06 Apr The Pulse Northshore: Local restauranteur purchases McClain’s Pizzeria building

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

Commercial Sales Recorded Last Week

115 Girod St, Mandeville, LA 70448

Type: Retail
Price: $880,000 ($500.00 / SF)
Buyer: APERITIF TERRACE LLC
Elifin’s Notes: Local restauranteur purchases a restaurant property, most recently occupied by McClain’s Pizzeria.

218 Erin Dr, Covington, LA 70433

Type: Industrial
Price: $300,000 ($41.67 / SF)
Buyer: FELDERS LAND COMPANY LLC
Elifin’s Notes: An industrial property sells off of Highway 190 in Covington.

42665 Merchant Ct, Ponchatoula, LA 70454

Type: Land
Price: $210,000 ($4.59 / Land SF)
Buyer: PRIMETIME MOBILE HOME SERVICES LLC
Elifin’s Notes: A 1+ acre parcel sells within an industrial park.

4300 Hwy 22 (Bldg 3), Mandeville, LA 70471

Type: Multifamily
Price: Withheld
Buyer: ROUQUETTE LODGE OWNER LP
Elifin’s Notes: Providence Community Housing purchases the Rouquette Lodge senior apartment complex.

1938 Gause Blvd W, Slidell, LA 70460

Type: Multifamily
Price: Withheld
Buyer: VILLA ADDITIONS OWNER LP
Elifin’s Notes: Providence Community Housing purchases the St. Teresa’s Villa senior apartment complex.

2760 Sgt Alfred Dr, Slidell, LA 70458

Type: Office
Price: Withheld
Buyer: DEEP ROOTS PROPERTY SOLUTIONS, LLC
Elifin’s Notes: An office property changes hands on Sgt Alfred Drive.

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.