News

The Pulse Northshore: St. Tammany Health System acquires 3.85 acres

A weekly update on the commercial real estate landscape of The Northshore. Commercial Sales Recorded Last Week 142 Tortorice Lane, Independence, LA 70443 Type: Industrial Price: $1,000,000 ($113.64 / SF) Buyer: DAYS WHOLESALE LLC Elifin's Notes: An industrial property sells in Independence. 94 Rue Maison du Lac Blvd, Covington, LA 70433 Type: Land Price: $995,782 ($5.94 / Land SF) Buyer: ST TAMMANY HEALTH SYSTEM Elifin's Notes: The Saint Tammany Health System...

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The Pulse LFT: NY-based company purchases three industrial properties

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 2008, 2010 W Pinhook Rd, Lafayette, LA 70508 Type: Office Price: $1,600,000 ($251.97 / SF) Buyer: RELIANT INVESTMENTS LLC Elifin's Notes: An office property sells on West Pinhook. 216 Old Farm Rd, Broussard, LA 70518 Type: Industrial Price: $1,469,292 ($59.49 / SF) Buyer: PRENN REALTY LLC Elifin's Notes: A New York-based investment company purchases this...

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The Pulse NOLA: Distribution facility sold for 23.5mm

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 809 Jefferson Hwy, New Orleans, LA 70121 Type: Industrial Price: $23,500,000 ($73.83 / SF) Buyer: LONE OAK JEFFERSON LLC Elifin's Notes: Reyes Holdings, an Illinois-based food and beverage producer and distributor, purchases a distribution property on Jefferson Highway. 4933, 4935 Magazine St, New Orleans, LA 70115 Type: Retail Price: $3,450,000 ($308.56 /...

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The Pulse BR: Former Sammy’s property in Zachary sells

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 11805 Darryl Dr; 11826, 11844, 11864 S Choctaw Dr, Baton Rouge, LA 70815 Type: Industrial Price: $2,519,500 ($31.14 / SF) Buyer: OBC Baton Rouge LLC Elifin's Notes: A New York-based company acquires an industrial property on South Choctaw Drive. 7880 Jefferson Hwy, Baton Rouge, LA 70809 Type: Retail Price: $1,800,000...

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One Week to Find What Months Couldn’t

Sam Johns of ELIFIN® represented the seller in the successful sale of the commercial condo unit located at 1101 Hugh Wallis Rd S, Unit 104 in Lafayette, LA. Challenge By the time Sam got involved, the client was frustrated. The property had been on the market without meaningful traction, and the owner was seriously considering pulling the listing and attempting to sell...

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The Pulse Northshore: Harbor Freight property in Covington sold

A weekly update on the commercial real estate landscape of The Northshore. Commercial Sales Recorded Last Week 290 Tower Rd, Ponchatoula, LA 70454 Type: Industrial Price: $3,080,000 ($138.45 / SF) Buyer: TP2 OF HAMMOND LLC Elifin's Notes: An industrial facility with a lay down yard sells on Tower Road. 10209 Park Pl, Hammond, LA 70403 Type: Mixed-Use Price: $2,670,000 ($74.17 / SF) Buyer: CROWN STORAGE HAMMOND RV LLC Elifin's Notes: This...

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The Pulse LFT: Local investors purchase renowned downtown building

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 500 Jefferson St; 500 S Buchanan St, Lafayette, LA 70501 Type: Mixed-Use Price: $2,600,000 ($173.33 / SF) Buyer: WALKING ANTIQUE LLC Elifin's Notes: A local pair purchases the renowned mixed-use property featuring an event space and restaurant on the ground floor and apartments on the second, along with an adjacent...

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The Pulse NOLA: The Exchange Pickleball property sold to Illinois company

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 460 Josephine St; 2120 Rousseau St, New Orleans, LA 70130 Type: Retail Price: $5,200,000 ($281.10 / SF) Buyer: CSH 2120 ROUSSEAU LLC Elifin's Notes: An Illinois-based company acquires a former warehouse turned pickle ball amusement space. 4841 Zenith St, Metairie, LA 70001 Type: Multifamily Price: $1,200,000 ($100,000 / Unit) Buyer: 4841 ZENITH STREET...

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The Pulse BR: Medical office property sells for $246/sqft on Jefferson

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 7417 Jefferson Hwy, Baton Rouge, LA 70806 Type: Office Price: $1,149,500 ($246.20 / SF) Buyer: Cajun Chiro Properties LLC Elifin's Notes: A medical office property changes hands on Jefferson Highway. 9432 Jefferson Hwy, Baton Rouge, LA 70809 Type: Land Price: $1,140,000 ($18.17 / Land SF) Buyer: Parochial Employees Retirement System of...

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The Pulse Northshore: St. Tammany Parish Government purchases 3.4+ acres

A weekly update on the commercial real estate landscape of The Northshore. Commercial Sales Recorded Last Week 58023 S Walnut St, Slidell, LA 70461 Type: Land Price: $2,000,000 ($22.29 / Land SF) Buyer: BITTU BEDICO LLC Elifin's Notes: A 2+ acre tract of land sells near the I-10 and Hwy 190 intersection. 187 Dalwill Dr (Units 6, 7), Mandeville, LA 70471 Type: Land Price: $342,000 ($80.57 / Land SF) Buyer:...

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