The Pulse: New Orleans

01 Jul The Pulse NOLA: Former Walgreens property sold for over 3 million

Posted at 09:49h 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 1544 Manhattan Blvd, Harvey, LA 70058 Type: Retail Price: $3,398,000 ($234.51 / SF) Buyer: 1544 MANHATTAN HOLDINGS LLC Elifin's Notes: Former Walgreens drug store retail property sells along Manhattan Boulevard. 6218 Arts St, New Orleans, LA 70122 Type: Multifamily Price: $2,900,000 ($103,571 / Unit) Buyer: NOLAN AT GENTILLY LLC Elifin's Notes: A multifamily property...

24 Jun The Pulse NOLA: Metairie office building sells for 2.15mm

Posted at 09:59h 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 3045 Ridgelake Dr, Metairie, LA 70002 Type: Office Price: $2,150,000 ($170.82 / SF) Buyer: 3045 RIDGELAKE LLC Elifin's Notes: A three-story office building sells at the intersection of 20th Street and Ridgelake Drive. 5050-5058 Lapalco Blvd, Marrero, LA 70072 Type: Retail Price: $899,000 ($64.21 / SF) Buyer: COVERED PROPERTIES LLC Elifin's Notes: A neighborhood...

17 Jun The Pulse NOLA: Former Park Place nursing home sells in Gretna

Posted at 09:42h 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 535 Commerce St, Gretna, LA 70056 Type: Healthcare Price: $1,875,000 ($41.25 / SF) Buyer: AMS REAL ESTATE LLC Elifin's Notes: The former Park Place nursing home in Gretna sells 3106 Houma Blvd, Metairie, LA 70006 Type: Office Price: $905,000 ($211.10 / SF) Buyer: ROBE PROPERTY HOLDINGS LLC Elifin's Notes: A medical office trades along...

10 Jun The Pulse NOLA: City of NOLA purchases industrial property for 7mm

Posted at 09:02h 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 10500 Hayne Blvd, New Orleans, LA 70127 Type: Multifamily Price: $9,325,000 ($70,644 / Unit) Buyer: Haltere Fund VI, LLC Elifin's Notes: The Haltere Group, a California-based investment firm, purchases the Arbors on the Lake apartment complex 3035 Earhart Blvd, New Orleans, LA 70125 Type: Industrial Price: $7,000,000 ($143.78 / SF) Buyer: CITY OF...

03 Jun The Pulse NOLA: Gilmore Park Apartments sell for 4.1mm

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 1315 Southlawn Blvd, New Orleans, LA 70114 Type: Multifamily Price: $4,100,000 ($53,947 / Unit) Buyer: PG REALTY PRO LLC Elifin's Notes: Local entrepreneur purchases the Gilmore Park Apartments near Delgado Community College on the West Bank 5212 South Claiborne Ave, New Orleans, LA 70115 Type: Specialty Price: $1,920,000 ($136.32 / SF) Buyer: CHURCH...

27 May The Pulse NOLA: Petite Esplanade shopping center in Metairie sold

Posted at 09:25h 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 3216, 3304 W Esplanade Ave, Metairie, LA 70002 Type: Retail Price: $2,800,000 ($170.94 / SF) Buyer: 3216 3304 WEST ESPLANADE LLC Elifin's Notes: The Petite Esplanade Shopping Center changes hands in Metairie 2717 Massachusetts Avenue, Metairie, LA 70003 Type: Land Price: $775,000 ($31.77 / Land SF) Buyer: GMB PROPERTIES 8900 VETERANS LLC Elifin's Notes:...

20 May The Pulse NOLA: Building housing Daisy Dukes Cafe sells

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 308 Saint Charles Avenue, New Orleans, LA 70130 Type: Mixed-Use Price: $1,925,000 ($234.76 / SF) Buyer: BIG EASY INVESTMENTS LLC OF NEW MEXICO Elifin's Notes: Big Easy Investments LLC of New Mexico purchase a mixed-use property with a street-level restaurant space, currently occupied by Daisy Dukes Cafe, and three...

13 May The Pulse NOLA: Daycare purchases 3 adjacent buildings along Tulane

Posted at 09:39h 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 2907, 2909 Tulane Avenue, New Orleans, LA 70119 Type: Retail Price: $874,000 ($295.47 / SF) Buyer: KIDS KINGDOM ACADEMY & DAYCARE LLC Elifin's Notes: In one of their two purchases last week, Kid's Kingdom Academy & Daycare purchases their location along Tulane Avenue 1000 Bourbon Street, New Orleans, LA 70116 Type:...

06 May The Pulse NOLA: Local company purchases Elmwood properties for 1.5mm

Posted at 09:22h 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 1521 Kuebel Street, Elmwood, LA 70123 Type: Industrial Price: $1,549,153 ($94.46 / SF) Buyer: GALVANIZED RE LLC Elifin's Notes: Local company purchases two industrial buildings within the Elmwood Business Park 6135 Bellaire Drive, New Orleans, LA 70124 Type: Multifamily Price: $1,325,000 ($132,500 / Unit) Buyer: Liang Meng; Liang Yin Elifin's Notes: A pair of...

29 Apr The Pulse NOLA: French Quarter property sold for 1.17 million

Posted at 09:38h 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 1224 Decatur Street, New Orleans, LA 70116 Type: Mixed-Use Price: $1,175,000 ($229.99 / SF) Buyer: HANQI INVESTMENTS LLC Elifin's Notes: Gretna-based investors purchase a mixed-use property on Decatur in the French Quarter 5501 Crowder Boulevard, New Orleans, LA 70127 Type: Retail Price: $975,000 ($69.10 / SF) Buyer: MJM CROWDER INVESTMENTS LLC Elifin's Notes: Former...