The Pulse: New Orleans

14 Oct The Pulse NOLA: Metairie Towers Condominiums sells for 24.5mm

Posted at 09:48h 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 401 Metairie Rd, Metairie, LA 70005 Type: Multifamily Price: $24,500,000 ($111,872 / Unit) Buyer: DKA ONE LLC Elifin's Notes: The Metairie Towers Condominiums Complex sells in Old Metairie. 225 Hord St, New Orleans, LA 70123 Type: Industrial Price: $1,100,000 ($62.86 / SF) Buyer: ELLIOTT PARTNERS LTD Elifin's Notes: The owners of Elliot Electric Supply,...

07 Oct The Pulse NOLA: Monday restaurant property sells in Mid-City

Posted at 09:29h 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 821 Washington Ave, New Orleans, LA 70130 Type: Multifamily Price: $6,225,000 ($194,531 / Unit) Buyer: Housing Authority of New Orleans Elifin's Notes: Housing Authority of New Orleans purchases a 32-unit multifamily complex. 318 N Alexander St, 4327 Bienville St, New Orleans, LA 70119 Type: Retail Price: $3,700,000 ($389.27 / SF) Buyer: MONDAYS BIENVILLE...

30 Sep The Pulse NOLA: Estella’s Home retail property sells for 1.45mm

Posted at 09:55h 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 601 N Frisco Ave, Metairie, LA 70005 Type: Retail Price: $1,450,000 ($290.00 / SF) Buyer: FRISCO ESTELLE LLC Elifin's Notes: Frisco Estelle LLC acquires the Estella's Home property at the intersection of Frisco Avenue and Metairie Road. 122, 126 Harrison Ave, New Orleans, LA 70124 Type: Office Price: $969,000 ($519.85 / SF) Buyer:...

23 Sep The Pulse NOLA: Crowder Retail Center sells for over 3 million

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 5790 Crowder Blvd, New Orleans, LA 70127 Type: Retail Price: $3,200,000 ($100.77 / SF) Buyer: 5790 CROWDER LLC Elifin's Notes: A Houston-based entity purchases the Crowder Retail Center in the West Lake Forest area. 2842, 2844 Magazine St, New Orleans, LA 70130 Type: Mixed-Use Price: $1,700,000 ($358.50 / SF) Buyer: Logan, Thomas B;...

16 Sep The Pulse NOLA: Bourbon Street building sells for undisclosed price

Posted at 09:33h 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 429-433 Bourbon St, New Orleans, LA 70130 Type: Retail Price: Withheld Buyer: CREDC BOURBON STREET LLC Elifin's Notes: A commercial property changes hands in the French Quarter along Bourbon Street. 115 Allen Toussaint Blvd, New Orleans, LA 70124 Type: Retail Price: Withheld Buyer: RCR 115-125 AT VENTURE LLC Elifin's Notes: A multi-tenant retail property...

09 Sep The Pulse NOLA: Bank of Louisiana building sells in the CBD

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 2012 River Rd, Westwego, LA 70094 Type: Industrial Price: $3,950,000 ($493.75 / SF) Buyer: TT 104 LLC Elifin's Notes: James Marine, Inc., a barge services company operating in Louisiana and Kentucky, purchases an industrial barge servicing facility at Nine Mile Point. 3700 W Esplanade Ave, Metairie, LA 70002 Type: Multifamily Price: $2,600,000...

02 Sep The Pulse NOLA: Former OnPath Federal Credit Union properties sell

Posted at 09:26h 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 5508 Citrus Blvd, New Orleans, LA 70123 Type: Office Price: $5,870,000 ($233.44 / SF) Buyer: FNLR OFCU LLC Elifin's Notes: Fortress Investment Group purchases this former OnPath Federal Credit Union location. 1554 Westbank Expy, Westwego, LA 70094 Type: Office Price: $3,020,000 ($431.43 / SF) Buyer: FNLR OFCU LLC Elifin's Notes: Fortress Investment Group purchases...

26 Aug The Pulse NOLA: Hollywood Park Apartments sell for 4.25mm

Posted at 09:17h 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 4000 Westbank Expy, Marrero, LA 70072 Type: Multifamily Price: $4,250,000 ($60,714 / Unit) Buyer: 4000 HOLLYWOOD APARTMENTS LLC Elifin's Notes: Hamdan Sons Investments, via a separate entity, purchases the Hollywood Park Apartments, 70-units, in Marrero. 3826 Magazine St, New Orleans, LA 70115 Type: Retail Price: $1,150,000 ($420.17 / SF) Buyer: DECADE LLC Elifin's Notes:...

19 Aug The Pulse NOLA: Two former Jefferson Parish school sites sell

Posted at 09:26h 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 10542 Jefferson Hwy, New Orleans, LA 70123 Type: Multifamily Price: $1,640,000 ($82,000 / Unit) Buyer: River Ridge Maisonettes, LLC Elifin's Notes: A 20-unit multifamily property sells in River Ridge. 172 Harbor Circle, New Orleans, LA 70126 Type: Industrial Price: $675,000 ($42.19 / SF) Buyer: FAYT INC Elifin's Notes: An industrial property changes hands near...

12 Aug The Pulse NOLA: International School of Louisiana purchases campus in St Roch

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 2518 Arts St, New Orleans, LA 70117 Type: Specialty Price: $5,750,000 ($121.44 / SF) Buyer: INTERNATIONAL SCHOOL OF LOUISIANA Elifin's Notes: Arising out of the bankruptcy proceedings for the Encore Learning Academy, the International School of Louisiana has purchased this school property in St. Roch. Tracts 6-A-4-C, 6-A-4-D, 6-A-4-E Promenade...