News

15 Jun The Pulse NOLA: Restaurant property near Yacht Club sold

Posted at 08:51h 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 7400 Lakeshore Dr, New Orleans, LA 70124 Type: Retail Price: $2,400,000 ($571.43 / SF) Buyer: FELIXS LAKEFRONT L L C Elifin's Notes: A restaurant property sells on Lakeshore Drive. 4624 S Claiborne Ave, New Orleans, LA 70125 Type: Office Price: $1,790,000 ($211.58 / SF) Buyer: WICHITA INVESTMENT LLC Elifin's Notes: An Arkansas-based company purchases...

15 Jun The Pulse BR: Advanced Auto Parts location sold on Hwy 44

Posted at 08:48h 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 12516 Hwy 44, Gonzales, LA 70737 Type: Retail Price: $1,050,000 ($158.78 / SF) Buyer: Auto Parts Hwy 44 LLC Elifin's Notes: An Advance Auto Parts branch property sells on Highway 44. 11021 Perkins Rd, Baton Rouge, LA 70810 Type: Office Price: $472,455 ($89.33 / SF) Buyer: Verdict...

08 Jun The Pulse Northshore: St. Tammany Health System acquires 3.85 acres

Posted at 09:02h in Research, The Pulse, The Pulse: Northshore by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of The Northshore. Commercial Sales Recorded Last Week 142 Tortorice Lane, Independence, LA 70443 Type: Industrial Price: $1,000,000 ($113.64 / SF) Buyer: DAYS WHOLESALE LLC Elifin's Notes: An industrial property sells in Independence. 94 Rue Maison du Lac Blvd, Covington, LA 70433 Type: Land Price: $995,782 ($5.94 / Land SF) Buyer: ST TAMMANY HEALTH SYSTEM Elifin's Notes: The Saint Tammany Health System...

08 Jun The Pulse LFT: NY-based company purchases three industrial properties

Posted at 08:56h 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 2008, 2010 W Pinhook Rd, Lafayette, LA 70508 Type: Office Price: $1,600,000 ($251.97 / SF) Buyer: RELIANT INVESTMENTS LLC Elifin's Notes: An office property sells on West Pinhook. 216 Old Farm Rd, Broussard, LA 70518 Type: Industrial Price: $1,469,292 ($59.49 / SF) Buyer: PRENN REALTY LLC Elifin's Notes: A New York-based investment company purchases this...

08 Jun The Pulse NOLA: Distribution facility sold for 23.5mm

Posted at 08:52h 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 809 Jefferson Hwy, New Orleans, LA 70121 Type: Industrial Price: $23,500,000 ($73.83 / SF) Buyer: LONE OAK JEFFERSON LLC Elifin's Notes: Reyes Holdings, an Illinois-based food and beverage producer and distributor, purchases a distribution property on Jefferson Highway. 4933, 4935 Magazine St, New Orleans, LA 70115 Type: Retail Price: $3,450,000 ($308.56 /...

08 Jun The Pulse BR: Former Sammy’s property in Zachary sells

Posted at 08:41h 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 11805 Darryl Dr; 11826, 11844, 11864 S Choctaw Dr, Baton Rouge, LA 70815 Type: Industrial Price: $2,519,500 ($31.14 / SF) Buyer: OBC Baton Rouge LLC Elifin's Notes: A New York-based company acquires an industrial property on South Choctaw Drive. 7880 Jefferson Hwy, Baton Rouge, LA 70809 Type: Retail Price: $1,800,000...

05 Jun One Week to Find What Months Couldn’t

Posted at 07:44h in Results by ELIFIN® 0 Comments

Sam Johns of ELIFIN® represented the seller in the successful sale of the commercial condo unit located at 1101 Hugh Wallis Rd S, Unit 104 in Lafayette, LA. Challenge By the time Sam got involved, the client was frustrated. The property had been on the market without meaningful traction, and the owner was seriously considering pulling the listing and attempting to sell...

01 Jun The Pulse Northshore: Harbor Freight property in Covington sold

Posted at 11:06h in Research, The Pulse, The Pulse: Northshore by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of The Northshore. Commercial Sales Recorded Last Week 290 Tower Rd, Ponchatoula, LA 70454 Type: Industrial Price: $3,080,000 ($138.45 / SF) Buyer: TP2 OF HAMMOND LLC Elifin's Notes: An industrial facility with a lay down yard sells on Tower Road. 10209 Park Pl, Hammond, LA 70403 Type: Mixed-Use Price: $2,670,000 ($74.17 / SF) Buyer: CROWN STORAGE HAMMOND RV LLC Elifin's Notes: This...

01 Jun The Pulse LFT: Local investors purchase renowned downtown building

Posted at 11:01h 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 500 Jefferson St; 500 S Buchanan St, Lafayette, LA 70501 Type: Mixed-Use Price: $2,600,000 ($173.33 / SF) Buyer: WALKING ANTIQUE LLC Elifin's Notes: A local pair purchases the renowned mixed-use property featuring an event space and restaurant on the ground floor and apartments on the second, along with an adjacent...

01 Jun The Pulse NOLA: The Exchange Pickleball property sold to Illinois company

Posted at 10:55h 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 460 Josephine St; 2120 Rousseau St, New Orleans, LA 70130 Type: Retail Price: $5,200,000 ($281.10 / SF) Buyer: CSH 2120 ROUSSEAU LLC Elifin's Notes: An Illinois-based company acquires a former warehouse turned pickle ball amusement space. 4841 Zenith St, Metairie, LA 70001 Type: Multifamily Price: $1,200,000 ($100,000 / Unit) Buyer: 4841 ZENITH STREET...