News

24 Jul The Pulse CBUS: Smith’s Mill Health Campus sells for 16.3mm

Posted at 09:33h 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 7320 Smith's Mill Rd Type: Healthcare Price: $16,282,586 ($194.52 / SF) Buyer: NEW ALBANY PROPERTY LLC Elifin's Notes: A Kentucky-based entity purchases Smith's Mill Health Campus, an assisted living facility located in the New Albany area 2874 Morse Rd Type: Retail Price: $9,539,000 ($338.65 / SF) Buyer: 2900 MORSE ROAD LLC Elifin's Notes: Auto dealership...

24 Jul The Pulse NOLA: Huntington Park apartments sell for 15mm

Posted at 09:28h 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 7019 Crowder Boulevard Type: Multifamily Price: $15,000,000 ($93,750 / Unit) Buyer: Huntington Park 23 LLC Elifin's Notes: Northeastern-based investor purchases the Huntington Park apartments in the Little Woods area 2543 Perdido St Type: Land Price: $2,100,000 ($31.93 / Land SF) Buyer: Perdido St__2543 Elifin's Notes: Investor purchases 1.5+ acres of commercial land with 15,000...

24 Jul The Pulse BR: Multifamily developer purchases 6 acres on Picardy Ave

Posted at 09:22h 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 2X Picardy Ave Type: Land Price: $6,175,000 ($22.15 / Land SF) Buyer: The Heights at Picardy LLC Elifin's Notes: The STOA Group, a Hammond-based multifamily development firm, purchase 6+ acres on Picardy Ave. 11412 Lake Sherwood Ave N Type: Office Price: $710,000 ($151.39 / SF) Buyer: LSABR LLC Elifin's Notes: Creekstone Office Park...

17 Jul The Pulse LFT: The Axis Lafayette apartments on Theater Street sell

Posted at 09:07h 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 200 Theater St Type: Multifamily Price: $10,950,000 ($20,897 / Unit) Buyer: ACADIA BEND LLC Elifin's Notes: The Axis Lafayette, apartment complex, sells to an Alabama-based entity for $10.95 MM near Cajun Field off of Theater Street, named for the once famous Westwood Theater 1921 Kaliste Saloom Rd, Suite 124 Type: Retail Price: $481,000...

17 Jul The Pulse NOLA: Travelodge Hotel in West Harvey sells

Posted at 08:58h 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 Westbank Expy Type: Hospitality Price: $4,300,000 ($20,283 / Unit) Buyer: SHREE MAA AMBE LLC Elifin's Notes: Entity purchases the Travelodge Hotel in West Harvey 2231 Peters Rd Type: Industrial Price: $1,100,000 ($31.28 / SF) Buyer: 2231 PETERS ROAD LLC Elifin's Notes: Local industrial business owner purchases an industrial property with warehouse and office...

17 Jul The Pulse BR: The Lodges at 777 on Ben Hur sell

Posted at 08:57h 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 777 Ben Hur Road Type: Multifamily Price: $84,400,000 ($220,942 / Unit) Buyer: LMP Baton Rouge Property Owner LLC Elifin's Notes: The Lodges at 777, a 382 unit apartment complex near LSU's campus, sells to Landmark Properties, a Georgia-based multifamily investment firm. 18222 E Petroleum Dr Type: Industrial Price: $3,800,000 ($124.50 / SF) Buyer:...

17 Jul The Pulse CBUS: Obetz area self-storage facility sells for 3mm

Posted at 08:42h 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 3901 Groveport Rd Type: Self-Storage Price: $3,000,000 ($13,761 / Unit) Buyer: RUDOLPH SELF STORAGE LLC Elifin's Notes: Self-storage facility property sells in the Obetz area 100 Fornoff Rd Type: Industrial Price: $2,300,000 ($48.90 / SF) Buyer: FORNOF PROPERTIES LLC Elifin's Notes: Located at 84-100 Fornoff Road, this multi-faceted industrial property sells in the Scioto Southland...

10 Jul Top Permits issued in the New Orleans area, July 10, 2023

Posted at 16:33h in Commercial, News, Research by Elizabeth Novit 0 Comments

// Article originally appeared in New Orleans City Business on July 10, 2023 Prior to the Fourth of July holiday, permits were issued to 921 Canal Street for continuing renovations to guestrooms, corridors, and a lounge area refresh. With a planned completion for late 2023, these upgrades are the latest in a slew of upgrades being performed at the Ritz-Carlton. In...

10 Jul The Pulse LFT: Three more downtown properties sold on Jefferson St

Posted at 09:10h 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 315 S College Rd Type: Office Price: $3,500,000 ($62.38 / SF) Buyer: JCD FAMILY PROPERTY HOLDINGS LLC; BILLET LLC Elifin's Notes: Lafayette investors team up to purchase an office building off of South College Drive 417 Jefferson St Type: Retail Price: $1,158,000 ($116.97 / SF) Buyer: GROUSE ROOM LLC THE Elifin's Notes: Entity purchases restaurant/bar...

10 Jul The Pulse NOLA: Land sells on Elmwood Park for 1mm

Posted at 09:04h 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 1090 Elmwood Park Blvd Type: Land Price: $1,000,000 ($25.51 / Land SF) Buyer: JEFFERSON PARISH EMPLOYEES FEDERAL CREDIT UNION Elifin's Notes: Nearly an acre of vacant commercial land sells in the Elmwood Industrial Park area 1418 Magazine St Type: Mixed-Use Price: $800,000 ($252.05 / SF) Buyer: Midcity Holdings, LLC of LA Elifin's Notes: Mixed...