News

10 Feb The Pulse NOLA: 292-Unit hotel sells in Kenner

Posted at 09:41h in Research, The Pulse, The Pulse: New Orleans by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 2829 Williams Blvd, Kenner, LA 70062 Type: Hospitality Price: $7,250,000 ($24,829 / Unit) Buyer: KENNER HOLDINGS LLC Elifin's Notes: The Clarion Hotel New Orleans- Airport & Conference Center, 292 rooms, sells in Kenner. 2901, 2903, 2917 Tchoupitoulas St, New Orleans, LA 70115 Type: Industrial Price: $1,470,000 ($121.49 / SF) Buyer: SEMREH CLUB INC Elifin's...

03 Feb The Pulse NOLA: Former Perino’s Seafood property sells

Posted at 10:19h 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 112 Glenn St, Metairie, LA 70005 Type: Multifamily Price: $1,240,000 ($103,333 / Unit) Buyer: PREMIUM RENTALS LLC Elifin's Notes: Premium Rentals acquires a 12-unit apartment complex, with eight 1BR/1BA units and four 2BR/1BA units, on Glenn Street. 614, 616 Julia St, New Orleans, LA 70130 Type: Mixed-Use Price: $1,000,000 ($219.20 / SF) Buyer:...

03 Feb The Pulse LFT: Lamar Apartments sell near UL

Posted at 10:15h 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 1407 General Mouton Ave, Lafayette, LA 70501 Type: Industrial Price: $675,000 ($73.83 / SF) Buyer: LAFAYETTE PROPERTY HOLDINGS LLC Elifin's Notes: Lafayette Property Holdings acquires an industrial property near University Avenue. 901 Lamar St, Lafayette, LA 70501 Type: Multifamily Price: $555,000 ($92,500 / Unit) Buyer: ACADIANA OUTREACH CENTER INC Elifin's Notes: Acadiana Outreach Center, Inc....

03 Feb The Pulse BR: Proposed Starbucks location sells on West Lee Drive

Posted at 10:12h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 15555 Airline Hwy, Baton Rouge, LA 70817 Type: Industrial Price: $1,950,000 ($133.53 / SF) Buyer: Grigsby Properties LLC Elifin's Notes: Grigsby Properties acquires an industrial property with showroom and warehouse space near the Airline Highway Park. 9026 Jefferson Hwy (Bldg 5), Baton Rouge, LA 70809 Type: Office Price: $1,275,000 ($241.75...

27 Jan The Pulse BR: Office sells in American Plaza complex

Posted at 09:57h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 2645 O'Neal Lane (Bldg B), Baton Rouge, LA 70816 Type: Office Price: $1,149,000 ($160.36 / SF) Buyer: Drs McCulloh LLC Elifin's Notes: A medical office building sells within the American Plaza office complex on O'Neal Lane. 914, 918 N Burnside Ave, Gonzales, LA 70737 Type: Retail Price: $167,000 ($115.41 /...

27 Jan The Pulse LFT: Warehouse property sells in Scott

Posted at 09:51h 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 110 Machine Loop, Scott, LA 70583 Type: Industrial Price: $910,000 ($113.75 / SF) Buyer: MFTA INVESTMENTS LLC Elifin's Notes: An industrial warehouse property sells on Machine Loop in Scott. 547 N Pierce St, Lafayette, LA 70501 Type: Industrial Price: $150,000 ($30.59 / SF) Buyer: SQUARE BUSINESS AUTO FABRICATION LLC Elifin's Notes: Square Business Auto Fabrication,...

27 Jan The Pulse NOLA: Industrial properties sell in Kenner

Posted at 09:42h 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 2225 Fayette St, Kenner, LA 70062 Type: Industrial Price: $500,000 ($125.00 / SF) Buyer: Future Property Investments, LLC Elifin's Notes: A local entity purchases an industrial property within the Crestview Office & Industrial Park in Kenner. Lots 75, 76, 77, 78 Fayette St, Kenner, LA 70062 Type: Land Price: $50,000 ($5.18 /...

20 Jan The Pulse LFT: Large office building in Broussard changes hands

Posted at 09:14h 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 3329 W Pinhook Rd, Lafayette, LA 70508 Type: Office Price: $1,662,500 ($55.42 / SF) Buyer: WHC LLC Elifin's Notes: A large, two-story office building in Broussard changes ownership. 5644, 5646 Cameron St, Scott, LA 70583 Type: Retail Price: $637,500 ($213.07 / SF) Buyer: ROVIN K INTERNATIONAL LLC Elifin's Notes: Rovin K International acquires a gas...

20 Jan The Pulse NOLA: One of NOLA’s most blighted properties sells

Posted at 09:13h 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 3409 Severn Ave, Metairie, LA 70002 Type: Multifamily Price: $17,650,000 ($109,627 / Unit) Buyer: LOCAL ON SEVERN LLC Elifin's Notes: The Medve Group, a Texas-based property management company, acquires The Local on Severn, a 161-unit multifamily property, in Metairie for $17.6MM. 1925 L and A Rd, Metairie, LA 70001 Type: Industrial Price:...

20 Jan The Pulse BR: City of Central purchases 356 acres

Posted at 09:12h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 356.3 acres Wax Rd, Baton Rouge, LA 70818 Type: Land Price: $5,700,000 ($0.37 / Land SF) Buyer: Central City Of Elifin's Notes: The City of Central, presumably for the planned Mainstreet 2030 project, purchases 356+ acres of land located between Wax Road and Hooper Road. 34411...