The Pulse: New Orleans

21 Jul The Pulse NOLA: The Garage complex sells for 28.8mm

Posted at 09:31h in Research, The Pulse, The Pulse: New Orleans by ELIFIN® 0 Comments

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...

14 Jul The Pulse NOLA: Melba’s Restaurant property sells

Posted at 10:19h in Research, The Pulse, The Pulse: New Orleans by ELIFIN® 0 Comments

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,...

07 Jul The Pulse NOLA: Jefferson Business Center sells for 11.4mm

Posted at 09:16h in Research, The Pulse, The Pulse: New Orleans by ELIFIN® 0 Comments

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:...

30 Jun The Pulse NOLA: 718-Unit multifamily property sells

Posted at 09:14h in Research, The Pulse, The Pulse: New Orleans by ELIFIN® 0 Comments

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:...

23 Jun The Pulse NOLA: LSU Board of Supervisors acquires industrial warehouse

Posted at 09:24h in Research, The Pulse, The Pulse: New Orleans by ELIFIN® 0 Comments

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:...

16 Jun The Pulse NOLA: Hilton property on Saint Charles sells for 47mm

Posted at 09:31h in Research, The Pulse, The Pulse: New Orleans by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 333 St Charles Ave, New Orleans, LA 70130 Type: Hospitality Price: $47,000,000 ($186,508 / Unit) Buyer: HC GRAND LODGE HOTEL OWNER LLC Elifin's Notes: The Hilton Hotel property on Saint Charles Avenue sells. 300 Hord St, 6101 Beven St, New Orleans, LA 70121 Type: Industrial Price: $1,862,500 ($44.79 / SF) Buyer: HORD300 HOLDING...

09 Jun The Pulse NOLA: Lafreniere Assisted Living Center sells in Metairie

Posted at 09:32h in Research, The Pulse, The Pulse: New Orleans by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 2609 Ridgelake Dr, Metairie, LA 70002 Type: Industrial Price: $1,125,000 ($113.64 / SF) Buyer: RIDGELAKE ENTERPRISE LLC Elifin's Notes: An industrial property with warehouse and office space sells on Ridgelake Drive in Metairie. 2532 Poydras St, New Orleans, LA 70119 Type: Industrial Price: $777,000 ($62.38 / SF) Buyer: 2532 POYDRAS PROPERTY LLC Elifin's Notes:...

02 Jun The Pulse NOLA: Dollar General property sells on Downman Road

Posted at 09:31h in Research, The Pulse, The Pulse: New Orleans by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 6500 Downman Rd, New Orleans, LA 70126 Type: Retail Price: $560,000 ($62.04 / SF) Buyer: 6500 DOWNMAN INVESTMENT LLC Elifin's Notes: A Dollar General occupied retail property trades on Downman Road. 2001 Georgia Ave, Kenner, LA 70062 Type: Retail Price: $550,000 ($259.43 / SF) Buyer: ROBBIES BAR LLC Elifin's Notes: Robbie's Bar LLC acquires...

26 May The Pulse NOLA: Ted’s Frostop in Uptown sells

Posted at 08:17h in Research, The Pulse, The Pulse: New Orleans by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 3615 Jefferson Hwy, New Orleans, LA 70121 Type: Retail Price: $2,500,000 ($51.55 / SF) Buyer: CANSECO PROPERTIES JEFFERSON LLC Elifin's Notes: Canseco Properties Jefferson, LLC acquires the Azalea Gardens Shopping Center on Jefferson Highway. 4200 Williams Blvd, Kenner, LA 70065 Type: Retail Price: $1,420,000 ($215.97 / SF) Buyer: R&D GULF INVESTMENTS LLC Elifin's Notes:...

19 May The Pulse NOLA: Showroom sells for 2.8mm in Kenner

Posted at 10:19h in Research, The Pulse, The Pulse: New Orleans by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 2425 Williams Blvd, Kenner, LA 70062 Type: Retail Price: $2,800,000 ($116.12 / SF) Buyer: MORGAN&MORGAN LLC Elifin's Notes: A large showroom property changes ownership at the corner of Williams Boulevard and 24th Street. 2975 Behrman Hwy, New Orleans, LA 70114 Type: Retail Price: $550,000 ($83.85 / SF) Buyer: IGLESIA PENTECOSTAL REFUGIO DE SALVACION Elifin's...