News

The Pulse NOLA: New Medical office sells for 2.8mm

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 2405 Sanctuary Dr Type: Specialty Price: $2,800,000 Buyer: NEW ORLEANS MILITARY AND MARITIME ACADEMY INC Elifin's Notes: The Algiers Development District sells to the New Orleans Military and Maritime Academy its' own campus and additional property in the Whitney area of Algiers 2558 Barataria Blvd Type: Office Price: $2,388,039 Buyer: FCPT HOLDINGS LLC Elifin's...

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The Pulse LFT: Multi-tenant retail building sold for 710k

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 2801 Kaliste Saloom Rd Type: Retail Price: $710,000 ($69.34 / SF) Buyer: J&A COMMERCIAL HOLDINGS LLC Elifin's Notes: Local investors purchase a multiple unit retail property at the corner of Kaliste Saloom Road and Kensington Drive 1921 Kaliste Saloom Rd Unit 203B Type: Office Price: $600,000 ($253.06 / SF) Buyer: FONTENOT WEALTH GROUP LLC Elifin's...

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The Pulse CBUS: Goodwill Corporate building sold for 11mm

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 1331 Edgehill Rd Type: Office Price: $11,300,000 ($94.57 / SF) Buyer: WC ECP EDGEHILL LLC Elifin's Notes: Goodwill's corporate office sells along the corner of West Fifth Avenue and Edgehill Road 5075 Fisher Rd Type: Land Price: $10,000,000 ($12.19 / Land SF) Buyer: OHIO POWER COMPANY Elifin's Notes: The Ohio Power Company purchases 18+ acres...

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The Pulse BR: Range USA off Millerville sold

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 13505 Millerville Greens Blvd Type: Retail Price: $4,610,628 ($317.97 / SF) Buyer: Miller Hunt LLC Elifin's Notes: Range USA, a gun shop and gun range off Millerville, sells to an Illinois-based buyer. 12222 Florida Blvd Type: Retail Price: $1,076,821 ($147.51 / SF) Buyer: Agree Stores LLC Elifin's Notes: Advanced Auto...

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The Pulse LFT: 44 Unit Mobile Home Park in Carencro sells

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 314 Malapart Rd Type: Multifamily Price: $1,050,000 ($23,864 / Unit) Buyer: STANLEY MALAPART OAKS LLC Elifin's Notes: A 44-unit Mobile Home Park sitting on 6 acres of land sells along Malapart Road in South Carencro 208 Spring Farm Rd Type: Land Price: $968,993 ($20.00 / Land SF) Buyer: MD4 PROPERTIES LLC Elifin's Notes: Local investor...

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The Pulse CBUS: Winchester Pike office building sells for 1mm

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 3303 Winchester Pike Type: Office Price: $1,095,000 ($130.05 / SF) Buyer: WINCHESTER PIKE REAL ESTATE LLC Elifin's Notes: An entity purchases an office building sitting on three parcels of land along Winchester Pike 1094 Mckinley Ave Type: Industrial Price: $750,000 ($99.13 / SF) Buyer: CEEGEE HOLDINGS LLC Elifin's Notes: Industrial property sells on McKinley Avenue...

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The Pulse NOLA: Ochsner Foundation purchases large retail building

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 6166 Elysian Fields Ave Type: Retail Price: $1,200,000 ($383.75 / SF) Buyer: HAZA FOODS OF NORTHEAST LLC Elifin's Notes: Fast Food property sells in the St. Anthony area 2830 Bell St Type: Mixed-Use Price: $1,078,000 ($176.95 / SF) Buyer: JG2 PROPERTIES LLC Elifin's Notes: Local investors purchase a mixed-use property with 7 apartments and...

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The Pulse BR: Villas at Riverbend sells for 23.7mm

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 5689 River Road Type: Multifamily Price: $23,750,000 ($77,110 / Unit) Buyer: Riverbend Owners LLC Elifin's Notes: Ashland Capital, an Illinois-based real estate investment firm, purchase the Villas at Riverbend, a 308 unit student housing complex near LSU. 9105 Park Bluff Dr Type: Land Price: $6,000,000 ($7.65 / Land SF) Buyer: Penske Truck Leasing...

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Top Permits issued in the New Orleans area, April 29 – May 11, 2023

// Article originally appeared in New Orleans City Business on May 15, 2023 One of my favorite parts of being a commercial real estate agent is being privy to new concepts in our market. Although these additions do not always come to fruition, I have always enjoyed culling newly issued permits as a means of ascertaining their viability and gauging activity. While...

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The Pulse LFT: Gas station off I-10 in Scott sells for 3mm

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 202 N Ambassador Caffery Pkwy Type: Retail Price: $3,050,000 ($610.00 / SF) Buyer: ZAREEN ENTERPRISE LLC Elifin's Notes: Local investors purchase a gas station/convenience store property right off of the I-10 Ambassador Caffery exit in Scott 409 S Bernard Rd Type: Industrial Price: $3,000,000 ($119.05 / SF) Buyer: BERNARD RD NO 1 LLC Elifin's Notes:...

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