08 Jun The Pulse Northshore: St. Tammany Health System acquires 3.85 acres

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

Commercial Sales Recorded Last Week

142 Tortorice Lane, Independence, LA 70443

Type: Industrial
Price: $1,000,000 ($113.64 / SF)
Buyer: DAYS WHOLESALE LLC
Elifin’s Notes: An industrial property sells in Independence.

94 Rue Maison du Lac Blvd, Covington, LA 70433

Type: Land
Price: $995,782 ($5.94 / Land SF)
Buyer: ST TAMMANY HEALTH SYSTEM
Elifin’s Notes: The Saint Tammany Health System acquires a 3.85 acre tract of land next to their Covington Campus.

821 Hwy 437, Covington, LA 70433

Type: Land
Price: $460,000 ($6.81 / Land SF)
Buyer: NORTHLAKE DENTAL PROPERTIES LLC
Elifin’s Notes: A local business owner purchases a 1.5+ acre tract along Bayou Flaya.

49397 River Rd, Hammond, LA 70401

Type: Land
Price: $335,000 ($0.20 / Land SF)
Buyer: WHISPERWOOD LLC
Elifin’s Notes: A 38+ acre tract of land sells on River Road in Hammond.

28093 Hwy 190, Lacombe, LA 70445

Type: Retail
Price: $200,000 ($125.00 / SF)
Buyer: PALMTREES SWEET SHOPPE LLC
Elifin’s Notes: A retail property sells along Hwy 190 in Lacombe.

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.