News

27 Mar The Pulse BR: California Firm purchases Dollar General on S Flannery

Posted at 09:02h 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 13796 Perkins Rd Type: Retail Price: $2,600,000 ($788 / SF) Buyer: Big Boss Perkins LLC Elifin's Notes: Perkins Rd Circle K sells to local investor. 3135 Nicholson Dr Type: Retail Price: $2,500,000 ($427 / SF) Buyer: Big Boss Nicholson LLC Elifin's Notes: Convenience store sells near the north gates of LSU. 135 S Flannery Rd Type:...

20 Mar The Pulse NOLA: Magazine Street retail building sells for 1mm

Posted at 09:27h 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 4011 Magazine St Type: Retail Price: $1,000,000 ($513 / SF) Buyer: FORTY ELEVEN LLC Elifin's Notes: Local purchasers acquire a two-story retail building in the Touro area along Magazine Street 819, 821, 823 N Broad St Type: Retail Price: $750,000 ($135 / SF) Buyer: BROAD VENTURES LLC Elifin's Notes: Local investment group purchases a...

20 Mar The Pulse BR: Sherwood Pointe shopping center sells

Posted at 09:23h 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 7323 Tom Dr Type: Industrial Price: $2,610,000 ($75 / SF) Buyer: JM Test RE Acquisition LLC Elifin's Notes: Kanbrick, a Chicago-based business investment firm, purchase JM Test Systems' facility on Tom Dr as part of their purchase of the company. 6120 Perkins Rd Type: Office Price: $2,000,000 ($147 / SF) Buyer: Glo Resources...

13 Mar The Pulse NOLA: Your Weekly Sales plus Elifin named Company of Year by Business Report

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

A weekly update on the commercial real estate landscape of New Orleans. Business Report names ELIFIN® Company of The Year Commercial Sales Recorded Last Week 608 Farmington Pl, 1960 Daniels Rd Type: Multifamily Price: $13,044,231 ($42,909 / Unit) Buyer: TERRYTOWN RESIDENCES LLC Elifin's Notes: Local investor Imad Hamdan purchases the Louisburg Square Apartments, 304 units with 1BR/1BA, 2BR/1BA, and 3BR/2BA configurations, in the Terrytown/Gretna area 1801 Hector Street,...

13 Mar The Pulse BR: Your Weekly Sales plus Elifin named Company of Year by Business Report

Posted at 08:39h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge. Business Report names ELIFIN® Company of The Year Commercial Sales Recorded Last Week 13533 Hooper Rd Type: Retail Price: $975,000 ($20 / SF) Buyer: FIDC 131 LLC Elifin's Notes: Former Lancaster House location in Central sells to Ohio-based Cocca Development. 15100 Market St Type: Retail Price: $590,000 ($94 / SF) Buyer: KKD Holdings LTD LLC Elifin's Notes: Clint's Garage owner...

06 Mar The Pulse NOLA: 11-Unit Boutique Hotel in Uptown sells

Posted at 09:35h 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 806, 816 Adams St, 7706 Burthe St Type: Multifamily Price: $1,449,000 ($181,125 / Unit) Buyer: CMP 1 LLC Elifin's Notes: Local investors purchase three adjoining parcels of three multifamily buildings, totaling 8 units: one has six units, one is a 1BR/1BA, and the last is a 3BR/1BA traditional home. 4417...

06 Mar The Pulse BR: Lane Regional purchases pharmacy on Main St

Posted at 09:25h 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 6920 Bluebonnet Blvd Type: Retail Price: $1,625,000 ($398 / SF) Buyer: Fidelity Bank Elifin's Notes: Fidelity Bank purchases former Capital One branch on Bluebonnet Blvd across from the Mall of Louisiana. 6400 Main St Type: Retail Price: $975,000 ($139 / SF) Buyer: Lane Regional Medical Center Elifin's Notes: Lane Regional Medical Center purchases pharmacy...

27 Feb The Pulse NOLA: 96-Unit TownePlace Suites by Marriott sells

Posted at 08:39h 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 4534 Belle Dr Type: Land Price: $200,000 ($31.59 / Land SF) Buyer: GOVERNMENT ENTERPRISES LLC Elifin's Notes: Local investor purchases 0.15 acres of land with a C-1 zoning classification according to the Jefferson Parish Zoning Map in the Pontchartrain Shores area of Metairie. 1519, 1523 Touro St; 2014 N Claiborne...

27 Feb The Pulse BR: Beyer Printing’s office in Mid City sells

Posted at 08:33h 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 8425 Cumberland Pl Type: Office Price: $1,600,000 ($152 / SF) Buyer: AIDS Healthcare Foundation Elifin's Notes: AIDS Healthcare Foundation, a Los Angeles-based nonprofit, purchase medical office just off Goodwood Blvd. 8058 One Calais Ave Type: Land Price: $950,000 ($22.07 / Land SF) Buyer: Bruhati LLC Elifin's Notes: Lafayette-based real estate agent purchases two commercially...

20 Feb The Pulse NOLA: Magnolia Mansion in Garden District 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 2515-2517, 2519-2521 Chartres St Type: Hospitality Price: $1,500,000 ($136,364 / Unit) Buyer: 2515-21 CHARTRES LLC Elifin's Notes: Local investors purchase the, 11-unit, Lions Inn Bed & Breakfast in the Marigny in two separate transactions. 132 Allen Toussaint Blvd Type: Office Price: $922,000 ($384 / SF) Buyer: DUKE LANA Elifin's Notes: Local purchaser acquires a...