News

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

Posted at 09:33h 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 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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01 May The Pulse NOLA: 32 Unit Texas Motel in Shrewsbury sells

Posted at 09:02h 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 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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01 May The Pulse BR: Bogie’s Building Sells for over 1 million

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

Posted at 08:43h 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 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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24 Apr The Pulse NOLA: Pelican Pointe Car Wash sells in Metairie

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

Posted at 08:37h 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 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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17 Apr The Pulse LFT: Former Riverside Church property sold

Posted at 09:11h 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 Southcity Pkwy Type: Specialty Price: $1,800,000 ($144.23 / SF) Buyer: SOUTHCITY PROPERTIES LLC Elifin's Notes: Local developers purchase a portion of land, including the 12,480 sq ft building, formerly occupied by the Riverside Church of Christ 1951 Chemin Metairie Rd Type: Land Price: $1,473,678 ($9.00 / Land SF) Buyer: SUGAR MILL VILLAS II...

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17 Apr The Pulse NOLA: Lakeshore Chrysler Dodge Jeep RAM on W Esplanade sells

Posted at 08:59h 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 2204 Idaho Ave Type: Multifamily Price: $800,000 ($100,000 / Unit) Buyer: PIAZZA ROSICA S; PIAZZA NICHOLAS L SR Elifin's Notes: A pair of local individuals purchase two adjacent 4-plexes in the Lisa Park area of Kenner 3333 Metairie Rd Type: Retail Price: $720,000 ($225.56 / SF) Buyer: MCLAND PROPERTY INVESTMENT II LLC Elifin's Notes:...

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17 Apr The Pulse BR: 30 Acres along Nicholson Dr sell for 9.5mm

Posted at 08:52h 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 30 Acres Nicholson Dr Type: Land Price: $9,500,000 ($7.27 / Land SF) Buyer: Baton Rouge Acquisitions LLC Elifin's Notes: Commercial Properties Realty Trust purchases approximately 30 acres on Nicholson Dr between downtown and LSU from Goldman Sachs. 12046 Cloverland Ct Type: Industrial Price: $545,000 ($91.77 / SF) Buyer: Mimosa by ME LLC Elifin's Notes:...

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