July 7, 2023- Baton Rouge, LA – Fabian Edwards, Office Specialist at ELIFIN®, is pleased to announce the official ribbon cutting ceremony and grand opening celebration of the newly renovated Mid City Tower, located at 5700 Florida Blvd, Baton Rouge, 70806. Over the last two years, owner Mike Leggett has brought the nearly 80,000 square foot Mid City Tower through an...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 11720 Perkins Rd Type: Land Price: $1,600,000 ($11.62 / Land SF) Buyer: Jonathan Cheplak Elifin's Notes: Nevada-based buyer purchases a commercially zoned lot of 3+ acres on Perkins Rd. 10313 Jefferson Hwy Type: Land Price: $615,000 ($9.35 / Land SF) Buyer: DO Jefferson LLC Elifin's Notes: Local investors purchase 1.5+ acres on Jefferson Hwy. 5835...
A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 3841 Ulloa Street Type: Multifamily Price: $1,675,000 ($83,750 / Unit) Buyer: Ulloa Street LLC Elifin's Notes: Active local investor purchases a 20-unit multifamily property in the Tulane/Gravier area 412 Westwood Dr Type: Multifamily Price: $560,000 ($46,667 / Unit) Buyer: EAGLE EQUITIES LLC Elifin's Notes: Multifamily property sells in the Westwood area of Marrero 3427 Jefferson...
A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 605 W Congress St Type: Office Price: $970,000 ($266.85 / SF) Buyer: PREMIER STAFFING LLC Elifin's Notes: Local entity purchases office property fronting on West Congress Street between Saint John St and South Washington St 2309 W Pinhook Rd Type: Mixed-Use Price: $950,000 ($203.56 / SF) Buyer: LAM, SON BINH; TRAN, TRAM NGUYEN THU Elifin's...
// Article originally appeared in New Orleans City Business on June 26, 2023 Over the past few weeks, permits have been filed for the ongoing new construction at 1300 Oretha Castle Haley Boulevard. Part of the former Brown’s Dairy site, the property named H3C Apartments is aimed to address the growing need for affordable housing, providing 192 new apartments, with 92...
A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 4412 Trenton St Type: Office Price: $700,000 ($201.96 / SF) Buyer: WEM REALTY LLC Elifin's Notes: Local investor purchases office property in the Pontchartrain Garden area 3826 General De Gaulle Dr Type: Retail Price: $600,000 ($202.43 / SF) Buyer: 3826 GENERAL LLC Elifin's Notes: Retail property sells in Algiers 4324 Downman Rd Type: Retail Price: $545,000 ($77.30...
A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 2207 Kaliste Saloom Rd Type: Retail Price: $7,400,000 ($257.84 / SF) Buyer: RBG NAVARRE HOLDINGS LLC Elifin's Notes: Lake Charles-based entity, led by auto dealership owner, purchases The Shops at Martial retail center at the corner of East Martial Avenue and Kaliste Saloom Road 2810 Chemin Metairie Pkwy Type: Retail Price: $1,150,000 ($287.50...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 4600 Burbank Drive Type: Multifamily Price: $6,000,000 ($44,776 / Unit) Buyer: Louisiana Baton Rouge LLC Elifin's Notes: Aspen Square Management, a Massachusetts-based real estate investment and property management firm, purchase the Armstrong Apartments, a 134 unit complex on Burbank Dr. 14221 Airline Hwy Type: Land Price: $849,000 ($43.99 / Land SF) Buyer: T&S...
A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 3801 Joliet St Type: Multifamily Price: $6,432,000 ($51,871 / Unit) Buyer: Palmetto Apartments LLC Elifin's Notes: A Hamdan Sons Investments led entity purchases a large multifamily property in the Dixon area 1407 S Carrollton Ave Type: Office Price: $1,340,000 ($177.41 / SF) Buyer: ALI II LLC Elifin's Notes: Office property sells in the East...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 3134 Hundred Oaks Ave Type: Specialty Price: $2,400,000 ($109.09 / SF) Buyer: Brothers of the Sacred Heart of New Orleans Inc Elifin's Notes: The Brothers of the Sacred Heart purchases religious facility just off of S Acadian Thwy. 3617 S Sherwood Forest Blvd Type: Retail Price: $625,000 ($161.25 / SF) Buyer: SS Brothers...