The Pulse: New Orleans

20 Jul The Pulse NOLA: Gayle Benson-backed entity purchases property

Posted at 09:12h 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 4123 Downman Rd; 5920 Alost St, New Orleans, LA 70126 Type: Mixed-Use Price: $1,250,000 ($81.97 / SF) Buyer: ALOST AND DOWNMAN LLC Elifin's Notes: A mixed-use property featuring office space and apartments changes ownership on Downman Road. 114, 116 Baronne St, New Orleans, LA 70112 Type: Retail Price: $800,000 ($151.06 / SF) Buyer:...

13 Jul The Pulse NOLA: Tennessee-based company purchases Walgreens property

Posted at 10:17h 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 11297 Lake Forest Blvd, New Orleans, LA 70128 Type: Retail Price: $2,060,000 ($137.24 / SF) Buyer: CD NEW ORLEANS, LLC Elifin's Notes: A Tennessee-based company purchases a Walgreens branch property on Lake Forest Boulevard. 3125 N Causeway Blvd, Metairie, LA 70002 Type: Retail Price: $1,490,000 ($326.75 / SF) Buyer: 3125 N CAUSEWAY LLC Elifin's...

06 Jul The Pulse NOLA: Historic Bohn Motor Co. building changes ownership

Posted at 08:56h 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 4425-4445 Veterans Blvd, Metairie, LA 70006 Type: Retail Price: $2,630,000 ($171.90 / SF) Buyer: RICHARDS CLEARVIEW CITY CENTER LLC Elifin's Notes: A strip center property changes hands across from Clearview City Center Mall on Veterans Memorial Boulevard. 3555 Loyola Dr, Kenner, LA 70065 Type: Office Price: $1,600,000 ($159.20 / SF) Buyer: JEFFERSON PARISH...

29 Jun The Pulse NOLA: Julia Street property sold for 1.3mm

Posted at 11:00h 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 614, 616 Julia St, New Orleans, LA 70130 Type: Mixed-Use Price: $1,349,400 ($295.79 / SF) Buyer: LEMOINE , THEAR JULES Elifin's Notes: A mixed-use property, featuring an art gallery on the first floor and apartments above, changes ownership on Julia Street. 3316 Florida Ave, Metairie, LA 70065 Type: Office Price: $665,000...

22 Jun The Pulse NOLA: Maison Dupuy Hotel sells

Posted at 07:50h 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 5244 Gen Meyer Ave, New Orleans, LA 70131 Type: Retail Price: $1,100,000 ($80.73 / SF) Buyer: MMKW L L C Elifin's Notes: The former Aurora Recreational Club property changes ownership on General Meyer Avenue. 2003, 2005 Carondelet St; 2000 Brainard St, New Orleans, LA 70130 Type: Mixed-Use Price: $900,000 ($95.56 / SF) Buyer:...

15 Jun The Pulse NOLA: Restaurant property near Yacht Club sold

Posted at 08:51h 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 7400 Lakeshore Dr, New Orleans, LA 70124 Type: Retail Price: $2,400,000 ($571.43 / SF) Buyer: FELIXS LAKEFRONT L L C Elifin's Notes: A restaurant property sells on Lakeshore Drive. 4624 S Claiborne Ave, New Orleans, LA 70125 Type: Office Price: $1,790,000 ($211.58 / SF) Buyer: WICHITA INVESTMENT LLC Elifin's Notes: An Arkansas-based company purchases...

08 Jun The Pulse NOLA: Distribution facility sold for 23.5mm

Posted at 08:52h 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 809 Jefferson Hwy, New Orleans, LA 70121 Type: Industrial Price: $23,500,000 ($73.83 / SF) Buyer: LONE OAK JEFFERSON LLC Elifin's Notes: Reyes Holdings, an Illinois-based food and beverage producer and distributor, purchases a distribution property on Jefferson Highway. 4933, 4935 Magazine St, New Orleans, LA 70115 Type: Retail Price: $3,450,000 ($308.56 /...

01 Jun The Pulse NOLA: The Exchange Pickleball property sold to Illinois company

Posted at 10:55h 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 460 Josephine St; 2120 Rousseau St, New Orleans, LA 70130 Type: Retail Price: $5,200,000 ($281.10 / SF) Buyer: CSH 2120 ROUSSEAU LLC Elifin's Notes: An Illinois-based company acquires a former warehouse turned pickle ball amusement space. 4841 Zenith St, Metairie, LA 70001 Type: Multifamily Price: $1,200,000 ($100,000 / Unit) Buyer: 4841 ZENITH STREET...

24 May The Pulse NOLA: Ramada Inn in Metairie trades for 8mm

Posted at 17:42h 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 3400 S I 10 Service Rd W, Metairie, LA 70001 Type: Hospitality Price: $8,000,000 ($41,451 / Unit) Buyer: NOLA HOTEL PROPERTIES LLC Elifin's Notes: A 193-unit hotel property changes ownership on South I-10 Service Road West. 609, 611 Royal St, New Orleans, LA 70130 Type: Mixed-Use Price: $2,975,000 ($448.72 / SF) Buyer: C...

18 May The Pulse NOLA: Nonprofit purchases 500,000 sqft building downtown

Posted at 08:48h 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 1401 Whitney Ave, Gretna, LA 70053 Type: Multifamily Price: $1,515,000 ($89,118 / Unit) Buyer: 1414 ROMAIN ST LLC Elifin's Notes: A 17-unit apartment complex trades in Gretna. 1190 Terry Pkwy, Terrytown, LA 70056 Type: Retail Price: $855,000 ($258.31 / SF) Buyer: HALO 22 LLC Elifin's Notes: A Wendy's occupied QSR property changes hands on...