News

The Pulse CBUS: Market Mohawk Apartments sold for over 12 million

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 377 S Grant Ave, Columbus, OH 43215 Type: Multifamily Price: $12,075,000 ($128,457 / Unit) Buyer: MARKET MOHAWK APARTMENTS LLC Elifin's Notes: The Market-Mohawk Apartments complex, 94-units, changes hands at the intersection of East Mound Street and South Grant Avenue 3734 W Dublin Granville Rd, Columbus, OH 43235 Type: Retail Price: $4,532,000 ($1,342.42 /...

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The Pulse NOLA: Best Western property sells for 3 million

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 3900 Howard Ave, New Orleans, LA 70125 Type: Specialty Price: $10,000,000 ($280.48 / SF) Buyer: GRAY MEDIA GROUP INC Elifin's Notes: Gray Media Group, Inc, based out of Atlanta, purchases 3900 Howard Avenue, an office and television studio built in 2014, which will now be home to WVUE Fox...

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The Pulse LFT: SLEMCO purchases 4.3 acres

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 2502 S College Rd, Lafayette, LA 70508 Type: Retail Price: $2,275,000 Buyer: 2502 S COLLEGE LLC Elifin's Notes: A Lake Charles-based entity purchases a newly constructed gas station/convenience store property at the corner of South College and Verot School Road 1029 Savoy Rd, Youngsville, LA 70592 Type: Land Price: $1,150,000 ($6.01 / Land...

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The Pulse BR: Assisted living facility on Siegen sells for 29mm

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 9394 Siegen Lane, Baton Rouge, LA 70810 Type: Multifamily Price: $29,000,000 ($290,000 / Unit) Buyer: 9394 Siegen Lane Propco LLC Elifin's Notes: The Barclay House of Baton Rouge, an assisted living facility in Baton Rouge, sells to Welltower Inc, a real estate investment firm out of Toledo, OH. 3700 East...

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The Pulse LFT: Lafayette Health Club property on Kaliste Saloom Rd sells

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 114 Eunice St, Lafayette, LA 70508 Type: Retail Price: $1,400,000 ($109.29 / SF) Buyer: 114 EUNICE LLC Elifin's Notes: New Orleans-based investors purchase another Camp Bow-Wow property to add to their purchase of a New Orleans location last year 2905 Kaliste Saloom Rd, Lafayette, LA 70508 Type: Retail Price: $1,000,000 ($83.44 / SF) Buyer:...

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The Pulse BR: Baton Rouge Airport purchases local shopping center and car wash

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week Tract Z-2-A-3-B N Airway Dr, Baton Rouge, LA 70815 Type: Land Price: $2,402,382 ($2.89 / Land SF) Buyer: Old Dominion Freight Line, Inc Elifin's Notes: Old Dominion Freight Line, Inc purchases land near the Amazon fulfillment center. 8188 Plank Rd, Baton Rouge, LA 70811 Type: Retail Price: $2,270,000 ($39.33 / SF) Buyer: The...

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The Pulse NOLA: Vacant shopping center sells for 1.8mm

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 1075 Peters Rd, Harvey, LA 70058 Type: Industrial Price: $2,000,000 ($104.31 / SF) Buyer: D&J PETERS ROAD PROPERTIES LLC Elifin's Notes: A local entity purchases the former Chevron Harvey Terminal industrial property which includes two buildings on 7+ acres of land 1951 Ames Blvd, Marrero, LA 70072 Type: Retail Price: $1,800,000 ($62.50...

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The Pulse CBUS: Pennsylvania-based company purchases industrial portfolio for 55mm

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 5900 N Meadows Dr, Columbus, OH 43123 Type: Industrial Price: $23,743,974 ($123.28 / SF) Buyer: EXETER 5900 MEADOWS LP Elifin's Notes: In one of three purchases this past week, a Pennsylvania-based real estate investment company purchases a 192,000+ square foot warehouse distribution center property near London Groveport Road and I-71 5701...

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The Pulse LFT: Clarion Pointe Hotel sells for 2.27mm

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1015 W Pinhook Rd, Lafayette, LA 70503 Type: Hospitality Price: $2,275,000 ($45,500 / Unit) Buyer: OM SHANTI OM ELEVEN LLC Elifin's Notes: Local hotel owners purchase the Clarion Pointe Hotel along West Pinhook near the Oil Center 8500BLK Cameron St, Duson, LA 70529 Type: Land Price: $1,018,300 ($0.12 / Land SF) Buyer: MORSAM PROPERTIES...

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The Pulse CBUS: Allbridge Rehabilitation and Nursing Center property sells

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 5500 E Broad St, Columbus, OH 43213 Type: Healthcare Price: $4,352,134 ($141.29 / SF) Buyer: COLUMBUS 5500 PROPERTY HOLDINGS LLC Elifin's Notes: The Allbridge Rehabilitation and Nursing Center property, sitting on two parcels, changes hands in the Blacklick area 3940 Lyman Dr, Columbus, OH 43026 Type: Retail Price: $2,800,000 ($118.21 / SF) Buyer: LIFEWISE...

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