News

10 Jun How to Determine Current Market Lease Rates Per Square Foot in Commercial Real Estate

Posted at 12:43h in Commercial, Content, Insights by ELIFIN® 0 Comments

Understanding the market lease rates allows both landlords and tenants to make well-informed decisions when it comes to leasing commercial properties in your market. On the subreddit r/CommercialRealEstate, users discussed the best approach to determining these numbers. Here are some of the tools and methods to get the numbers right. Engage with Brokers for Insider Knowledge One of the most reliable ways...

10 Jun The Pulse LFT: Former KFC property sells on Ambassador Caffery

Posted at 11:10h 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 3328 Ambassador Caffery Pkwy, Lafayette, LA 70506 Type: Retail Price: $1,150,000 ($547.62 / SF) Buyer: 3328 AMBASSADOR CAFFERY LLC Elifin's Notes: The KFC fast food retail property sells near the intersection of Ambassador Caffery Parkway & Johnston Street 1207 N University Ave, Lafayette, LA 70506 Type: Office Price: $460,000 ($139.39 / SF) Buyer: DUPONT...

10 Jun The Pulse NOLA: City of NOLA purchases industrial property for 7mm

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 10500 Hayne Blvd, New Orleans, LA 70127 Type: Multifamily Price: $9,325,000 ($70,644 / Unit) Buyer: Haltere Fund VI, LLC Elifin's Notes: The Haltere Group, a California-based investment firm, purchases the Arbors on the Lake apartment complex 3035 Earhart Blvd, New Orleans, LA 70125 Type: Industrial Price: $7,000,000 ($143.78 / SF) Buyer: CITY OF...

10 Jun The Pulse CBUS: Nationwide Children’s Hospital buys land along Stringtown Rd

Posted at 08:53h 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 4650 Lakehurst Ct, Columbus, OH 43016 Type: Office Price: $7,500,000 ($45.55 / SF) Buyer: HEART OF OHIO CLASSICAL ACADEMY FOUNDATION Elifin's Notes: An office building changes hands in Dublin on Lakehurst Court 745 N Waggoner Rd, Blacklick, OH 43004 Type: Specialty Price: $6,300,000 ($201.87 / SF) Buyer: THE SOLOMON FOUNDATION Elifin's Notes: The Eastpointe Christian...

10 Jun The Pulse BR: Downtown Building in Belle of Baton Rouge complex sold

Posted at 08:53h 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 150 Mayflower St, Baton Rouge, LA 70802 Type: Retail Price: $1,466,000 ($139.62 / SF) Buyer: GLP Capital, LP Elifin's Notes: Gaming & Leisure Properties purchase building in the Belle of Baton Rouge complex downtown. 8220 Goodwood Blvd, Baton Rouge, LA 70806 Type: Office Price: $685,000 ($57.42 / SF) Buyer: Louisiana Organization...

05 Jun The Best Websites to Find Commercial Land for Sale

Posted at 09:57h in Commercial, Content, Insights by ELIFIN® 0 Comments

If you’re looking to develop or invest in commercial land, it’s great to have access to reliable and comprehensive listings. On the subreddit r/realestateinvesting, user fasteddy7283 asked for recommendations for the best online resource or tool to buy land in the United States. These are some of the top websites where you can find commercial land for sale online. 1. Crexi Crexi...

03 Jun The Pulse LFT: Pathway Church purchases their Southcity Pkwy location

Posted at 09:21h 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, Lafayette, LA 70503 Type: Specialty Price: $1,827,829 ($146.46 / SF) Buyer: PATHWAY CHURCH INC Elifin's Notes: Pathway Church Inc. purchases the specialty property which they occupy along Southcity Parkway 100 Cheyenne Dr, Scott, LA 70583 Type: Multifamily Price: $1,089,000 ($60,500 / Unit) Buyer: CASTLE ROW LLC Elifin's Notes: An 18-unit, all 2BR/1BA...

03 Jun The Pulse CBUS: Advance Auto Parts property sells along W Broad

Posted at 09:13h 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 3795 Lockbourne Industrial Pkwy, Columbus, OH 43207 Type: Industrial Price: $2,650,000 ($758.01 / SF) Buyer: QUICKER PROPERTY HOLDINGS LLC Elifin's Notes: An industrial property with an office on 8+ acres of land sells along Lockbourne Industrial Parkway 3612 W Broad St, Columbus, OH 43228 Type: Retail Price: $1,195,000 ($137.55 / SF) Buyer: E&R PROPERTY...

03 Jun The Pulse NOLA: Gilmore Park Apartments sell for 4.1mm

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 1315 Southlawn Blvd, New Orleans, LA 70114 Type: Multifamily Price: $4,100,000 ($53,947 / Unit) Buyer: PG REALTY PRO LLC Elifin's Notes: Local entrepreneur purchases the Gilmore Park Apartments near Delgado Community College on the West Bank 5212 South Claiborne Ave, New Orleans, LA 70115 Type: Specialty Price: $1,920,000 ($136.32 / SF) Buyer: CHURCH...

03 Jun The Pulse BR: Geismar industrial properties sold for 7.2mm

Posted at 09:11h 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 6014, 6124 Copperhead Rd, Geismar, LA 70734 Type: Industrial Price: $4,200,000 ($148.94 / SF) Buyer: Casso Enterprises LLC Elifin's Notes: In one of two purchases this past week, Casso Enterprises LLC purchases two non-adjacent properties within the Copperhead Industrial area in Geismar 6087, 6091 Copperhead Rd, Geismar, LA...