The Pulse: New Orleans

The Pulse NOLA: Former Winn-Dixie property in Algiers sells for 8.1mm

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 3008 Holiday Dr, New Orleans, LA 70131 Type: Retail Price: $8,100,000 ($127.29 / SF) Buyer: ROYALE WINN NOLA LLC Elifin's Notes: A Florida-based entity acquires the former Winn-Dixie property in Algiers. 613, 635, 641 Baronne St, New Orleans, LA 70113 Type: Office Price: $2,400,000 ($93.39 / SF) Buyer: 615 BARONNE ST LLC Elifin's Notes:...

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The Pulse NOLA: Two mixed-use properties sell in French Quarter

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 550 Modern Farms Rd, Westwego, LA 70094 Type: Industrial Price: $4,300,000 ($47.19 / SF) Buyer: METALS USA PLATES&SHAPES INC Elifin's Notes: Metals USA Plates & Shapes Inc purchases the industrial warehouse property adjacent to their current location in Westwego. 600 Elmwood Park Blvd, Harahan, LA 70123 Type: Industrial Price: $4,200,000 ($51.53 /...

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The Pulse NOLA: Former Uptown Delivery Pharmacy property sells

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 5057 Kenal Rd, Lafitte, LA 70067 Type: Retail Price: $2,560,000 ($551.49 / SF) Buyer: RAZZ HALILI TRUST Elifin's Notes: A Texas-based restaurateur purchases a fishing charter and lodging property in Lafitte. 501-505 Metairie Rd, Metairie, LA 70005 Type: Mixed-Use Price: $1,400,000 ($238.26 / SF) Buyer: 9300 JEFFERSON HIGHWAY LLC Elifin's Notes: A mixed-use property,...

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The Pulse NOLA: Mixed-use property sells along Magazine Street

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 10 Commerce Ct, New Orleans, LA 70123 Type: Industrial Price: $1,500,000 ($121.38 / SF) Buyer: AB&LD PROPERTIES LLC Elifin's Notes: AB&LD Properties acquires a property in Elmwood featuring 7520 SF of industrial warehouse space and 4838 SF of office space. 5414, 5418 Magazine St, New Orleans, LA 70115 Type: Mixed-Use Price: $1,350,000...

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The Pulse NOLA: Clover Grill property sells on Bourbon Street

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 15 Lake Forest Blvd, New Orleans, LA 70128 Type: Land Price: $1,585,000 ($8.07 / Land SF) Buyer: SOUTHWEST REGION CONFERENCE ASSOCIATION OF SEVENTH ADVENTISTS Elifin's Notes: A 4+ acre parcel of land sells near Audubon Louisiana Nature Center. 9300 Jefferson Hwy, River Ridge, LA 70123 Type: Office Price: $1,450,000 ($499.48 / SF) Buyer:...

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The Pulse NOLA: Public Defenders Office purchases building

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 4770 S I-10 Service Rd W, Metairie, LA 70001 Type: Office Price: $2,650,000 ($111.04 / SF) Buyer: CLEARVIEW GROUP PROPERTIES LLC Elifin's Notes: Clearview Group Properties purchases an multi-tenant office property, adjacent to the Lakeside Hospital. 1200 S Carrollton Ave, New Orleans, LA 70118 Type: Retail Price: $1,800,000 ($163.64 / SF) Buyer: WHITNEY...

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The Pulse NOLA: Self-Storage center sells along Earhart Boulevard

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 16 W 23rd St, Kenner, LA 70062 Type: Industrial Price: $1,250,000 ($155.82 / SF) Buyer: All Star Properties, LLC Elifin's Notes: All Star Properties purchases a NNN-leased industrial portfolio, with one property in Kenner & the other in Lafayette. 2719 Marietta St, Kenner, LA 70062 Type: Industrial Price: $700,000 ($140.00 / SF) Buyer:...

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The Pulse NOLA: OM Causeway Realty purchases gas station

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 4408 S I-10 Service Road W, Metairie, LA 70001 Type: Retail Price: $2,650,000 ($854.84 / SF) Buyer: 4408 CLEARVIEW INVESTMENTS LLC Elifin's Notes: Hamdan Sons Investments purchase a Brother's branded gas station near the Clearview Parkway. 900 N Rampart St, New Orleans, LA 70116 Type: Mixed Portfolio Price: $2,116,375 ($215.39 / SF) Buyer:...

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The Pulse NOLA: Gentilly Carnival Club purchases property on Euphrosine St

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 4200 Euphrosine St, New Orleans, LA 70125 Type: Industrial Price: $2,850,000 ($68.56 / SF) Buyer: GENTILLY CARNIVAL CLUB INC Elifin's Notes: Gentilly Carnival Club, Inc. has acquired a commercial storage property off of Earhart Boulevard. 1001 S Sibley St, Metairie, LA 70003 Type: Multifamily Price: $1,365,000 ($85,313 / Unit) Buyer: RAMI ENTERPRISE 2020...

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The Pulse NOLA: LSU Board of Supervisors purchases Anita’s Grill property

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 4330, 4338 St Charles Ave, New Orleans, LA 70115 Type: Retail Price: $8,500,000 ($822.37 / SF) Buyer: BP Louisiana Property LLC Elifin's Notes: The Fat Harry's & Superior Seafood properties sell for 8.5mm. 2114, 2118, 2122 Tulane Ave, New Orleans, LA 70112 Type: Retail Price: $1,105,000 ($718.47 / SF) Buyer: BOARD OF SUPERVISORS...

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