News

The Pulse LFT: Pathway Church purchases their Southcity Pkwy location

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 200 Southcity Pkwy, Lafayette, LA 70503 Type: Specialty Price: $1,827,829 ($146.46 / SF) Buyer: PATHWAY CHURCH INC Elifin's Notes: Pathway Church Inc. purchases the specialty property which they occupy along Southcity Parkway 100 Cheyenne Dr, Scott, LA 70583 Type: Multifamily Price: $1,089,000 ($60,500 / Unit) Buyer: CASTLE ROW LLC Elifin's Notes: An 18-unit, all 2BR/1BA...

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The Pulse CBUS: Advance Auto Parts property sells along W Broad

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 3795 Lockbourne Industrial Pkwy, Columbus, OH 43207 Type: Industrial Price: $2,650,000 ($758.01 / SF) Buyer: QUICKER PROPERTY HOLDINGS LLC Elifin's Notes: An industrial property with an office on 8+ acres of land sells along Lockbourne Industrial Parkway 3612 W Broad St, Columbus, OH 43228 Type: Retail Price: $1,195,000 ($137.55 / SF) Buyer: E&R PROPERTY...

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The Pulse NOLA: Gilmore Park Apartments sell for 4.1mm

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 1315 Southlawn Blvd, New Orleans, LA 70114 Type: Multifamily Price: $4,100,000 ($53,947 / Unit) Buyer: PG REALTY PRO LLC Elifin's Notes: Local entrepreneur purchases the Gilmore Park Apartments near Delgado Community College on the West Bank 5212 South Claiborne Ave, New Orleans, LA 70115 Type: Specialty Price: $1,920,000 ($136.32 / SF) Buyer: CHURCH...

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The Pulse BR: Geismar industrial properties sold for 7.2mm

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 6014, 6124 Copperhead Rd, Geismar, LA 70734 Type: Industrial Price: $4,200,000 ($148.94 / SF) Buyer: Casso Enterprises LLC Elifin's Notes: In one of two purchases this past week, Casso Enterprises LLC purchases two non-adjacent properties within the Copperhead Industrial area in Geismar 6087, 6091 Copperhead Rd, Geismar, LA...

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The Pulse LFT: Lafayette Parish purchases 6-acre parcel

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1001 E Saint Mary Blvd 725 Coolidge St, Lafayette, LA 70503 Type: Office Price: $630,000 ($58.70 / SF) Buyer: VALE REAL ESTATE INVESTMENTS LLC Elifin's Notes: A mult-tenant office building sells in the Oil Center at the Corner of Coolidge Street and East Saint Mary Boulevard 623 Albertson Pkwy 404, 408 Kelsea Drive,...

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The Pulse CBUS: Hidden Lakes Winery property sells

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 4060 Perimeter Dr, Columbus, OH 43228 Type: Industrial Price: $3,200,000 ($415.37 / SF) Buyer: TWAY COLUMBUS LLC Elifin's Notes: An industrial truck terminal sells at Perimeter Drive near I-70 2926, 2944 Sandridge Ave, Columbus, OH 43224 Type: Multifamily Price: $2,100,000 ($75,000 / Unit) Buyer: EASTON TOWNHOMES LLC Elifin's Notes: The 28-unit Sandridge Apartment complex sells...

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The Pulse NOLA: Petite Esplanade shopping center in Metairie sold

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 3216, 3304 W Esplanade Ave, Metairie, LA 70002 Type: Retail Price: $2,800,000 ($170.94 / SF) Buyer: 3216 3304 WEST ESPLANADE LLC Elifin's Notes: The Petite Esplanade Shopping Center changes hands in Metairie 2717 Massachusetts Avenue, Metairie, LA 70003 Type: Land Price: $775,000 ($31.77 / Land SF) Buyer: GMB PROPERTIES 8900 VETERANS LLC Elifin's Notes:...

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The Pulse BR: Walgreens on Highland sold to NY Investor

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 5298 Highland Rd, Baton Rouge, LA 70808 Type: Retail Price: $3,550,000 ($287.80 / SF) Buyer: 5298 Highland Rd LLC Elifin's Notes: Walgreens location on the corner of Highland Rd and Lee Dr sells to New York-based investor. 571 Kornmeyer Plaza Drive, Baton Rouge, LA 70806 Type: Industrial Price:...

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Market Report – New Orleans, LA – April 2024

Overall Dollar Volume is steady The trailing 12 month total dollar volume of sales was $731.5M at the end of Apr 2024. Overall Deal Velocity is steady The trailing 12 month sale count was 398 at the end of Apr 2024.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/05/Market-Report-New-Orleans-LA-April-2024.pdf" attachment_id="11598" viewer_width=100% viewer_height=800px fullscreen=true download=true print=true]...

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Market Report – Baton Rouge, LA – April 2024

Overall Dollar Volume is down 7.73% The trailing 12 month total dollar volume of sales was $545.8M at the end of Apr 2024 vs. $591.5M at the end of the prior month. Overall Deal Velocity is steady The trailing 12 month sale count was 397 at the end of Apr 2024.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/05/Market-Report-Baton-Rouge-LA-April-2024.pdf" attachment_id="11597" viewer_width=100% viewer_height=800px fullscreen=true download=true print=true]...

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