News

12 Jun The Pulse CBUS: Sawmill Ridge apartments sell for 29mm

Posted at 09:03h 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 6560 Millridge Cir Type: Multifamily Price: $29,000,000 ($151,042 / Unit) Buyer: RW SAWMILL RIDGE LLC Elifin's Notes: The Sawmill Ridge apartment complex sells in Dublin 4961 Roberts Rd Type: Retail Price: $2,321,300 ($229.54 / SF) Buyer: AGREE LIMITED PARTNERSHIP Elifin's Notes: A chain drug store property sells in Hilliard 1950 Refugee Rd Type: Industrial Price: $1,600,000 ($54.61 /...

12 Jun The Pulse BR: TJ Ribs on Siegen sells for 2.5mm

Posted at 08:59h 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 6330 Siegen Lane Type: Retail Price: $2,500,000 ($353.01 / SF) Buyer: SDP LA Baton Rouge 1 LLC Elifin's Notes: TJ Ribs sells its Siegen Lane location to Streamline Development Partners, an Oxford-based retail investment firm. 13435 Hooper Rd Type: Retail Price: $924,000 ($367.40 / SF) Buyer: Harlakh LLC Elifin's Notes: Local investor purchases former...

05 Jun The Pulse CBUS: Starbucks-anchored retail center sells

Posted at 10:40h 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 3800 S Hamilton Rd Type: Retail Price: $3,180,000 ($497.19 / SF) Buyer: LONGIA PREETMOHINDER SINGH; SETHI JATINDER SINGH Elifin's Notes: Starbucks-anchored retail center sells in Groveport 2751 London Groveport Rd Type: Retail Price: $2,400,000 ($797.34 / SF) Buyer: AFFINITY 1 REALTY LLC Elifin's Notes: Retail-restaurant property sells in Grove City 7000 N High St Type: Retail Price: $2,010,000...

05 Jun The Pulse LFT: Former Royal Panda on W Pinhook Rd sells

Posted at 09:20h 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 2418 W Pinhook Rd Type: Retail Price: $1,200,000 ($185.47 / SF) Buyer: DOUBLE LIN REALTY LLC Elifin's Notes: Former Royal Panda restaurant property sells near the intersection of Verot School Road and West Pinhook Road 340 Griffin Rd Type: Land Price: $1,030,000 ($0.83 / Land SF) Buyer: OVERTON HOMES LLC Elifin's Notes: Local entity purchases...

05 Jun The Pulse NOLA: 274 Unit Oakmont of Algiers sell

Posted at 08:36h 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 2200 Westbend Pkwy Type: Multifamily Price: $4,500,000 ($16,423 / Unit) Buyer: ZURQUI LLC Elifin's Notes: As one of three sales this week as a result of the same bankruptcy proceeding, Baton Rouge-based investors purchase the Oakmont of Algiers apartment complex in the Behrman area 1445 Lapalco Blvd Type: Land Price: $3,500,000 ($9.17...

05 Jun The Pulse BR: Settlement at Shoe Creek tract sells for 1.75mm

Posted at 08:34h 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 Tract A Sullivan Rd Type: Land Price: $1,750,000 ($158.33 / Land SF) Buyer: Central/Won LLC Elifin's Notes: Unit A of the Settlement at Shoe Creek development sells to Houston-based real estate investor. 751 W Lee Dr Type: Land Price: $1,012,000 ($20.03 / Land SF) Buyer: Benny's Lee LLC Elifin's Notes: Benny's Carwash purchases vacant...

02 Jun Top Permits issued in the New Orleans area, May 12-25, 2023

Posted at 10:05h in Commercial, News, Research by Elizabeth Novit 0 Comments

// Article originally appeared in New Orleans City Business on June 1, 2023 Over 620 permits were issued in Orleans Parish alone over the course of the last two weeks. Although Tulane University’s desire to do so was formally announced last year, permits were granted this week to raze Irby, Phelps, and Paterson Halls. Ensconced in the near-center of campus, Paterson was...

29 May The Pulse NOLA: New Medical office sells for 2.8mm

Posted at 08:26h 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 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...

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

Posted at 07:59h 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 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...

29 May The Pulse CBUS: Goodwill Corporate building sold for 11mm

Posted at 07:56h 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 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...