The Pulse: New Orleans

25 Mar The Pulse NOLA: Gayle Benson purchases land, 65mm apartment sale

Posted at 09:06h 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 1499 Central Park Blvd, Harvey, LA 70058 Type: Multifamily Price: $65,000,000 ($180,556 / Unit) Buyer: FC HARVEY LLC Elifin's Notes: The Waters at Manhattan, a 360-unit multifamily property in Harvey, sells 6364 Woodland Hwy, New Orleans, LA 70131 Type: Multifamily Price: $6,500,000 ($43,046 / Unit) Buyer: 9900 TIMBER RIDGE LLC Elifin's Notes: The Timber...

18 Mar The Pulse NOLA: Excelth purchases their location in Algiers

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 4422 General Meyer Ave, New Orleans, LA 70131 Type: Healthcare Price: $1,325,000 ($39.18 / SF) Buyer: EXCELTH INC Elifin's Notes: Excelth, a primary health care company, purchases their location in Algiers adjacent to Edna Karr High School 809 Behrman Highway, Terrytown, LA 70056 Type: Retail Price: $1,150,000 ($115.00 / SF) Buyer: 809 BEHRMAN...

11 Mar The Pulse NOLA: Caluda’s Cottage Catering purchases their Elmwood location

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 1332 Esplanade Ave, New Orleans, LA 70116 Type: Multifamily Price: $1,125,000 ($187,500 / Unit) Buyer: 1332 ESPLANADE AVE LLC Elifin's Notes: A 6-unit multifamily property changes hands in Tremé 1536 River Oaks Rd W, New Orleans, LA 70123 Type: Industrial Price: $965,000 ($112.21 / SF) Buyer: COFFEE COTTAGE INC Elifin's Notes: Caluda's Cottage Catering...

04 Mar The Pulse NOLA: St. Claude convenience store sells for 1.8mm

Posted at 09:23h 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 3200 Saint Claude Ave, New Orleans, LA 70117 Type: Retail Price: $1,800,000 ($473.68 / SF) Buyer: ADAM AND MOE LLC Elifin's Notes: Gretna-based investor purchases a convenience store property with a parking lot sitting along Saint Claude Avenue next to the other property he bought this past week 2218 Poydras...

26 Feb The Pulse NOLA: Charter school property sells for 27.5mm

Posted at 08:57h 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 979 Behrman Highway, Terrytown, LA 70056 Type: Specialty Price: $27,500,755 ($305.56 / SF) Buyer: ATHLOS ACADEMY OF JEFFERSON Elifin's Notes: Athlos Academy of Jefferson purchases their charter school property in Terrytown 1212 27th Street, Kenner, LA 70062 Type: Industrial Price: $400,000 ($57.47 / SF) Buyer: PRADAT INVESTMENTS LLC Elifin's Notes: An industrial flex property...

19 Feb The Pulse NOLA: Truck terminal sells for 4.9mm

Posted at 09:07h 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 12169 Old Gentilly Rd, New Orleans, LA 70129 Type: Industrial Price: $4,915,000 ($251.28 / SF) Buyer: CROWN ENTERPRISES LLC Elifin's Notes: Through Yellow Trucking's bankruptcy bidding process, this truck terminal was one of eight properties purchased by Crown Enterprises LLC, a Michigan-based commercial real estate development entity 2401 Connecticut Ave,...

12 Feb The Pulse NOLA: California entity purchases mobile home park

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 7500 Chef Menteur Hwy, New Orleans, LA 70126 Type: Multifamily Price: $1,950,000 ($62,903 / Unit) Buyer: JMRV SUPERIOR INVESTMENTS LLC Elifin's Notes: A California-based investor purchases a mobile home park along Chef Menteur Highway in the Viavant/Venetian Isles area 3020 20th St, Metairie, LA 70002 Type: Office Price: $875,000 ($122.21 / SF) Buyer:...

05 Feb The Pulse NOLA: French Quarter mixed-use property sells for 2.7mm

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 201 Decatur St, New Orleans, LA 70130 Type: Retail Price: $2,700,000 ($330.60 / SF) Buyer: BUTTERFIELDS BUTTER LLC Elifin's Notes: A mixed-use property sells at the corner of Decatur Street and Iberville Street in the French Quarter 9601 Jefferson Hwy, New Orleans, LA 70121 Type: Retail Price: $2,084,000 ($577.61 / SF) Buyer: MCDONALDS...

29 Jan The Pulse NOLA: American National Red Cross purchases office for 1.45mm

Posted at 09:10h 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 4140 Williams Blvd, Kenner, LA 70065 Type: Office Price: $1,450,000 ($148.26 / SF) Buyer: AMERICAN NATIONAL RED CROSS Elifin's Notes: The American National Red Cross acquires an office building on Williams Boulevard near the Pontchartrain Convention Center 3121 21st St, Metairie, LA 70002 Type: Office Price: $900,000 ($112.50 / SF) Buyer: Morris Brett...

22 Jan The Pulse NOLA: Nursing home in Harvey sells for 5.3mm

Posted at 09:43h 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 2233 8th St, Harvey, LA 70058 Type: Healthcare Price: $5,320,858 Buyer: 2233 EIGHTH LLC Elifin's Notes: The Maison De'ville Nursing Home in Harvey sells to an Indiana-based entity 2941 Royal St, New Orleans, LA 70117 Type: Retail Price: $3,000,000 ($85.76 / SF) Buyer: Eternal Seeds, Inc Elifin's Notes: An entity led by a New...