The Pulse: New Orleans

30 Mar The Pulse NOLA: Aldi-anchored center sold to Michigan company

Posted at 09:41h 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 845 Carondelet St, New Orleans, LA 70130 Type: Retail Price: $1,500,000 ($217.39 / SF) Buyer: BEARCAT ENTERPRISES LLC Elifin's Notes: The owner of Bearcat CBD, a popular local eatery, purchases its location on Carondelet Street. 2820 Canal St, New Orleans, LA 70119 Type: Office Price: $815,000 ($99.17 / SF) Buyer: SILVA INVESTMENT PROPERTIES...

23 Mar The Pulse NOLA: Daiquiri shop in Grand Isle sold

Posted at 08:49h 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 7700 Maple St, New Orleans, LA 70118 Type: Retail Price: $1,400,000 ($828.89 / SF) Buyer: PROCTOR , SARA RAE ZEGELBONE Elifin's Notes: A former Starbucks branch property sells at the corner of Maple and Adams Streets. 3001 Gen De Gaulle Dr, New Orleans, LA 70114 Type: Office Price: $917,500 ($115.99 / SF) Buyer:...

16 Mar The Pulse NOLA: Texas company acquires shopping center for 11.5mm

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 7801 Airline Dr, Metairie, LA 70003 Type: Retail Price: $11,550,000 ($110.01 / SF) Buyer: CASH AMERICA INC OF LOUISIANA Elifin's Notes: A Texas-based company acquires a shopping center property on Airline Drive. 5400 Jefferson Hwy, Harahan, LA 70123 Type: Industrial Price: $4,750,000 ($86.63 / SF) Buyer: LAPEYRE PROPERTIES LLC Elifin's Notes: A former furniture...

08 Mar The Pulse NOLA: St Vincent de Paul property sells

Posted at 21:23h 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 3500 Canal St, New Orleans, LA 70119 Type: Office Price: $2,900,000 ($140.10 / SF) Buyer: MARILLAC COMMUNITY HEALTH CENTERS Elifin's Notes: This two-story office property, occupied by St Vincent de Paul, has individual offices, 10 large rooms for conference/instruction, and 54 covered parking spaces. 2221-2237 N Johnson St, New Orleans,...

02 Mar The Pulse NOLA: Gordon McKernan-led entity purchases Jefferson Financial building

Posted at 08:20h 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 115 Focis St, Metairie, LA 70005 Type: Retail Price: $1,500,000 ($307.57 / SF) Buyer: 115-117 FOCIS STREET LLC Elifin's Notes: A multi-tenant retail property sells near Metairie Road. 301A Funston St, New Orleans, LA 70123 Type: Industrial Price: $805,252 ($104.04 / SF) Buyer: BB FIBERS LLC Elifin's Notes: A local company purchases an industrial...

23 Feb The Pulse NOLA: Former Light City Church property sold

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 6117 St Claude Ave, New Orleans, LA 70117 Type: Specialty Price: $750,000 ($17.31 / SF) Buyer: FORGIVEN THE EVANGELISTIC MINISTRY OF MELONIE PICHON Elifin's Notes: The former Light City Church religious facility sells on Saint Claude Avenue. 26146 Chef Menteur Hwy, New Orleans, LA 70129 Type: Retail Price: $250,000 ($211.86 / SF) Buyer:...

16 Feb The Pulse NOLA: Vacant land near airport sold

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 1431 Prytania St, New Orleans, LA 70130 Type: Multifamily Price: $700,000 ($77,778 / Unit) Buyer: GARDENS ON THE CORNER LLC Elifin's Notes: A 9-unit multifamily property changes hands on Prytania and Melpomene Street. 2239 Richland St, Kenner, LA 70062 Type: Land Price: $600,000 ($15.67 / Land SF) Buyer: C&C INVESTMENT HOLDING GROUP LLC Elifin's...

08 Feb The Pulse NOLA: Dmac’s Bar & Grill property sold

Posted at 15:55h 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 1229 St Thomas St, New Orleans, LA 70130 Type: Office Price: $1,600,000 ($245.14 / SF) Buyer: ROYAL JUG & GUN CLUB LLC Elifin's Notes: A newly renovated office property sells on Saint Thomas Street. 312 St Charles Ave, New Orleans, LA 70130 Type: Mixed-Use Price: $1,100,000 ($144.74 / SF) Buyer: 314 ST CHARLES...

02 Feb The Pulse NOLA: Le Pavilion luxury hotel sells

Posted at 09:13h 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 3701 Hwy 90, Avondale, LA 70094 Type: Self-Storage Price: $5,100,000 ($35,915 / Unit) Buyer: 3701 US 90 PROPERTY OWNER LLC Elifin's Notes: A self-storage property changes hands adjacent to Snow Hilton Park on Highway 90 in Avondale. 247 W Harrison Ave, New Orleans, LA 70124 Type: Retail Price: $1,450,000 ($327.31 / SF) Buyer:...

26 Jan The Pulse NOLA: Poydras Tower sold

Posted at 09:28h 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 1012 Harimaw Ct E, Metairie, LA 70001 Type: Industrial Price: $1,525,000 ($96.57 / SF) Buyer: THWG LLC Elifin's Notes: An industrial property changes hands within Metairie's Labarre Business Park. 6101 Chatham Dr, New Orleans, LA 70122 Type: Land Price: $977,500 ($8.50 / Land SF) Buyer: DEUX SAINT LLC Elifin's Notes: This 2.64 acre parcel...