News

The Pulse LFT: City of Lafayette purchases 18+ acres near Debaillon Park

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 3735 Hwy 90 E, Broussard, LA 70518 Type: Industrial Price: $2,000,000 ($44.53 / SF) Buyer: 3735 90 LLC Elifin's Notes: An industrial property with multiple buildings sells along Highway 90 in Broussard. 100BLK Chappuis Dr, Lafayette, LA 70501 Type: Land Price: $1,050,000 ($3.47 / Land SF) Buyer: ARBOURS AT ACADIANA LLC Elifin's Notes: The Arbours...

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The Pulse CBUS: Former Burger King on Cleveland Ave sells

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 572 S Nelson Rd, Columbus, OH 43205 Type: Industrial Price: $1,815,703 ($30.44 / SF) Buyer: 572 S NELSON LLC Elifin's Notes: Through two transactions, an investor acquires this set of industrial warehouses in the Bexley area. 3034 Westerville Rd, Columbus, OH 43224 Type: Industrial Price: $1,652,400 ($107.58 / SF) Buyer: 5242 ANGOLA RD LLC Elifin's...

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The Pulse NOLA: Estella’s Home retail property sells for 1.45mm

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 601 N Frisco Ave, Metairie, LA 70005 Type: Retail Price: $1,450,000 ($290.00 / SF) Buyer: FRISCO ESTELLE LLC Elifin's Notes: Frisco Estelle LLC acquires the Estella's Home property at the intersection of Frisco Avenue and Metairie Road. 122, 126 Harrison Ave, New Orleans, LA 70124 Type: Office Price: $969,000 ($519.85 / SF) Buyer:...

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The Pulse BR: City of Baton Rouge purchases property on Greenwell St

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 324 Lee Dr, Baton Rouge, LA 70808 Type: Retail Price: $1,700,000 ($242.86 / SF) Buyer: Shree Raina 324 Lee LLC Elifin's Notes: Local investors purchase retail center on Lee Dr. 320 Lee Dr, Baton Rouge, LA 70808 Type: Retail Price: $1,550,000 ($221.43 / SF) Buyer: Shree Geeta 320 LLC Elifin's Notes: Local...

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Market Minute: September Office Report

What's going on in the Office Market, with Fabian Edwards and Jacob Loveland. [embed]https://youtube.com/shorts/FRWCYiCCZLY[/embed] Transcript: The office market—there's been a little bit of, maybe, a sigh of relief. Everyone kind of sees the writing on the wall that we are trending back toward a more typical market cycle. Rates are going to continue to come down, and hopefully, that will cause more deals...

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The Pulse LFT: Land sold for Arbours at Lafayette apartments expansion

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 7616, 7620 Johnston St, Maurice, LA 70503 Type: Industrial Price: $3,600,000 ($107.46 / SF) Buyer: RIGID REAL ESTATE HOLDINGS LLC Elifin's Notes: Ridge Real Estate Holdings acquires an industrial property with multiple buildings on 8+ acres near Maurice. 3420 NE Evangeline Thwy, Lafayette, LA 70507 Type: Land Price: $2,000,000 ($2.87 / Land SF) Buyer:...

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The Pulse BR: Chick-fil-A purchases new restaurant location

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week Tract Y-8-A-1-A Woodbine Ct, Prairieville, LA 70769 Type: Land Price: $10,960,850 ($1.35 / Land SF) Buyer: Magnolia Ridge Logistics Investment LLC Elifin's Notes: A 186+ acre tract of land sells in Prairieville. 511 N Airline Hwy, Gonzales, LA 70737 Type: Retail Price: $2,500,000 ($446.43 / SF) Buyer: Chick-fil-A Inc Elifin's Notes: Chick-fil-A...

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The Pulse NOLA: Crowder Retail Center sells for over 3 million

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 5790 Crowder Blvd, New Orleans, LA 70127 Type: Retail Price: $3,200,000 ($100.77 / SF) Buyer: 5790 CROWDER LLC Elifin's Notes: A Houston-based entity purchases the Crowder Retail Center in the West Lake Forest area. 2842, 2844 Magazine St, New Orleans, LA 70130 Type: Mixed-Use Price: $1,700,000 ($358.50 / SF) Buyer: Logan, Thomas B;...

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The Pulse CBUS: Former Ruth’s Chris Steakhouse property sells

A weekly update on the commercial real estate landscape of Columbus. Commercial Sales Recorded Last Week 4040 E Broad St, Columbus, OH 43213 Type: Healthcare Price: $7,050,000 ($461.81 / SF) Buyer: BCP OH PROPERTIES LLC Elifin's Notes: The White Light Behavioral Health property sells in Whitehall. 1429, 1439, 1445, 1449 E N Broadway Ave, Columbus, OH 43224 Type: Multifamily Price: $2,200,000 ($137,500 / Unit) Buyer: BCP OH PROPERTIES LLC Elifin's Notes:...

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