News

The Pulse NOLA: Former Army National Guard facility sells

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 4200 Michoud Blvd Type: Industrial Price: $1,250,000 ($8.00 / SF) Buyer: 4200 MICHOUD LLC Elifin's Notes: An entity, led by Barry Kern, purchases the former Army National Guard facility sitting on 12.185 acres of land in the Michoud area 1731 Baronne St Type: Retail Price: $819,120 ($128.27 / SF) Buyer: EFFORTS OF GRACE...

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The Pulse BR: The Shiloh Apartments off of Florida sell

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 5677 Florida Blvd Type: Retail Price: $740,000 ($74 / SF) Buyer: Cash America Inc of Louisiana Elifin's Notes: Texas-based Cash America Inc purchase their location on Florida Blvd near N Ardenwood Dr. 6869 Rembrandt Avenue Type: Multifamily Price: $700,000 ($50,000 / Unit) Buyer: SB Estates LA LLC Elifin's Notes: The Shiloh apartment complex, a...

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The Pulse LFT: Renowned Jefferson Street Pub building sells for $2.6mm

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 500 Jefferson St Type: Mixed-Use Price: $2,600,000 ($173.33 / SF) Buyer: SEVEN OAKS GRAND COTEAU LLC Elifin's Notes: Arnaudville-based investors purchase the renowned downtown building housing the Jefferson Street Pub on the first floor and 5 apartments on the second, along with the adjacent 0.356 acres of commercial land, currently...

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The Pulse CBUS: Scarborough Square neighborhood center sells

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 2084 S Hamilton Rd Type: Hospitality Price: $3,550,000 ($44,375.00 / Unit) Buyer: COLUMBUS EAST APARTMENTS LLC Elifin's Notes: A motel sells in the Whitehall area 3582 Trabue Rd Type: Retail Price: $2,000,000 ($198.41 / SF) Buyer: TRABUE LINKS LLC Elifin's Notes: A multiple occupant retail property sells in the Raymond Park area 2484 Scarborough Blvd Type: Retail Price:...

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The Pulse NOLA: 32 Unit Texas Motel in Shrewsbury sells

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 3520 Airline Dr Type: Hospitality Price: $1,265,000 ($39,531.25 / Unit) Buyer: HARVEY GULF INTERNATIONAL MARINE LLC Elifin's Notes: The 32-unit Texas Motel sells in the Shrewsbury area of Metairie 1434 Amelia St Type: Office Price: $750,000 ($300.00 / SF) Buyer: HUQ TASHFIN; IQBAL AZREEN Elifin's Notes: Formerly split into two residential condo units, this...

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The Pulse BR: Bogie’s Building Sells for over 1 million

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 9029 Jefferson Hwy Type: Office Price: $3,400,000 ($242.86 / SF) Buyer: Cardinal Hill Real Estate LLC Elifin's Notes: Assurance Financial purchases their office on the 1st floor of The Cardinal Hill office building on Jefferson Hwy. 705 E Boyd Dr Type: Retail Price: $1,050,000 ($250 / SF) Buyer: MCL Management Group LLC Elifin's Notes:...

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The Pulse CBUS: Woody’s in The Market at Hilliard sells for 3.8mm

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 2320 Mc Gaw Rd Type: Office Price: $10,100,000 ($538.67 / SF) Buyer: MCGAW OH LLC Elifin's Notes: Minnesota-based entity purchases a large office building with warehouse space in the Obetz area 1840 Hilliard Rome Rd Type: Retail Price: $3,800,000 ($635.88 / SF) Buyer: WRIGHT-PATT CREDIT UNION INC Elifin's Notes: Restaurant property sells in the Hilliard...

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The Pulse LFT: KADN Fox 15 studio on Eraste Landry sells

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 700 I 10 S Frontage Rd Type: Retail Price: $2,500,000 ($446.43 / SF) Buyer: GUILLORY OIL COMPANY INC Elifin's Notes: Eunice-based company purchases the combination McDonalds and Gas Station/Convenience Store located near the Scott/Cankton exit off of I-10 201 Saint Patrick St Type: Office Price: $1,916,300 ($98.76 / SF) Buyer: CHAPMAN, LELAND RANDELL; CHAPMAN,...

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The Pulse NOLA: Pelican Pointe Car Wash sells in Metairie

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 2500 David Dr Type: Retail Price: $1,750,000 ($972.22 / SF) Buyer: WASHING CARS II LLC Elifin's Notes: The Pelican Pointe Car Wash property sells in the Lelia Place area of Metairie 200 Wright Ave Type: Industrial Price: $1,500,000 ($29.24 / SF) Buyer: JULIA REALTY LLC Elifin's Notes: Large industrial property with three buildings sells...

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The Pulse BR: 57 Room Siegen Inn sells for 3.85mm

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 10707 Honore Lane Type: Hospitality Price: $3,850,000 ($67,544 / Unit) Buyer: Ishwar Krupa 2023 LLC Elifin's Notes: Siegen Inn, a 57 room hotel off Siegen Lane, sells to Denham Springs buyer. 5151 S Sherwood Forest Blvd Type: Retail Price: $1,700,000 ($79.07 / SF) Buyer: La-Z-Boy Incorporated Elifin's Notes: La-Z-Boy Inc purchases the local franchise...

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