The Pulse: New Orleans Archives

08 Aug The Pulse NOLA: 220-Unit Apartment Complex and Magazine Street Restaurant Sold

Posted at 09:48h 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 3221 Behrman Pl Type: Office Price: $1,200,000 ($80,000 / Unit) Buyer: LEGACY COMMERCIAL VENTURES LLC Elifin's Notes: Local investors purchase Algiers office complex with 15 units, totalling 19,560 sq ft 1436 Dante Street Type: Multifamily Price: $960,000 ($192,000 / Unit) Buyer: RJL HOLDINGS LLC Elifin's Notes: Alabama based group purchases 5-unit, three 2BR/1BA and...

01 Aug The Pulse NOLA: Emeril Lagasse Purchase and Chickie Wah Wah Music Venue Sold

Posted at 08:42h 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 4021 Cadillac St, 3428501 Buchanan St Type: Healthcare Price: $11,000,000 ($215 / SF) Buyer: ST BERNARD NURSING & REHAB PROPCO LLC Elifin's Notes: Baton Rouge group purchases 51,264 sq ft nursing home facility next to City Park 2739 Tchoupitoulas St Type: Retail Price: $2,225,000 ($365 / SF) Buyer: DALTON SCARLETT BROOKS,...

25 Jul The Pulse NOLA: Ochsner Health Center Location Sold to Florida Firm

Posted at 10:32h 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 1532 Allen Toussaint Blvd Type: Office Price: $35,250,000 ($606 / SF) Buyer: PARADISE CAY APARTMENTS LLC Elifin's Notes: A Florida based firm acquires the over 58,000 sq ft Oschner Health Center in the Filmore area 1315 Southlawn Blvd Type: Multifamily Price: $6,500,000 ($52,000 / Unit) Buyer: SLIDELL RENTALS I LLC Elifin's Notes: Sprawling 125-unit...

18 Jul The Pulse NOLA: Tulane Purchases Full City Block

Posted at 07:53h 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 1540 Canal St; 1565 Cleveland Ave Type: Mixed-Use Price: $13,150,000 ($1,730 / SF) Buyer: ADMINISTRATORS OF THE TULANE EDUCATIONAL FUND Elifin's Notes: At the center of development in the Storyville area along Canal Street, Tulane extends their footprint toward the river by purchasing a full block totalling 1.89 acres,...

11 Jul The Pulse NOLA: Sale Transactions Recorded Last Week and Permit Data

Posted at 10:45h 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 1629 Washington Ave Type: Multifamily Price: $2,400,000 ($96,000 / Unit) Buyer: 1629 Washington Elifin's Notes: Washington Avenue 25-unit complex, a block off of St. Charles Avenue, sells to local investor. 1427-1429; 1435-1437 N Derbigny St Type: Multifamily Price: $1,500,000 ($187,500 / Unit) Buyer: T&N INVESTMENTS LLC Elifin's Notes: Two four-plexes in the Trem é...