News

28 Aug The Pulse CBUS: 48 Townhomes in Franklinton sold for 3.75 million

Posted at 08:41h in Research, The Pulse, The Pulse: Columbus by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 769 Canonby Pl Type: Multifamily Price: $3,750,000 ($78,125 / Unit) Buyer: SCIOTO ELEVATE LLC Elifin's Notes: The Scioto Townhomes complex, a 48-unit multifamily property sells in the Franklinton area 3411 Beachworth Dr Type: Multifamily Price: $1,030,000 ($128,750 / Unit) Buyer: KASHINATH JADHAV RUTUPARN TR & BHALCHANDRA DEO GAYATRI TR Elifin's Notes: A pair of quadraplexes,...

28 Aug The Pulse NOLA: Colonial Shopping Centre sells in Harahan

Posted at 08:40h in Research, The Pulse, The Pulse: New Orleans by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 7335 Jefferson Hwy Type: Retail Price: $5,350,000 ($120.37 / SF) Buyer: JEFFERSON ONE SAI PROPERTY LLC Elifin's Notes: The Colonial Shopping Center sells along Jefferson Highway in Harahan 4511 Clearview Pkwy Type: Retail Price: $1,600,000 Buyer: LUSCO&LUSCO LLC Elifin's Notes: The Charvet's Garden Center property sells in the Pontchartrain Shores area 1820 Dickory Ave Type: Retail Price:...

21 Aug Top Permits issued in the New Orleans area, August 21, 2023

Posted at 16:46h in Commercial, News, Research by Elizabeth Novit 0 Comments

// Article originally appeared in New Orleans City Business on August 21, 2023 Permits were granted this week with regards to temporary structures from 400-700 North Claiborne Avenue, in the way of bathrooms, storage containers for portable items, including a stage with ADA ramp, kiosks, hand washing stations, convenience sinks, trash receptacles, tables, and chairs. Congregation on North Claiborne Avenue has...

21 Aug Market Report – New Orleans, LA – July 2023

Posted at 10:59h in Insights, Market Report: New Orleans, Research by ELIFIN® 0 Comments

DOWNLOAD FULL REPORT (PDF) Overall Dollar Volume is down 8.5% The trailing 12 month total dollar volume of sales was $789.4M at the end of Jul 2023 vs. $862.7M at the end of the prior month. Overall Deal Velocity is down 5.88% The trailing 12 month sale count was 416 at the end of Jul 2023 vs. 442 at the end of the prior...

21 Aug Market Report – Baton Rouge, LA – July 2023

Posted at 10:58h in Insights, Market Report: Baton Rouge, Research by ELIFIN® 0 Comments

DOWNLOAD FULL REPORT (PDF) Overall Dollar Volume is down 1.52% The trailing 12 month total dollar volume of sales was $838.0M at the end of Jul 2023 vs. $850.9M at the end of the prior month. Overall Deal Velocity is down 5.0% The trailing 12 month sale count was 456 at the end of Jul 2023 vs. 480 at the end of the prior...

21 Aug The Pulse NOLA: Retail Center sells in St. Claude

Posted at 09:19h in Research, The Pulse, The Pulse: New Orleans by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 8520 Hickory St Type: Multifamily Price: $1,400,000 ($100,000 / Unit) Buyer: WOODMERE DAYCARE L L C Elifin's Notes: Harvey-based investor purchases a 14-unit multifamily property in the Leonidas area 2701 N Hullen St Type: Office Price: $635,000 ($334.21 / SF) Buyer: ULFERS DEVELOPMENT LLC Elifin's Notes: Currently used as Advanced Medical office, this property...

21 Aug The Pulse BR: Building in Belle of Baton Rouge complex sold

Posted at 09:14h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 10011 Main St Type: Retail Price: $6,524,808 ($343.41 / SF) Buyer: Agree Central LLC Elifin's Notes: Agree Realty, a Michigan-based real estate investment firm, purchase the Tractor Supply in Zachary. St Phillip St at Europe St Type: Retail Price: $2,800,000 ($133.33 / SF) Buyer: GLP Capital LP Elifin's Notes: Gaming & Leisure Properties purchase...

21 Aug The Pulse CBUS: Brice & Main retail center sells

Posted at 08:51h in Research, The Pulse, The Pulse: Columbus by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 1286 Brice Rd Type: Retail Price: $3,816,733 ($118.53 / SF) Buyer: CHRISTIAN & MISSIONARY ALLIANCE Elifin's Notes: Brice & Main Centre, a shopping center, sells at the corner of Brice Road and East Main Street in the Reynoldsburg area 213 E Broad St Type: Industrial Price: $1,030,000 ($114.32 / SF) Buyer: WESEE EQUITY LLC Elifin's...

21 Aug The Pulse LFT: City of Lafayette purchases two-story office building

Posted at 08:46h in Research, The Pulse, The Pulse: Lafayette by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 4010 W Congress St Type: Office Price: $1,450,000 ($68.36 / SF) Buyer: LAF-CITY Elifin's Notes: The City of Lafayette purchases the two-story, 12-unit, office building near the corner of West Congress and Guilbeau Road 2751 W Willow St Type: Industrial Price: $450,000 ($60.00 / SF) Buyer: SOUTHERN ADVANCE PROCESS SOLUTIONS LLC Elifin's Notes: Carencro-based investors...

14 Aug The Pulse LFT: Pelican Pointe Shopping Center along Moss St sells

Posted at 08:57h in Research, The Pulse, The Pulse: Lafayette by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 110 Capitol Dr Type: Office Price: $2,960,000 ($46.74 / SF) Buyer: 110 CAPITAL M LLC Elifin's Notes: A pair of large office buildings sell near Feu Follet Road 2001 Moss St Type: Retail Price: $2,100,000 ($77.21 / SF) Buyer: OSH INVESTMENTS LLC Elifin's Notes: Area developer purchases the Pelican Pointe Shopping Center along Moss Street 3431...