News

04 Sep The Pulse NOLA: Office and parking lot sold in CBD

Posted at 08:19h 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 844 Baronne St Type: Office Price: $1,450,000 ($194.63 / SF) Buyer: 2712 ATHANIA LLC Elifin's Notes: An office building with adjacent parking lot sells in the CBD area 850 Sams Ave Type: Industrial Price: $1,250,000 ($93.31 / SF) Buyer: MICHLER INVESTMENTS LLC Elifin's Notes: An industrial property sells in the Lafreniere Plantation area 1501 Newton...

04 Sep The Pulse BR: Walgreens on Highland Road sold for 2.8 million

Posted at 08:17h 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 5298 Highland Rd Type: Retail Price: $2,836,364 ($216.52 / SF) Buyer: Cardinal Green Investments LLC Elifin's Notes: Walgreens sells on the corner of Highland Rd and W Lee Dr. 2798 O'Neal Lane, Building B Type: Office Price: $560,000 ($112.00 / SF) Buyer: BP Investment Holdings LLC Elifin's Notes: California-based investors...

28 Aug The Pulse LFT: Gardens Office Park unit sells on S Hugh Wallis Rd

Posted at 09:01h 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 1003 Hugh Wallis Rd S, Unit C Type: Office Price: $354,240 ($135.00 / SF) Buyer: HILLGREEN COMPANY LLC THE Elifin's Notes: An office condominium unit within the Gardens Office Park changes hands along Hugh Wallis Road South 301 Guidry Rd Type: Industrial Price: $190,000 ($39.58 / SF) Buyer: MONTANA LAFAYETTE LLC Elifin's Notes: An industrial...

28 Aug The Pulse BR: Behavioral Intervention Group purchases their Siegen Lane clinic

Posted at 08:50h 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 8180 Siegen Lane Type: Office Price: $1,475,000 ($81.94 / SF) Buyer: CR Ventures LLC Elifin's Notes: The Behavioral Intervention Group, a learning center, purchases their clinic on Siegen Lane from the Matherne Family. 4065 Florida Blvd Type: Retail Price: $1,116,500 ($58.30 / SF) Buyer: Live Oak Shopping Center LLC Elifin's Notes: The Live Oak...

28 Aug The Pulse CBUS: 48 Townhomes in Franklinton sold for 3.75 million

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

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 769 Canonby Pl Type: Multifamily Price: $3,750,000 ($78,125 / Unit) Buyer: SCIOTO ELEVATE LLC Elifin's Notes: The Scioto Townhomes complex, a 48-unit multifamily property sells in the Franklinton area 3411 Beachworth Dr Type: Multifamily Price: $1,030,000 ($128,750 / Unit) Buyer: KASHINATH JADHAV RUTUPARN TR & BHALCHANDRA DEO GAYATRI TR Elifin's Notes: A pair of quadraplexes,...

28 Aug The Pulse NOLA: Colonial Shopping Centre sells in Harahan

Posted at 08:40h 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 7335 Jefferson Hwy Type: Retail Price: $5,350,000 ($120.37 / SF) Buyer: JEFFERSON ONE SAI PROPERTY LLC Elifin's Notes: The Colonial Shopping Center sells along Jefferson Highway in Harahan 4511 Clearview Pkwy Type: Retail Price: $1,600,000 Buyer: LUSCO&LUSCO LLC Elifin's Notes: The Charvet's Garden Center property sells in the Pontchartrain Shores area 1820 Dickory Ave Type: Retail Price:...

21 Aug Top Permits issued in the New Orleans area, August 21, 2023

Posted at 16:46h in Commercial, News, Research by Elizabeth Novit 0 Comments

// Article originally appeared in New Orleans City Business on August 21, 2023 Permits were granted this week with regards to temporary structures from 400-700 North Claiborne Avenue, in the way of bathrooms, storage containers for portable items, including a stage with ADA ramp, kiosks, hand washing stations, convenience sinks, trash receptacles, tables, and chairs. Congregation on North Claiborne Avenue has...

21 Aug Market Report – New Orleans, LA – July 2023

Posted at 10:59h in Insights, Market Report: New Orleans, Research by ELIFIN® 0 Comments

DOWNLOAD FULL REPORT (PDF) Overall Dollar Volume is down 8.5% The trailing 12 month total dollar volume of sales was $789.4M at the end of Jul 2023 vs. $862.7M at the end of the prior month. Overall Deal Velocity is down 5.88% The trailing 12 month sale count was 416 at the end of Jul 2023 vs. 442 at the end of the prior...

21 Aug Market Report – Baton Rouge, LA – July 2023

Posted at 10:58h in Insights, Market Report: Baton Rouge, Research by ELIFIN® 0 Comments

DOWNLOAD FULL REPORT (PDF) Overall Dollar Volume is down 1.52% The trailing 12 month total dollar volume of sales was $838.0M at the end of Jul 2023 vs. $850.9M at the end of the prior month. Overall Deal Velocity is down 5.0% The trailing 12 month sale count was 456 at the end of Jul 2023 vs. 480 at the end of the prior...

21 Aug The Pulse NOLA: Retail Center sells in St. Claude

Posted at 09:19h 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 8520 Hickory St Type: Multifamily Price: $1,400,000 ($100,000 / Unit) Buyer: WOODMERE DAYCARE L L C Elifin's Notes: Harvey-based investor purchases a 14-unit multifamily property in the Leonidas area 2701 N Hullen St Type: Office Price: $635,000 ($334.21 / SF) Buyer: ULFERS DEVELOPMENT LLC Elifin's Notes: Currently used as Advanced Medical office, this property...