26 Jan The Pulse Northshore: Restaurant property in Covington sold

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

Commercial Sales Recorded Last Week

273 General Patton Ave, Mandeville, LA 70471

Type: Industrial
Price: $635,000 ($100.79 / SF)
Buyer: LOUISIANA REVITALIZATION FUND LLC
Elifin’s Notes: A newly constructed industrial property sells off of Highway 59 in Mandeville.

27061 Louisiana 435, Abita Springs, LA 70420

Type: Land
Price: $485,000 ($0.39 / Land SF)
Buyer: MARK & KASEY LLC
Elifin’s Notes: A 28+ acre parcel of land sells along Highway 435 in Abita Springs.

1000 M C Moore Rd, Hammond, LA 70401

Type: Multifamily
Price: $160,000 ($20,000 / Unit)
Buyer: BRANDON D BROWN LLC
Elifin’s Notes: An 8-unit multifamily property, in need of renovation, sells in Hammond.

84285 Tasso Pierce Rd S, Bogalusa, LA 70427

Type: Industrial
Price: $155,000 ($62.00 / SF)
Buyer: RBB PROPERTIES LLC
Elifin’s Notes: An industrial warehouse property sells in Bogalusa.

516 S Tyler St, Covington, LA 70433

Type: Retail
Price: Withheld
Buyer: M C BANK & TRUST COMPANY
Elifin’s Notes: A restaurant property equipped with a drive-thru sells in Covington.

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.