15 Jun The Pulse Northshore: Owners of John’s Supermarket purchase 5 acres

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

Commercial Sales Recorded Last Week

126 Holiday Blvd, Slidell, LA 70460

Type: Hospitality
Price: $2,450,000 ($41,525 / Unit)
Buyer: THAKORJI LLC
Elifin’s Notes: A Troy, Alabama-based buyer purchases a 59-unit La Quinta Inn & Suites.

925 Lafitte St, Mandeville, LA 70448

Type: Industrial
Price: $1,200,000 ($93.75 / SF)
Buyer: FIVE FAMILIES PROPERTY GROUP, LLC
Elifin’s Notes: An investment industrial property with 5 suites sells.

65275 Hwy 41, Pearl River, LA 70452

Type: Industrial
Price: $685,000 ($74.46 / SF)
Buyer: MORGAN & SONS ENTERPRISES LLC
Elifin’s Notes: A local buyer purchases an industrial property with a pair of out buildings.

18504 Hwy 22, Ponchatoula, LA 70454

Type: Land
Price: Withheld
Buyer: JOHN’S SUPERMARKET OF EAST PONCHATOULA LLC
Elifin’s Notes: The owners of John’s Supermarket purchase 5 acres at the corner of Hoover Rd & Hwy 22.

1318 Gause Blvd, Slidell, LA 70458

Type: Land
Price: Withheld
Buyer: DW SLIDELL BROS LLC
Elifin’s Notes: A commercial brokerage out of Dallas buys a 0.6+ acre tract of land on Gause Boulevard.

Lot SP2 W Thomas St, Hammond, LA 70401

Type: Land
Price: Withheld
Buyer: DW HAMMOND BROS LLC
Elifin’s Notes: A Dallas-based commercial brokerage purchases a 0.5+ acre outparcel to the Seville Plaza shopping mall.

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.