A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 1200 Decatur St, New Orleans, LA 70116 Type: Mixed-Use Price: $1,625,000 ($196.54 / SF) Buyer: 1200 DECATUR BAR LLC Elifin's Notes: A three-story mixed use property with retail on the first two floors and two apartments on third floor sells at the corner of Decatur and Governor Nicholls Streets...
A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 2301 Idaho Ave, Kenner, LA 70062 Type: Multifamily Price: $21,151,571 ($74,741 / Unit) Buyer: WESTMINSTER TOWER LP Elifin's Notes: A Tennessee-based company purchases Westminster Tower, a 285-unit senior living apartment property on Idaho Avenue. 1570 Westbank Expy, Harvey, LA 70058 Type: Retail Price: $1,336,250 ($641.81 / SF) Buyer: NABUT BROTHERS LLC Elifin's Notes: Nabut...
A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 3411 S Carrollton Ave, New Orleans, LA 70118 Type: Retail Price: $5,000,000 ($650.28 / SF) Buyer: RBC CAPITAL ENCORE LLC Elifin's Notes: RBC Capital Encore LLC acquires a convenience store/gas station property with multiple tenants at the corner of South Carrollton Avenue and Olive Street. 900 Bridge City Ave, Bridge...
A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 1212 Royal St, New Orleans, LA 70116 Type: Mixed-Use Price: $2,050,000 ($278.15 / SF) Buyer: 1212 ROYAL LLC Elifin's Notes: This mixed-use property has 2 street-level restaurant spaces and 8 residential units on the second floor. 2237, 2249 Arlington Ave, Harvey, LA 70058 Type: Industrial Price: $880,000 ($137.50 / SF) Buyer: HERO LANDS...
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 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,...
A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 840, 848 Carondelet St, New Orleans, LA 70130 Type: Multifamily Price: $28,800,000 ($464,516 / Unit) Buyer: BDS III LA THE GARAGE LLC Elifin's Notes: The Garage, a 62-unit luxury multifamily complex with street-level retail space at 840 Carondelet Street, sells. 1515 Poydras St, New Orleans, LA 70112 Type: Office Price: $26,473,700 ($50.00...
A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 5600 Hayne Blvd, 7649 Townsend Pl, New Orleans, LA 70126 Type: Industrial Price: $2,115,977 ($28.54 / SF) Buyer: RATHBORNE PROPERTIES, LLC Elifin's Notes: A pair of industrial properties located at 5600 Hayne Boulevard and 7649 Townsend Place sell in the Intercoastal industrial area. 2016 Oretha Castle Haley Blvd, New Orleans,...
A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 520, 524 Elmwood Park Blvd, Elmwood, LA 70123 Type: Office Price: $11,443,300 ($109.86 / SF) Buyer: JEFFERSON BUSINESS CENTER INVESTMENT LLC Elifin's Notes: The Jefferson Business Center changes ownership in Elmwood. 212 E Airline Hwy, Kenner, LA 70062 Type: Land Price: $4,550,000 ($14.93 / Land SF) Buyer: 5950 SB GEORGIA HOLDINGS LLC Elifin's Notes:...
A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 888 Terry Pkwy, Terrytown, LA 70056 Type: Retail Price: $2,660,000 ($243.01 / SF) Buyer: DALAHN 2 LLC Elifin's Notes: A local investor purchases the CVS Property on the Terry Parkway in Terrytown. 3127, 3129 Short St, New Orleans, LA 70125 Type: Retail Price: $1,700,000 ($256.80 / SF) Buyer: ALLISON & GLENN INC Elifin's Notes:...
A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 10826 Hayne Blvd, New Orleans, LA 70127 Type: Retail Price: $600,000 ($64.29 / SF) Buyer: GARDE POINT SEAFOOD LLC Elifin's Notes: Garde Point Seafood LLC acquires a retail property at the corner of Hayne Boulevard and Lafourche Street. 2067 Poydras St, New Orleans, LA 70112 Type: Industrial Price: $555,000 ($78.30 / SF) Buyer:...