000,000 ($14 / SF) Buyer: PACIFICA KENNER LLC Elifin's Notes: Illinois-based developer purchases the Esplanade Mall property in Kenner 3216 W Esplanade Ave Type: Retail Price: $2,350,000 ($143 / SF) Buyer: LUCKY SEVEN LLC Elifin's Notes: The 16,380 sq ft, 16-unit, Petite Esplanade Shopping Center was bought...

30 Jan The Pulse BR: Former Farm Bureau HQ on Airline Hwy sells

Posted at 09:22h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 9516 Airline Hwy Type: Office Price: $4,780,000 ($66 / SF) Buyer: HIV/Aids Alliance for Region Two (HAART), Inc Elifin's Notes: HAART Inc, a local HIV/AIDS healthcare organization, purchase former Farm Bureau headquarters on Airline Hwy. 3849 Plaza Tower Dr Type: Portfolio Price: $435,000 ($73 / SF) Buyer: Meridian MVC Pathway Baton Rouge LLC Elifin's...

24 Jan ELIFIN® Announces New Orleans Expansion

Posted at 11:40h in News, Press Releases by ELIFIN® 3 Comments

January 24, 2023 – ELIFIN®, a commercial real estate brokerage firm with national ambitions, is excited to announce the opening of its office in the New Orleans-Metairie MSA. “Not only will we be better able to serve our existing clients that have a footprint here, but we plan on implementing ELIFIN®’s ultra-specialist model that has been so well received by commercial...

23 Jan The Pulse NOLA: WWII Museum purchases 15,000 sf warehouse on Magazine Street

Posted at 09:05h 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 1060 Magazine St Type: Retail Price: $2,138,000 ($143 / SF) Buyer: NATIONAL WORLD WAR II MUSEUM INC Elifin's Notes: The World War II Museum purchases a 15,000 sq foot multi-use warehouse space along Magazine Street in the Warehouse District 2600-2602 Chartres St, 535 Franklin Ave Type: Retail Price: $1,150,000 ($259 / SF) Buyer:...