The Pulse NOLA: Gayle Benson purchases land, 65mm apartment sale

A weekly update on the commercial real estate landscape of New Orleans.

Commercial Sales Recorded Last Week

1499 Central Park Blvd, Harvey, LA 70058
1499 Central Park Blvd, Harvey, LA 70058

Type: Multifamily
Price: $65,000,000 ($180,556 / Unit)
Buyer: FC HARVEY LLC
Elifin’s Notes: The Waters at Manhattan, a 360-unit multifamily property in Harvey, sells

6364 Woodland Hwy, New Orleans, LA 70131
6364 Woodland Hwy, New Orleans, LA 70131

Type: Multifamily
Price: $6,500,000 ($43,046 / Unit)
Buyer: 9900 TIMBER RIDGE LLC
Elifin’s Notes: The Timber Ridge Apartment Complex in Algiers sells

3434 Prytania St (Units 430, 430-A), New Orleans, LA 70115
3434 Prytania St (Units 430, 430-A), New Orleans, LA 70115

Type: Office
Price: $1,438,647 ($338.03 / SF)
Buyer: FORAN HOLDINGS LLC
Elifin’s Notes: A pair of medical office units sells within the Buckman Medical Office Building on Prytania Street

777 Behrman Hwy, Gretna, LA 70056
777 Behrman Hwy, Gretna, LA 70056

Type: Office
Price: $475,000 ($82.75 / SF)
Buyer: SMALL WORLD CHRISTIAN ACADEMY CORP
Elifin’s Notes: A two-story office building changes hands in Terrytown

4600 Washington Ave, New Orleans, LA 70125
4600 Washington Ave, New Orleans, LA 70125

Type: Retail
Price: $325,000 ($325.00 / SF)
Buyer: GARYWEI FOOD SERVICE LLC
Elifin’s Notes: A restaurant property sells at Clio Street and Washington Avenue

390 Douglas Lane, Marrero, LA 70072
390 Douglas Lane, Marrero, LA 70072

Type: Industrial
Price: $210,000 ($46.81 / SF)
Buyer: GILLENWATER JOSEPH L II; GILLENWATER SARAH G
Elifin’s Notes: An industrial property changes hands in Marrero

8900 Veterans Memorial Blvd, Metairie, LA 70003
8900 Veterans Memorial Blvd, Metairie, LA 70003

Type: Land
Price: Withheld
Buyer: GMB PROPERTIES 8900 VETERANS LLC
Elifin’s Notes: Gayle Benson, through an entity, purchases 3.1+ acres of paved land near the Airport


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 $300,000. 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
marketing@elifinrealty.com
No Comments

Post A Comment