The Pulse: New Orleans

31 Aug The Pulse NOLA: Trinity Community Center changes hands

Posted at 21:34h 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 5131 Lapalco Blvd, Marrero, LA 70072 Type: Retail Price: $950,000 ($131.94 / SF) Buyer: IGLESIA EVANGELICA VISION DEREINO INC Elifin's Notes: Iglesia Evangelica Vison Dereino Inc acquires a restaurant property on Lapalco Boulevard in Marrero. 2001 Iberville St, New Orleans, LA 70112 Type: Specialty Price: $950,000 ($178.94 / SF) Buyer: HARVEST CHURCH OF...

25 Aug The Pulse NOLA: Property near French Market District sells

Posted at 08:19h 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 1200 Decatur St, New Orleans, LA 70116 Type: Mixed-Use Price: $1,625,000 ($196.54 / SF) Buyer: 1200 DECATUR BAR LLC Elifin's Notes: A three-story mixed use property with retail on the first two floors and two apartments on third floor sells at the corner of Decatur and Governor Nicholls Streets...

18 Aug The Pulse NOLA: Westminster Tower senior living propery sells

Posted at 07:42h 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 2301 Idaho Ave, Kenner, LA 70062 Type: Multifamily Price: $21,151,571 ($74,741 / Unit) Buyer: WESTMINSTER TOWER LP Elifin's Notes: A Tennessee-based company purchases Westminster Tower, a 285-unit senior living apartment property on Idaho Avenue. 1570 Westbank Expy, Harvey, LA 70058 Type: Retail Price: $1,336,250 ($641.81 / SF) Buyer: NABUT BROTHERS LLC Elifin's Notes: Nabut...

11 Aug The Pulse NOLA: Jefferson Parish Council buys retail property

Posted at 08:51h 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 3411 S Carrollton Ave, New Orleans, LA 70118 Type: Retail Price: $5,000,000 ($650.28 / SF) Buyer: RBC CAPITAL ENCORE LLC Elifin's Notes: RBC Capital Encore LLC acquires a convenience store/gas station property with multiple tenants at the corner of South Carrollton Avenue and Olive Street. 900 Bridge City Ave, Bridge...

04 Aug The Pulse NOLA: Mixed-use property sells in French Quarter

Posted at 09:36h 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 1212 Royal St, New Orleans, LA 70116 Type: Mixed-Use Price: $2,050,000 ($278.15 / SF) Buyer: 1212 ROYAL LLC Elifin's Notes: This mixed-use property has 2 street-level restaurant spaces and 8 residential units on the second floor. 2237, 2249 Arlington Ave, Harvey, LA 70058 Type: Industrial Price: $880,000 ($137.50 / SF) Buyer: HERO LANDS...

28 Jul The Pulse NOLA: Construction materials company purchases 3 properties

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 112 23rd St - 2308 Piedmont St, Kenner, LA 70062 Type: Industrial Price: $2,261,000 ($92.22 / SF) Buyer: SIV GRACE PROPERTIES LLC Elifin's Notes: SIV Grace Properties LLC acquires three industrial buildings and 0.36+ acre parcel of vacant land just north of the Airport in Kenner. 2249 Piedmont St, Kenner,...

21 Jul The Pulse NOLA: The Garage complex sells for 28.8mm

Posted at 09:31h 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 840, 848 Carondelet St, New Orleans, LA 70130 Type: Multifamily Price: $28,800,000 ($464,516 / Unit) Buyer: BDS III LA THE GARAGE LLC Elifin's Notes: The Garage, a 62-unit luxury multifamily complex with street-level retail space at 840 Carondelet Street, sells. 1515 Poydras St, New Orleans, LA 70112 Type: Office Price: $26,473,700 ($50.00...

14 Jul The Pulse NOLA: Melba’s Restaurant property sells

Posted at 10:19h 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 5600 Hayne Blvd, 7649 Townsend Pl, New Orleans, LA 70126 Type: Industrial Price: $2,115,977 ($28.54 / SF) Buyer: RATHBORNE PROPERTIES, LLC Elifin's Notes: A pair of industrial properties located at 5600 Hayne Boulevard and 7649 Townsend Place sell in the Intercoastal industrial area. 2016 Oretha Castle Haley Blvd, New Orleans,...

07 Jul The Pulse NOLA: Jefferson Business Center sells for 11.4mm

Posted at 09:16h 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 520, 524 Elmwood Park Blvd, Elmwood, LA 70123 Type: Office Price: $11,443,300 ($109.86 / SF) Buyer: JEFFERSON BUSINESS CENTER INVESTMENT LLC Elifin's Notes: The Jefferson Business Center changes ownership in Elmwood. 212 E Airline Hwy, Kenner, LA 70062 Type: Land Price: $4,550,000 ($14.93 / Land SF) Buyer: 5950 SB GEORGIA HOLDINGS LLC Elifin's Notes:...

30 Jun The Pulse NOLA: 718-Unit multifamily property sells

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 888 Terry Pkwy, Terrytown, LA 70056 Type: Retail Price: $2,660,000 ($243.01 / SF) Buyer: DALAHN 2 LLC Elifin's Notes: A local investor purchases the CVS Property on the Terry Parkway in Terrytown. 3127, 3129 Short St, New Orleans, LA 70125 Type: Retail Price: $1,700,000 ($256.80 / SF) Buyer: ALLISON & GLENN INC Elifin's Notes:...