The Pulse: New Orleans

22 Jun The Pulse NOLA: Maison Dupuy Hotel sells

Posted at 07:50h 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 5244 Gen Meyer Ave, New Orleans, LA 70131 Type: Retail Price: $1,100,000 ($80.73 / SF) Buyer: MMKW L L C Elifin's Notes: The former Aurora Recreational Club property changes ownership on General Meyer Avenue. 2003, 2005 Carondelet St; 2000 Brainard St, New Orleans, LA 70130 Type: Mixed-Use Price: $900,000 ($95.56 / SF) Buyer:...

15 Jun The Pulse NOLA: Restaurant property near Yacht Club sold

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 7400 Lakeshore Dr, New Orleans, LA 70124 Type: Retail Price: $2,400,000 ($571.43 / SF) Buyer: FELIXS LAKEFRONT L L C Elifin's Notes: A restaurant property sells on Lakeshore Drive. 4624 S Claiborne Ave, New Orleans, LA 70125 Type: Office Price: $1,790,000 ($211.58 / SF) Buyer: WICHITA INVESTMENT LLC Elifin's Notes: An Arkansas-based company purchases...

08 Jun The Pulse NOLA: Distribution facility sold for 23.5mm

Posted at 08:52h 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 809 Jefferson Hwy, New Orleans, LA 70121 Type: Industrial Price: $23,500,000 ($73.83 / SF) Buyer: LONE OAK JEFFERSON LLC Elifin's Notes: Reyes Holdings, an Illinois-based food and beverage producer and distributor, purchases a distribution property on Jefferson Highway. 4933, 4935 Magazine St, New Orleans, LA 70115 Type: Retail Price: $3,450,000 ($308.56 /...

01 Jun The Pulse NOLA: The Exchange Pickleball property sold to Illinois company

Posted at 10:55h 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 460 Josephine St; 2120 Rousseau St, New Orleans, LA 70130 Type: Retail Price: $5,200,000 ($281.10 / SF) Buyer: CSH 2120 ROUSSEAU LLC Elifin's Notes: An Illinois-based company acquires a former warehouse turned pickle ball amusement space. 4841 Zenith St, Metairie, LA 70001 Type: Multifamily Price: $1,200,000 ($100,000 / Unit) Buyer: 4841 ZENITH STREET...

24 May The Pulse NOLA: Ramada Inn in Metairie trades for 8mm

Posted at 17:42h 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 3400 S I 10 Service Rd W, Metairie, LA 70001 Type: Hospitality Price: $8,000,000 ($41,451 / Unit) Buyer: NOLA HOTEL PROPERTIES LLC Elifin's Notes: A 193-unit hotel property changes ownership on South I-10 Service Road West. 609, 611 Royal St, New Orleans, LA 70130 Type: Mixed-Use Price: $2,975,000 ($448.72 / SF) Buyer: C...

18 May The Pulse NOLA: Nonprofit purchases 500,000 sqft building downtown

Posted at 08:48h 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 1401 Whitney Ave, Gretna, LA 70053 Type: Multifamily Price: $1,515,000 ($89,118 / Unit) Buyer: 1414 ROMAIN ST LLC Elifin's Notes: A 17-unit apartment complex trades in Gretna. 1190 Terry Pkwy, Terrytown, LA 70056 Type: Retail Price: $855,000 ($258.31 / SF) Buyer: HALO 22 LLC Elifin's Notes: A Wendy's occupied QSR property changes hands on...

11 May The Pulse NOLA: 7Brew Coffee purchases tract of land

Posted at 07:51h 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 3812 Ridgelake Dr, Metairie, LA 70002 Type: Office Price: $1,793,000 ($154.57 / SF) Buyer: DUAL FOCUS VISIONARY HOLDINGS LLC Elifin's Notes: A multi-unit medical office property sells on Ridgelake Drive. 6100 Elysian Fields Ave, New Orleans, LA 70122 Type: Office Price: $1,740,000 ($198.90 / SF) Buyer: ELYSIAN PLACE LLC Elifin's Notes: A two-story office...

04 May The Pulse NOLA: Large single-family home portfolio 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 1200 Poydras St (Retail Unit), New Orleans, LA 70113 Type: Retail Price: $7,272,000 ($421.08 / SF) Buyer: ANTANTA LLC Elifin's Notes: A Florida-based company acquires the first floor, a retail unit, of the building at 1200 Poydras Street. 840 Sherry Lane, Westwego, LA 70094 Type: Multifamily Price: $3,700,000 ($59,677 / Unit) Buyer:...

27 Apr The Pulse NOLA: California company purchases Walnut Square apartments

Posted at 07:27h 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 2564 Barataria Blvd, Marrero, LA 70072 Type: Retail Price: $2,150,000 ($231.53 / SF) Buyer: BZCP MARRERO LA LLC Elifin's Notes: A New York-based company purchases a CVS Pharmacy property on Barataria Boulevard. 3100 19th St, Metairie, LA 70002 Type: Retail Price: $2,047,933 ($172.46 / SF) Buyer: NORBO PROPERTIES LAKEVIEW LLC Elifin's Notes: The former...

20 Apr The Pulse NOLA: ELIFIN is growing and hiring + Last week’s sales

Posted at 08:54h 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 4227, 4229 Royal St, New Orleans, LA 70117 Type: Industrial Price: $1,150,000 ($70.23 / SF) Buyer: T & G INVESTMENTS LLC Elifin's Notes: An industrial warehouse property occupied by a marine supply company sells on Royal Street. 4713 Utica St, Metairie, LA 70006 Type: Office Price: $623,000 ($150.30 / SF) Buyer: IUEC LOCAL...