23 Feb The Pulse Northshore: Plastic manufacturing facility sold for 6.5mm

Posted at 09:19h 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

60051 Camp Villere Rd, Slidell, LA 70460

Type: Industrial
Price: $6,500,000 ($87.84 / SF)
Buyer: CHP CONDUIT MANUFACTURING LLC
Elifin’s Notes: A New Orleans-based private equity firm purchases an industrial facility occupied by a plastic manufacturing company.

705 N Causeway Blvd, Mandeville, LA 70448

Type: Retail
Price: $1,500,000 ($182.93 / SF)
Buyer: JR INVESTMENT GROUP LLC
Elifin’s Notes: A three-building retail property sells along North Causeway Boulevard near the Causeway.

22129 Marshall Rd, Mandeville, LA 70471

Type: Industrial
Price: $1,185,000 ($322.01 / SF)
Buyer: SHELTON ENERGY SOLUTIONS LLC
Elifin’s Notes: Built in 2024, this industrial property features a warehouse with office space on a fenced-in 3 acre tract of land.

4060 Hwy 59, Mandeville, LA 70471

Type: Retail
Price: $700,000 ($116.67 / SF)
Buyer: 5-S PROPERTIES LLC
Elifin’s Notes: In addition to the commercial showroom/office/warehouse property, the sale includes a ground lease to Take 5 Oil Change, which occupies a separate portion of the parcel.

1928 1st St, Slidell, LA 70458

Type: Retail
Price: $355,000 ($147.92 / SF)
Buyer: VOYAGE PROPERTY HOLDINGS LLC
Elifin’s Notes: A retail property sells on umbrella alley in Olde Towne Slidell.

Tract 2B Belle Dr, Hammond, LA 70403

Type: Land
Price: $190,000 ($4.59 / Land SF)
Buyer: C & E FAUST LLC
Elifin’s Notes: Owners of the commercial property located at the corner of Veterans Ave and Belle Dr in Hammond purchase the lot to the rear of their existing building.

5001 Hwy 190 E Service Rd (Unit A-3), Covington, LA 70433

Type: Office
Price: $165,000 ($129.11 / SF)
Buyer: LNJ HOLDINGS LLC
Elifin’s Notes: An office condo unit sells within the Fairway Office Park.

71007 Hwy 41, Pearl River, LA 70452

Type: Retail
Price: $114,500 ($56.71 / SF)
Buyer: NIXON DESTANIE WOODS; NIXON TREVOR
Elifin’s Notes: A two-building retail property sells along Hwy 41 in Pearl River.

Commercial Permits Issued Last Week

Address	Type	Value	Owner / Contractor
400 RIVER HIGHLAND BLVD, COVINGTON	Commercial	$2,225	[O] RIVER HIGHLANDS PROPERTIES LLC [C] BURAS SIGNS Eugenia Buras
37464 Dr. TJ Smith Sr. Memorial Expressway, Slidell	Commercial	$0	[O] Leon Lowe & Sons Partnership [C] Lowe Toby
11566 Tantela Ranch Rd, Covington	Commercial	$0	[O] Chad Goubert [C]
Brewster Road (west of hwy 1077), Madisonville	Commercial	$0	[O] LA [C] RDF, LLc Richard ‘Bo’ Foil
Hwy 1077 & Serene Ln, Covington	Commercial	$0	[O] Shelly Becker Bock & Michael Bock [C]
24102 EJ OALMANN RD, BUSH	Commercial	$0	[O] JAMES CLESI [C] JAMS CLESI JAMS CLESI
75412 HWY 25, COVINGTON	Commercial	$0	[O] Twin Enterprises LLC [C] PELICAN STATE ELECTRIC, LLC BRANDON RIORDAN
70164 ATLAS RD, PEARL RIVER	Commercial	$0	[O] Amrize South Central [C] GULF SOUTH ELECTRIC AND SOLAR LLC KEITH GRAVOIS
960 E I-10 Service Road, Slidell	Commercial	$0	[O] Two Sisters Billiards and Cafe [C]
2255 11TH ST, MANDEVILLE	Commercial	$0	[O] [C]
19352 N 2ND ST, COVINGTON	Commercial	$0	[O] FORGOTTEN FELINES RESCUE [C] FORGOTTEN FELINES RESCUE ALYSSA THOMPSON

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.

Elifin Realty

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