The Pulse: 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...

19 Jan The Pulse NOLA: French Quarter building sells for 4mm

Posted at 06:56h 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 3908 Veterans Memorial Blvd, Metairie, LA 70002 Type: Retail Price: $13,675,000 ($284.90 / SF) Buyer: GRANDBRIDGE HOLDINGS LLC Elifin's Notes: A two-story retail property changes ownership on Veterans Memorial Boulevard. 716 Iberville St, New Orleans, LA 70130 Type: Mixed-Use Price: $4,000,000 ($38.58 / SF) Buyer: EXUMA L L C Elifin's Notes: A French Quarter...

12 Jan The Pulse NOLA: Fleurty Girl acquires new flagship location

Posted at 08:34h in Research, The Pulse, The Pulse: New Orleans by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of New Orleans. This week’s Pulse NOLA commercial real estate snapshot reveals a dynamic Greater New Orleans market with multiple high-value transactions and major permit activity reflecting ongoing investment and development momentum. Among the recorded sales, marquee deals include a $5.3m retail sale on Jefferson Highway, a Aspen Dental-anchored retail portfolio on...

05 Jan The Pulse NOLA: Historic school property sold in the CBD

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. This week’s highlights show notable market activity in Greater New Orleans, including the sale of a historic school property at 727 Carondelet Street in the CBD for $2.1m underscoring continued interest in adaptive-use and specialty assets in core urban districts. Other recorded deals ranged from a $1.48m retail sale...

29 Dec The Pulse NOLA: Jefferson Parish School Board purchases 28 acres

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 345 St Joseph St, New Orleans, LA 70130 Type: Hospitality Price: $29,000,000 ($125,541 / Unit) Buyer: NOLA 345 LLC Elifin's Notes: A California-based company acquires an extended-stay hotel property near the Ernest N. Morial Convention Center. 10151 Curran Blvd, New Orleans, LA 70127 Type: Multifamily Price: $9,750,000 ($45,139 / Unit) Buyer: 10151 CURRAN...