The Pulse: New Orleans

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...

13 Apr The Pulse NOLA: One Canal Place sold for 27.8mm

Posted at 10:08h 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 365 Canal St, New Orleans, LA 70130 Type: Office Price: $27,875,000 ($42.72 / SF) Buyer: AGGREGATED HOLDINGS OF NEW ORLEANS LLC Elifin's Notes: A New York-based entity purchases One Canal Place, a 32-story 650k sq ft office tower. 7001 Lawrence Rd, New Orleans, LA 70126 Type: Multifamily Price: $3,750,000 ($14,259 / Unit) Buyer:...

06 Apr The Pulse NOLA: Cornstalk Hotel in French Quarter sells

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. Commercial Sales Recorded Last Week 2424, 2434, 2444 Manhattan Blvd, Harvey, LA 70058 Type: Retail Price: $14,000,000 ($116.71 / SF) Buyer: MANHATTAN CROSSING LLC Elifin's Notes: A New York-based company acquires a shopping center on Manhattan Boulevard. 4401 Euphrosine St, New Orleans, LA 70125 Type: Industrial Price: $2,000,000 ($73.64 / SF) Buyer: 4401 EUPHROSINE LLC Elifin's Notes: A local...

30 Mar The Pulse NOLA: Aldi-anchored center sold to Michigan company

Posted at 09:41h 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 845 Carondelet St, New Orleans, LA 70130 Type: Retail Price: $1,500,000 ($217.39 / SF) Buyer: BEARCAT ENTERPRISES LLC Elifin's Notes: The owner of Bearcat CBD, a popular local eatery, purchases its location on Carondelet Street. 2820 Canal St, New Orleans, LA 70119 Type: Office Price: $815,000 ($99.17 / SF) Buyer: SILVA INVESTMENT PROPERTIES...

23 Mar The Pulse NOLA: Daiquiri shop in Grand Isle sold

Posted at 08:49h 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 7700 Maple St, New Orleans, LA 70118 Type: Retail Price: $1,400,000 ($828.89 / SF) Buyer: PROCTOR , SARA RAE ZEGELBONE Elifin's Notes: A former Starbucks branch property sells at the corner of Maple and Adams Streets. 3001 Gen De Gaulle Dr, New Orleans, LA 70114 Type: Office Price: $917,500 ($115.99 / SF) Buyer:...

16 Mar The Pulse NOLA: Texas company acquires shopping center for 11.5mm

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 7801 Airline Dr, Metairie, LA 70003 Type: Retail Price: $11,550,000 ($110.01 / SF) Buyer: CASH AMERICA INC OF LOUISIANA Elifin's Notes: A Texas-based company acquires a shopping center property on Airline Drive. 5400 Jefferson Hwy, Harahan, LA 70123 Type: Industrial Price: $4,750,000 ($86.63 / SF) Buyer: LAPEYRE PROPERTIES LLC Elifin's Notes: A former furniture...

08 Mar The Pulse NOLA: St Vincent de Paul property sells

Posted at 21:23h 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 3500 Canal St, New Orleans, LA 70119 Type: Office Price: $2,900,000 ($140.10 / SF) Buyer: MARILLAC COMMUNITY HEALTH CENTERS Elifin's Notes: This two-story office property, occupied by St Vincent de Paul, has individual offices, 10 large rooms for conference/instruction, and 54 covered parking spaces. 2221-2237 N Johnson St, 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...