News

The Pulse LFT: Lafayette Parish purchases 6-acre parcel

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1001 E Saint Mary Blvd 725 Coolidge St, Lafayette, LA 70503 Type: Office Price: $630,000 ($58.70 / SF) Buyer: VALE REAL ESTATE INVESTMENTS LLC Elifin's Notes: A mult-tenant office building sells in the Oil Center at the Corner of Coolidge Street and East Saint Mary Boulevard 623 Albertson Pkwy 404, 408 Kelsea Drive,...

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The Pulse CBUS: Hidden Lakes Winery property sells

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 4060 Perimeter Dr, Columbus, OH 43228 Type: Industrial Price: $3,200,000 ($415.37 / SF) Buyer: TWAY COLUMBUS LLC Elifin's Notes: An industrial truck terminal sells at Perimeter Drive near I-70 2926, 2944 Sandridge Ave, Columbus, OH 43224 Type: Multifamily Price: $2,100,000 ($75,000 / Unit) Buyer: EASTON TOWNHOMES LLC Elifin's Notes: The 28-unit Sandridge Apartment complex sells...

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The Pulse NOLA: Petite Esplanade shopping center in Metairie sold

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 3216, 3304 W Esplanade Ave, Metairie, LA 70002 Type: Retail Price: $2,800,000 ($170.94 / SF) Buyer: 3216 3304 WEST ESPLANADE LLC Elifin's Notes: The Petite Esplanade Shopping Center changes hands in Metairie 2717 Massachusetts Avenue, Metairie, LA 70003 Type: Land Price: $775,000 ($31.77 / Land SF) Buyer: GMB PROPERTIES 8900 VETERANS LLC Elifin's Notes:...

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The Pulse BR: Walgreens on Highland sold to NY Investor

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 5298 Highland Rd, Baton Rouge, LA 70808 Type: Retail Price: $3,550,000 ($287.80 / SF) Buyer: 5298 Highland Rd LLC Elifin's Notes: Walgreens location on the corner of Highland Rd and Lee Dr sells to New York-based investor. 571 Kornmeyer Plaza Drive, Baton Rouge, LA 70806 Type: Industrial Price:...

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Market Report – New Orleans, LA – April 2024

Overall Dollar Volume is steady The trailing 12 month total dollar volume of sales was $731.5M at the end of Apr 2024. Overall Deal Velocity is steady The trailing 12 month sale count was 398 at the end of Apr 2024.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/05/Market-Report-New-Orleans-LA-April-2024.pdf" attachment_id="11598" viewer_width=100% viewer_height=800px fullscreen=true download=true print=true]...

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Market Report – Baton Rouge, LA – April 2024

Overall Dollar Volume is down 7.73% The trailing 12 month total dollar volume of sales was $545.8M at the end of Apr 2024 vs. $591.5M at the end of the prior month. Overall Deal Velocity is steady The trailing 12 month sale count was 397 at the end of Apr 2024.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/05/Market-Report-Baton-Rouge-LA-April-2024.pdf" attachment_id="11597" viewer_width=100% viewer_height=800px fullscreen=true download=true print=true]...

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Market Report – Columbus, OH – April 2024

Overall Dollar Volume is down 1.5% The trailing 12 month total dollar volume of sales was $1.336B at the end of Apr 2024 vs. $1.356B at the end of the prior month. Overall Deal Velocity is down 1.07% The trailing 12 month sale count was 554 at the end of Apr 2024 vs. 560 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/05/Market-Report-Columbus-OH-April-2024.pdf" attachment_id="11596"...

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The Pulse NOLA: Building housing Daisy Dukes Cafe sells

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 308 Saint Charles Avenue, New Orleans, LA 70130 Type: Mixed-Use Price: $1,925,000 ($234.76 / SF) Buyer: BIG EASY INVESTMENTS LLC OF NEW MEXICO Elifin's Notes: Big Easy Investments LLC of New Mexico purchase a mixed-use property with a street-level restaurant space, currently occupied by Daisy Dukes Cafe, and three...

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The Pulse LFT: Maple Leaf Apartments sold to local investors

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1815 Eraste Landry Rd, Lafayette, LA 70506 Type: Multifamily Price: $805,400 ($67,117 / Unit) Buyer: MAPLE LEAF LIVING LLC Elifin's Notes: A pair of local investors purchase the Maple Leaf Apartments, 12-units, on Eraste Landry Road 113, 114 Twin Meadow Lane, Lafayette, LA 70508 Type: Land Price: $315,000 ($4.95 / Land SF) Buyer: GFYM...

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The Pulse CBUS: Medical property sells for 22.8mm

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 8050 East Main Street, Reynoldsburg, OH 43068 Type: Office Price: $22,750,000 ($362.25 / SF) Buyer: HPO COLUMBUS LLC Elifin's Notes: The Central Ohio Primary Care medical office building sells in Reynoldsburg 1912 Baltimore-Reynoldsburg Rd, Reynoldsburg, OH 43068 Type: Retail Price: $2,000,000 ($510.33 / SF) Buyer: ODW PROPERTIES REYNOLDSBURG LLC Elifin's Notes: A Culver's fast food...

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