News

23 Jun The Pulse NOLA: LSU Board of Supervisors acquires industrial warehouse

Posted at 09:24h 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 10826 Hayne Blvd, New Orleans, LA 70127 Type: Retail Price: $600,000 ($64.29 / SF) Buyer: GARDE POINT SEAFOOD LLC Elifin's Notes: Garde Point Seafood LLC acquires a retail property at the corner of Hayne Boulevard and Lafourche Street. 2067 Poydras St, New Orleans, LA 70112 Type: Industrial Price: $555,000 ($78.30 / SF) Buyer:...

16 Jun The Pulse LFT: Northgate Mall sells to local investor

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 1800 NE Evangeline Thwy, Lafayette, LA 70501 Type: Retail Price: $2,800,000 ($11.11 / SF) Buyer: HUB CITY PLAZA LLC Elifin's Notes: Local developer purchases the Northgate Mall. 121 Abigayles Row, Scott, LA 70583 Type: Industrial Price: $440,000 ($110.00 / SF) Buyer: BOULIGNY PROPERTIES & LAND LLC Elifin's Notes: Bouligny Properties & Land LLC acquires an...

16 Jun The Pulse NOLA: Hilton property on Saint Charles sells for 47mm

Posted at 09:31h 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 333 St Charles Ave, New Orleans, LA 70130 Type: Hospitality Price: $47,000,000 ($186,508 / Unit) Buyer: HC GRAND LODGE HOTEL OWNER LLC Elifin's Notes: The Hilton Hotel property on Saint Charles Avenue sells. 300 Hord St, 6101 Beven St, New Orleans, LA 70121 Type: Industrial Price: $1,862,500 ($44.79 / SF) Buyer: HORD300 HOLDING...

16 Jun The Pulse BR: Chicken Salad Chick property on West Lee Drive sells

Posted at 09:29h 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 7701 Plank Rd, Baton Rouge, LA 70811 Type: Specialty Price: $14,921,604 ($181.97 / SF) Buyer: HAA Properties Elifin's Notes: Helix Community Schools purchases the property housing its Aviation Academy off of Plank Road. 18444 Highland Rd, Baton Rouge, LA 70809 Type: Office Price: $3,979,642 ($221.32 / SF) Buyer: 18444 Highland LLC Elifin's...

09 Jun The Pulse NOLA: Lafreniere Assisted Living Center sells in Metairie

Posted at 09:32h 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 2609 Ridgelake Dr, Metairie, LA 70002 Type: Industrial Price: $1,125,000 ($113.64 / SF) Buyer: RIDGELAKE ENTERPRISE LLC Elifin's Notes: An industrial property with warehouse and office space sells on Ridgelake Drive in Metairie. 2532 Poydras St, New Orleans, LA 70119 Type: Industrial Price: $777,000 ($62.38 / SF) Buyer: 2532 POYDRAS PROPERTY LLC Elifin's Notes:...

09 Jun The Pulse LFT: Shopping center on Ambassador Caffery sold for 5.8mm

Posted at 09:31h 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 2240 Ambassador Caffery Pkwy, Lafayette, LA 70506 Type: Retail Price: $5,800,000 ($68.67 / SF) Buyer: WAX FAIRVIEW LLC Elifin's Notes: Wax Fairview LLC, a California-based company, acquires a Shoppers Value anchored neighborhood center property at the corner of Ambassador Caffery Parkway and Dulles Drive. 926, 930 Veterans Dr, Carencro, LA 70520 Type:...

09 Jun The Pulse BR: Roux 61 property sold to Baton Rouge Orthopaedic Clinic

Posted at 09:30h 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 8322 Bluebonnet Blvd, Baton Rouge, LA 70810 Type: Retail Price: $3,050,000 ($281.63 / SF) Buyer: BROC Real Estate Development LLC Elifin's Notes:Baton Rouge Orthopaedic Clinic's real estate arm purchases the Roux 61 restaurant property on Bluebonnet Boulevard. 159.573 acres Old Scenic Hwy, Zachary, LA 70791 Type: Land Price: $1,725,942 ($0.25...

02 Jun The Pulse LFT: Metairie Centre sells for 8.18mm

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 103, 107 Centre Sarcelle Blvd, Youngsville, LA 70592 Type: Retail Price: $8,175,000 ($246.14 / SF) Buyer: METAIRIE YOUNGSVILLE LLC; EAT METAIRIE YOUNGSVILLE LLC Elifin's Notes: The Metairie Centre retail property sells in Youngsville. 148B Banks Ave, Lafayette, LA 70506 Type: Industrial Price: $900,000 ($120.00 / SF) Buyer: DA BANKS AVE LLC Elifin's Notes: A Georgia-based...

02 Jun The Pulse NOLA: Dollar General property sells on Downman Road

Posted at 09:31h 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 6500 Downman Rd, New Orleans, LA 70126 Type: Retail Price: $560,000 ($62.04 / SF) Buyer: 6500 DOWNMAN INVESTMENT LLC Elifin's Notes: A Dollar General occupied retail property trades on Downman Road. 2001 Georgia Ave, Kenner, LA 70062 Type: Retail Price: $550,000 ($259.43 / SF) Buyer: ROBBIES BAR LLC Elifin's Notes: Robbie's Bar LLC acquires...

02 Jun The Pulse BR: Two psychiatric facilities sell for 15.7mm

Posted at 09:30h 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 11950-12112 Greenwell Springs Port Hudson Rd, Baton Rouge, LA 70814 Type: Healthcare Price: $8,429,200 ($167.58 / SF) Buyer: Seaside Healthcare RE PHP LLC Elifin's Notes: The Graph Group, a New Jersey-based investment company, purchases a psychiatric facility in Zachary. 4363 Convention St, Baton Rouge, LA 70806 Type: Healthcare Price: $7,311,400...