The Pulse NOLA: Construction materials company purchases 3 properties

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

Commercial Sales Recorded Last Week

112 23rd St - 2308 Piedmont St, Kenner, LA 70062
112 23rd St – 2308 Piedmont St, Kenner, LA 70062

Type: Industrial
Price: $2,261,000 ($92.22 / SF)
Buyer: SIV GRACE PROPERTIES LLC
Elifin’s Notes: SIV Grace Properties LLC acquires three industrial buildings and 0.36+ acre parcel of vacant land just north of the Airport in Kenner.

2249 Piedmont St, Kenner, LA 70062
2249 Piedmont St, Kenner, LA 70062

Type: Industrial
Price: $1,050,000 ($97.22 / SF)
Buyer: 2249 PIEDMONT LLC
Elifin’s Notes: An industrial property changes ownership on Piedmont Street.

5050, 5058 Lapalco Blvd, Marrero, LA 70072
5050, 5058 Lapalco Blvd, Marrero, LA 70072

Type: Retail
Price: $899,900 ($61.00 / SF)
Buyer: CELEBRATION CHURCH INC
Elifin’s Notes: Celebration Church acquires a retail property, utilized as a religious facility, on Lapalco Boulevard.

2054 Paxton St, Harvey, LA 70058
2054 Paxton St, Harvey, LA 70058

Type: Industrial
Price: $400,000 ($70.00 / SF)
Buyer: CURRANCO LLC
Elifin’s Notes: Curranco LLC acquires an industrial property on Paxton Street.

2200 Houma Blvd, Metairie, LA 70001
2200 Houma Blvd, Metairie, LA 70001

Type: Office
Price: $252,800 ($140.44 / SF)
Buyer: URE HOLDINGS LLC
Elifin’s Notes: URE Holdings LLC acquires an office property at the hard corner of Houma Boulevard and West Napoleon Avenue.

3012 Lime St, Metairie, LA 70006
3012 Lime St, Metairie, LA 70006

Type: Industrial
Price: $200,000 ($145.99 / SF)
Buyer: J&M REAL ESTATE HOLDINGS LLC
Elifin’s Notes: J&M Real Estate Holdings LLC acquires a used-car sales property within an industrial area on Lime Street.

731 Girod St, New Orleans, LA 70130
731 Girod St, New Orleans, LA 70130

Type: Land
Price: $150,000 ($86.09 / Land SF)
Buyer: CASTLE H 731 LLC
Elifin’s Notes: CBD property owner purchases the parking lot situated behind their existing building.

2748 Metairie Lawn Dr, Metairie, LA 70002
2748 Metairie Lawn Dr, Metairie, LA 70002

Type: Office
Price: Withheld
Buyer: QUIKRETE CONSTRUCTION MATERIALS LLC
Elifin’s Notes: Quikrete Construction Materials LLC acquires an office property behind the Rouses Market on Veterans.

2800, 2829 Frenchmen St, New Orleans, LA 70122
2800, 2829 Frenchmen St, New Orleans, LA 70122

Type: Industrial
Price: Withheld
Buyer: QUIKRETE CONSTRUCTION MATERIALS LLC
Elifin’s Notes: This is one of two similar purchases by Quikrete Construction Materials LLC to acquire an industrial cement mixing facility off of Elysian Fields Avenue.

33483 Abundance St, New Orleans, LA 70122
33483 Abundance St, New Orleans, LA 70122

Type: Industrial
Price: Withheld
Buyer: QUIKRETE CONSTRUCTION MATERIALS LLC
Elifin’s Notes: This is one of two similar purchases by Quikrete Construction Materials LLC to acquire an industrial cement mixing facility off of Elysian Fields Avenue.


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
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