News

The Pulse BR: New York investors purchase 3 apartment complexes

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 5251 S Sherwood Forest Blvd, Baton Rouge, LA 70816 Type: Retail Price: $1,300,000 ($135.42 / SF) Buyer: Fen Xu Elifin's Notes: EE Kitchen & Bath owner purchases the company's building on S Sherwood Forest Blvd. 13386 Airline Hwy, Gonzales, LA 70737 Type: Retail Price: $1,190,000 ($175.00 / SF) Buyer: Clay &...

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The Pulse NOLA: Norma’s Sweets in Mid City purchases building

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 850 Kenner Ave, Kenner, LA 70062 Type: Industrial Price: $475,000 ($57.82 / SF) Buyer: WASTE PRO OF LOUISIANA INC Elifin's Notes: An industrial property sells just south of the Airport in Kenner 2915 Bienville St, New Orleans, LA 70119 Type: Industrial Price: $375,000 ($98.92 / SF) Buyer: 2915 BIENVILLE PROPERTIES LLC Elifin's Notes: Norma's...

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The Pulse BR: Modern Metals Recycling purchases Prairieville facility

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 15578 Airline Hwy, Prairieville, LA 70769 Type: Industrial Price: $3,370,000 ($269.60 / SF) Buyer: Modern Metals Recycling LLC Elifin's Notes: Modern Metals Recycling purchases a facility along Airline Highway in Prairieville 12116 Airline Hwy, Baton Rouge, LA 70809 Type: Industrial Price: $2,355,750 ($71.47 / SF) Buyer: Chip Robinson Real Estate LLC Elifin's...

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The Pulse NOLA: Cox retail location on Elysian Fields sells for 4.85mm

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 3131 Elysian Fields Ave, New Orleans, LA 70122 Type: Retail Price: $4,850,000 ($326.64 / SF) Buyer: R&M PROPERTIES 3131 ELYSIAN FIELDS LLC Elifin's Notes: The Cox retail location on Elysian Fields sells as an investment property 7457 St Charles Ave, New Orleans, LA 70118 Type: Retail Price: $800,000 ($300.08 / SF) Buyer: A...

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The Pulse LFT: 21 Apartment units change hands near ULL Campus

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1318 Lee Ave, Lafayette, LA 70506 Type: Multifamily Price: $1,445,000 ($68,810 / Unit) Buyer: 1318 LEE HOLDINGS LLC Elifin's Notes: An entity purchases 21 of the 23 condominium units within the Lee Avenue Apartment Complex near campus 110 Armentor St, Lafayette, LA 70501 Type: Multifamily Price: $675,000 ($27,000 / Unit) Buyer: LT ENTERPRISES LLC Elifin's...

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The Pulse LFT: Land adjacent to Ascension Episcopal School sells for 2.8mm

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1803 Chemin Metairie Rd, Youngsville, LA 70592 Type: Land Price: $2,825,740 ($10.00 / Land SF) Buyer: GRACE JAMES PROPERTIES LLC Elifin's Notes: A pair of Sulphur-based investors purchase a 6.4+ acre parcel of land along Chemin Metairie Parkway adjacent to Ascension Episcopal School in Youngsville 5845 Highway 90 East 111 Southwood Dr,...

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The Pulse NOLA: French Quarter property purchased by Bevolo Gas & Electric Lights

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 520 Conti St, New Orleans, LA 70130 Type: Multifamily Price: $1,100,000 ($220,000 / Unit) Buyer: BEVOLO GAS & ELECTRIC LIGHTS LLC Elifin's Notes: Bevolo Gas & Electric Lights acquires a commercial property within the French Quarter on Conti Street 3308 Washington Ave, New Orleans, LA 70125 Type: Multifamily Price: $615,200 ($30,760 /...

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The Pulse BR: Former antique store with I-12 frontage sells

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 12455 S Harrell's Ferry Rd, Baton Rouge, LA 70816 Type: Industrial Price: $605,000 ($106.64 / SF) Buyer: Cothern Enterprises LLC Elifin's Notes: Local investor purchases S Harrell's Ferry Rd property. 9170 S Choctaw Dr, Baton Rouge, LA 70815 Type: Industrial Price: $575,000 ($46.40 / SF) Buyer: Get Your Wings LLC Elifin's Notes:...

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The Pulse LFT: City of Lafayette purchases Vermilion Conference Center

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 5110 Johnston St, Lafayette, LA 70503 Type: Industrial Price: $3,125,000 ($173.61 / SF) Buyer: DOUG ASHY BUILDING MATERIALS INC Elifin's Notes: Doug Ashy Building Materials acquires a pair of commercial buildings on over 11 acres of land near their primary complex on Johnston Street 326 Gauthier Rd, Lafayette, LA 70501 Type: Office Price:...

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The Pulse NOLA: Gayle Benson purchases land, 65mm apartment sale

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 1499 Central Park Blvd, Harvey, LA 70058 Type: Multifamily Price: $65,000,000 ($180,556 / Unit) Buyer: FC HARVEY LLC Elifin's Notes: The Waters at Manhattan, a 360-unit multifamily property in Harvey, sells 6364 Woodland Hwy, New Orleans, LA 70131 Type: Multifamily Price: $6,500,000 ($43,046 / Unit) Buyer: 9900 TIMBER RIDGE LLC Elifin's Notes: The Timber...

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