19 Jan The Pulse Northshore: Large industrial facility sold for 6.2mm

A weekly update on the commercial real estate landscape of The Northshore.

Commercial Sales Recorded Last Week

42548 Happywoods Rd, Hammond, LA 70403

Type: Industrial
Price: $6,200,000 ($77.50 / SF)
Buyer: SNT GLOBAL INC.
Elifin’s Notes: An 80,000 sq ft industrial facility sells on Happywoods Road in Hammond.

51659 Hwy 443, Loranger, LA 70446

Type: Retail
Price: $4,500,000 ($937.50 / SF)
Buyer: B & S SINGH 2 LLC
Elifin’s Notes: The Dawn Express convenience store/gas station sells in Loranger.

42124 Veterans Ave, Hammond, LA 70403

Type: Office
Price: $1,350,000 ($263.31 / SF)
Buyer: M J FALGOUST INC
Elifin’s Notes: A medical office building sells next to the North Oaks Surgery Center.

806 S Tyler St, Covington, LA 70433

Type: Office
Price: $799,000 ($228.09 / SF)
Buyer: BOJA GROUP LLC
Elifin’s Notes: An office property sells along South Tyler Street in Covington.

56.5866 acres Hood Rd, Hammond, LA 70403

Type: Land
Price: $367,813 ($0.15 / Land SF)
Buyer: HARPER, CLYDE; COATS, BARBARA
Elifin’s Notes: A pair of local business owners purchase 56+ acres along Hood Road.

791 Robert Blvd, Slidell, LA 70458

Type: Retail
Price: $340,000 ($73.91 / SF)
Buyer: ALLURE HAIR STUDIO LLC
Elifin’s Notes: A retail property with three units sells in Slidell.

Tract A Hwy 40, Independence, LA 70446

Type: Land
Price: $185,000 ($2.12 / Land SF)
Buyer: INDEPENDENCE HWY 40 DG LLC
Elifin’s Notes: A nearly 2 acre tract of land sells along Highway 40 in Independence.

60375 N Military Rd, Slidell, LA 70461

Type: Multifamily
Price: Withheld
Buyer: SOUTHERN MANOR MOBILE HOME COMMUNITY LLC
Elifin’s Notes: The Southern Manor Mobile Home Park featuring 82 sites sells in Slidell.

1220 Cousin St, Slidell, LA 70458

Type: Multifamily
Price: Withheld
Buyer: BISHOP MOBILE HOME COMMUNITY LLC
Elifin’s Notes: The Bishop Mobile Home Park featuring 41 sites sells in Slidell.

Commercial Permits Issued Last Week

Sale records included based on the following parameters: Building and commercial land sales with a sales price that is either withheld or greater than or equal to $100,000. Multifamily sales greater than or equal to 5 units. Sale must be an arm’s length transaction (between unrelated parties). Best efforts are made to provide complete and reliable information, but accuracy is not guaranteed and the reader bears the responsibility to verify the accuracy of such information prior to forwarding it, utilizing it, or relying on it in any way.