News

The Pulse LFT: T-Frere’s Bed and Breakfast sells

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 605 W Congress St Type: Office Price: $970,000 ($266.85 / SF) Buyer: PREMIER STAFFING LLC Elifin's Notes: Local entity purchases office property fronting on West Congress Street between Saint John St and South Washington St 2309 W Pinhook Rd Type: Mixed-Use Price: $950,000 ($203.56 / SF) Buyer: LAM, SON BINH; TRAN, TRAM NGUYEN THU Elifin's...

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The Pulse CBUS: Bob Evans location on E Main St sells

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 4180 Steltzer Rd Type: Retail Price: $1,900,000 ($287.88 / SF) Buyer: GRAY GABLES REALTY LLC Elifin's Notes: Automotive Repair Store sells in the Strawberry Farms area 5970 E Main St Type: Retail Price: $1,483,139 ($262.50 / SF) Buyer: COT BOB 44 COLUMBUS LLC Elifin's Notes: Bob Evans family restaurant location sells on E Main St...

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Top Permits issued in the New Orleans area, June 26, 2023

// Article originally appeared in New Orleans City Business on June 26, 2023 Over the past few weeks, permits have been filed for the ongoing new construction at 1300 Oretha Castle Haley Boulevard. Part of the former Brown’s Dairy site, the property named H3C Apartments is aimed to address the growing need for affordable housing, providing 192 new apartments, with 92...

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The Pulse NOLA: Bella Plaza retail center sells to local investors

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 4412 Trenton St Type: Office Price: $700,000 ($201.96 / SF) Buyer: WEM REALTY LLC Elifin's Notes: Local investor purchases office property in the Pontchartrain Garden area 3826 General De Gaulle Dr Type: Retail Price: $600,000 ($202.43 / SF) Buyer: 3826 GENERAL LLC Elifin's Notes: Retail property sells in Algiers 4324 Downman Rd Type: Retail Price: $545,000 ($77.30...

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The Pulse CBUS: Red Robin location on Stringtown Rd sells

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 1635 Stringtown Rd Type: Retail Price: $2,987,787 ($422.72 / SF) Buyer: CADET 23 LLC Elifin's Notes: Red Robin location sells in Grove City 1050 Worthington Woods Blvd Type: Office Price: $2,608,000 ($225.80 / SF) Buyer: GH WORTHINGTON LLC Elifin's Notes: Office property sells in the Slate Hill area 220 S Hamilton Rd Type: Office Price: $2,405,000 ($165.63 /...

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The Pulse LFT: The Shops at Martial retail center sells

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 2207 Kaliste Saloom Rd Type: Retail Price: $7,400,000 ($257.84 / SF) Buyer: RBG NAVARRE HOLDINGS LLC Elifin's Notes: Lake Charles-based entity, led by auto dealership owner, purchases The Shops at Martial retail center at the corner of East Martial Avenue and Kaliste Saloom Road 2810 Chemin Metairie Pkwy Type: Retail Price: $1,150,000 ($287.50...

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The Pulse BR: The Armstrong Apartments on Burbank sell

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 4600 Burbank Drive Type: Multifamily Price: $6,000,000 ($44,776 / Unit) Buyer: Louisiana Baton Rouge LLC Elifin's Notes: Aspen Square Management, a Massachusetts-based real estate investment and property management firm, purchase the Armstrong Apartments, a 134 unit complex on Burbank Dr. 14221 Airline Hwy Type: Land Price: $849,000 ($43.99 / Land SF) Buyer: T&S...

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The Pulse NOLA: Palmetto Apartments sold for 6.4mm

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 3801 Joliet St Type: Multifamily Price: $6,432,000 ($51,871 / Unit) Buyer: Palmetto Apartments LLC Elifin's Notes: A Hamdan Sons Investments led entity purchases a large multifamily property in the Dixon area 1407 S Carrollton Ave Type: Office Price: $1,340,000 ($177.41 / SF) Buyer: ALI II LLC Elifin's Notes: Office property sells in the East...

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The Pulse BR: Religious facility in Mid City Sold

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 3134 Hundred Oaks Ave Type: Specialty Price: $2,400,000 ($109.09 / SF) Buyer: Brothers of the Sacred Heart of New Orleans Inc Elifin's Notes: The Brothers of the Sacred Heart purchases religious facility just off of S Acadian Thwy. 3617 S Sherwood Forest Blvd Type: Retail Price: $625,000 ($161.25 / SF) Buyer: SS Brothers...

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The Pulse LFT: Old Navy building at Acadiana Mall sold

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 119 Tucker Dr Type: Retail Price: $3,000,000 ($140.35 / SF) Buyer: ASIAN GROCERY STORE CO Elifin's Notes: Asian Grocery Store Company purchases the Old Navy property located on the Ambassador Caffery-side of the Mall of Acadiana 106 Oil Patch Rd Type: Industrial Price: $1,310,290 ($112.66 / SF) Buyer: DAP VENTURES LLC Elifin's Notes: A newly...

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