The Pulse: New Orleans

11 Dec The Pulse NOLA: Local investors purchase retail in the CBD

Posted at 08:45h 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 2502 Magnolia St, New Orleans, LA 70113 Type: Industrial Price: $800,000 ($40.93 / SF) Buyer: 2502 MAGNOLIA ST LLC Elifin's Notes: An industrial warehouse property changes hands in the Central City area 717 Common St, New Orleans, LA 70130 Type: Retail Price: $500,000 ($94.34 / SF) Buyer: 717 COMMON PROPERTIES LLC Elifin's Notes: Local...

04 Dec The Pulse NOLA: Lucky Inn Motel along Iberville St sells

Posted at 09:19h 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 2625 Iberville St, New Orleans, LA 70119 Type: Hospitality Price: $2,800,000 ($93,333 / Unit) Buyer: NEW ORLEANS WOMEN & CHILDRENS SHELTER INC Elifin's Notes: The New Orleans Women & Children's Shelter, Inc. purchases the newly renovated Lucky Inn Motel along Iberville Street 6541 I 10 Service Rd, New Orleans, LA...

27 Nov The Pulse NOLA: Maple Street Cafe property sells in East Carrollton

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 7623 Maple St, New Orleans, LA 70118 Type: Retail Price: $825,000 ($662.65 / SF) Buyer: 7623 MAPLE STREET LLC Elifin's Notes: A restaurant property, occupied by the Maple Street Cafe, sells in the East Carrollton area 2502 8th St, Harvey, LA 70058 Type: Retail Price: $122,000 ($31.28 / SF) Buyer: BOOK MARQUE LLC Elifin's...

20 Nov The Pulse NOLA: Music venue on Frenchman St sells to local investors

Posted at 09:15h 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 2636 Athania Pkwy, Metairie, LA 70002 Type: Office Price: $288,000 ($112.19 / SF) Buyer: CONCORD HOLDINGS LLC Elifin's Notes: A dentist office changes hands in the Athania area of Metairie 7007 Read Blvd, New Orleans, LA 70127 Type: Retail Price: $140,000 ($53.56 / SF) Buyer: BB & TT L L C Elifin's Notes: A...

13 Nov The Pulse NOLA: Whitney Parking Garage sells in the CBD

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 2325 N Hullen St Type: Office Price: $1,037,500 ($98.81 / SF) Buyer: POL BUILDING LLC Elifin's Notes: An Arkansas-based entity purchases a multi-tenant commercial property within the Athania Place Annex area of Metairie 1411 Claire Ave Type: Land Price: $775,000 ($10.40 / Land SF) Buyer: AM PLAZA LLC Elifin's Notes: Local entity purchases 1.7+...

06 Nov The Pulse NOLA: Former Southeastern Freight Lines distribution property sells

Posted at 09:05h 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 1525 Sams Ave Type: Industrial Price: $4,500,000 ($264.71 / SF) Buyer: 1525 SAMS AVE HOLDINGS LLC Elifin's Notes: The owners of Ludwig Buildings purchase the industrial distribution property in Elmwood, formerly occupied by Southeastern Freight Lines as it moves to their new facility in Destrehan 7500 Chef Menteur Hwy Type: Multifamily Price:...

30 Oct The Pulse NOLA: The Madison Garden Apartments sell in Metairie

Posted at 09:46h 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 221 N Laurel St Type: Multifamily Price: $5,750,000 ($97,458 / Unit) Buyer: MADISON GARDENS ESTATES LLC Elifin's Notes: A New York-based investor purchases the 59-unit Madison Garden Apartments in Metairie 1101 Veterans Memorial Blvd Type: Retail Price: $1,200,000 ($600.00 / SF) Buyer: KMHSHELL LLC Elifin's Notes: Lulling-based investors purchase a Shell gas station in...

23 Oct The Pulse NOLA: Pair of industrial properties sell for 1mm

Posted at 08:58h 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 2432 Dawson St Type: Industrial Price: $1,075,000 ($113.06 / SF) Buyer: WAREHOUSE DISTRICT LLC Elifin's Notes: A pair of industrial properties sell within the Bainbridge Office & Industrial Park 4836 W Esplanade Ave Type: Specialty Price: $486,000 ($93.46 / SF) Buyer: IGLESIA CRISTIANA FILADELFIA Elifin's Notes: Iglesia Cristiana Filadelfia purchases the religious facility located...

16 Oct The Pulse NOLA: Burlington Coat Factory property sells for 13mm in Metairie

Posted at 08:46h 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 2840 Veterans Memorial Blvd Type: Retail Price: $13,078,000 ($328.59 / SF) Buyer: AGREE CENTRAL LLC Elifin's Notes: A Michigan-based entity purchases the former Burlington Coat Factory property in Metairie 251 Barry Ave Type: Multifamily Price: $2,550,000 ($79,688 / Unit) Buyer: BARCELLONA REALTY LLC Elifin's Notes: The Riverside Commons, a 32-unit multifamily apartment complex in...

09 Oct The Pulse NOLA: Industrial property sells for 6.6mm on Almonaster Ave

Posted at 08:59h 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 10090 Almonaster Ave Type: Industrial Price: $6,570,939 ($795.51 / SF) Buyer: 10090 ALMONASTER PARTNERS LLC Elifin's Notes: The Alterra Property Group, out of Philadelphia, purchases an industrial property in the Viavant/Venetian Isles area 622 Julia St Type: Mixed-Use Price: $1,200,000 ($185.96 / SF) Buyer: ALPHADIA624 LLC Elifin's Notes: A mixed-use property sells in the...