The Pulse NOLA: Entergy purchases 23 acres in Westwego

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

Commercial Sales Recorded Last Week

3601 Bender Blvd, New Orleans, LA 70114
3601 Bender Blvd, New Orleans, LA 70114

Type: Multifamily
Price: $3,100,000 ($38,750 / Unit)
Buyer: OAK VILLA HOUSING 1 LLC
Elifin’s Notes: The Oak Villa Apartments, an 80-unit affordable senior living community, sells for 3.1MM.

234 Harbor Cir, New Orleans, LA 70126
234 Harbor Cir, New Orleans, LA 70126

Type: Industrial
Price: $1,050,000 ($53.85 / SF)
Buyer: KB LAND HOLDINGS LLC
Elifin’s Notes: KB Land Holding LLC acquires an industrial warehouse property near the Lakefront Airport.

1024 Seven Oaks Blvd, Westwego, LA 70094
1024 Seven Oaks Blvd, Westwego, LA 70094

Type: Hospitality
Price: $980,000 ($32,667 / Unit)
Buyer: BRIDGEVIEW HOLDINGS LLC
Elifin’s Notes: The Bridge City Motel, a 30-room property, sells in Westwego.

Lot 20-A-1-A-2 Nicolle Blvd, Westwego, LA 70094
Lot 20-A-1-A-2 Nicolle Blvd, Westwego, LA 70094

Type: Land
Price: $975,155 ($0.97 / Land SF)
Buyer: ENTERGY LOUISIANA LLC
Elifin’s Notes: Entergy Louisiana LLC purchases 23 acres in Westwego.

4520 Downman Rd, New Orleans, LA 70126
4520 Downman Rd, New Orleans, LA 70126

Type: Retail
Price: $530,000 ($173.88 / SF)
Buyer: 4520 DOWNMAN LLC
Elifin’s Notes: A two-story retail property changes ownership in the Pines Village area

2330 Brooklyn Ave, Harvey, LA 70058
2330 Brooklyn Ave, Harvey, LA 70058

Type: Industrial
Price: $375,000 ($73.23 / SF)
Buyer: BTC SUPPLIES LLC
Elifin’s Notes: BTC Supplies LLC purchases an industrial property in Harvey.

3243 Chippewa St, New Orleans, LA 70115
3243 Chippewa St, New Orleans, LA 70115

Type: Land
Price: $182,000 ($40.05 / Land SF)
Buyer: MEYER SHAWNA SING
Elifin’s Notes: A 0.1+ acre parcel of commercial land sells on Chippewa Street.

121 S Jamie Blvd, Avondale, LA 70094
121 S Jamie Blvd, Avondale, LA 70094

Type: Retail
Price: $151,250 ($65.53 / SF)
Buyer: WAREHOUSE 90 LLC
Elifin’s Notes: An auto repair shop property sells in Avondale.

725, 729 Westbank Expy, Gretna, LA 70053
725, 729 Westbank Expy, Gretna, LA 70053

Type: Retail
Price: $137,238 ($35.32 / SF)
Buyer: JENNINGS COMMERCIAL CAPITAL LLC
Elifin’s Notes: Jennings Commercial Capital LLC purchases a commercial property on the Westbank Expressway in Gretna.

2235 Iberville St, New Orleans, LA 70119
2235 Iberville St, New Orleans, LA 70119

Type: Retail
Price: $115,000 ($64.17 / SF)
Buyer: CHUBB, EDEN
Elifin’s Notes: A restaurant/bar property sells at the hard corner of Iberville and North Miro Streets.


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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