The Pulse: New Orleans

28 Apr The Pulse NOLA: Oschner Foundation purchases property on Jefferson

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 7639 Townsend Pl, New Orleans, LA 70126 Type: Industrial Price: $1,500,000 ($34.09 / SF) Buyer: K C LINEN LLC Elifin's Notes: An industrial warehouse/office property changes hands on Townsend Place. 455 S Galvez St, New Orleans, LA 70119 Type: Industrial Price: $1,050,000 ($95.45 / SF) Buyer: 451 455 SOUTH GALVEZ LLC Elifin's Notes: An...

21 Apr The Pulse NOLA: Jazz & Heritage Festival acquires old art gallery

Posted at 08:57h 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 4419, 4425 Utica St, Metairie, LA 70006 Type: Office Price: $2,550,000 ($272.32 / SF) Buyer: SMBC LEASING&FINANCE INC Elifin's Notes: A New York-based entity purchases a dialysis clinic with warehouse space on Utica Street. 840 N Rampart St, New Orleans, LA 70116 Type: Retail Price: $2,300,000 ($363.52 / SF) Buyer: NEW ORLEANS JAZZ...

14 Apr The Pulse NOLA: Former Federal Reserve building sells in CBD

Posted at 09:33h 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 147 Carondelet St, New Orleans, LA 70112 Type: Office Price: $3,500,000 ($83.49 / SF) Buyer: OLD FEDERAL RESERVE LLC Elifin's Notes: The former Federal Reserve branch building sells in the CBD. 1820 L and A Rd, Metairie, LA 70001 Type: Industrial Price: $1,715,000 ($107.19 / SF) Buyer: FOUR RIVERS PROPERTIES LLC Elifin's Notes: An...

07 Apr The Pulse NOLA: Strip center sells at Algiers Plaza

Posted at 09:22h 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 1105 Veterans Memorial Blvd (Land Only), Metairie, LA 70005 Type: Land Price: $2,650,000 ($85.68 / Land SF) Buyer: KMHSHELL LLC Elifin's Notes: KMHShell LLC purchases a parcel of land, not including the improvements, next to a gas station/convenience store which they currently own. 2831 St Claude Ave, New Orleans, LA...

31 Mar The Pulse NOLA: Extra Space Storage facility sells for 29.6mm

Posted at 09:22h 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 4866 Tchoupitoulas St, New Orleans, LA 70115 Type: Self-Storage Price: $29,600,000 ($34,180 / Unit) Buyer: EXTRA SPACE PROPERTIES TWO LLC Elifin's Notes: The Extra Space Storage facility on Tchoupitoulas Street sells near F&M's Patio Bar. 211 Camp St, New Orleans, LA 70170 Type: Hospitality Price: $1,675,600 Buyer: INTERNATIONAL HOUSE L L C Elifin's Notes:...

24 Mar The Pulse NOLA: Luxury apartments sell for over 33mm

Posted at 09:10h 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 2651 Poydras St, New Orleans, LA 70119 Type: Multifamily Price: $33,151,001 ($132,604 / Unit) Buyer: 2651 POYDRAS LLC Elifin's Notes: The Marquis Luxury Apartments, 250 units, changes ownership at Poydras Street and South Broad Street. 2221 N Hullen St, Metairie, LA 70005 Type: Multifamily Price: $1,600,000 ($88,889 / Unit) Buyer: NORTH HULLEN APARTMENTS...

17 Mar The Pulse NOLA: Arbor Place Apartments sell for 7.6mm

Posted at 09:07h 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 735 Heritage Ave, Terrytown, LA 70056 Type: Multifamily Price: $7,610,000 ($55,956 / Unit) Buyer: ARBOR PLACE LLC Elifin's Notes: The Arbor Place Apartments, consisting of 136 units, changes hands on Heritage Avenue in Terrytown. 801, 805 Distributors Row, New Orleans, LA 70123 Type: Industrial Price: $1,790,000 ($82.87 / SF) Buyer: IHTSW INVESTMENTS Elifin's Notes:...

10 Mar The Pulse NOLA: Restaurant and bar portfolio sells

Posted at 09:07h 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 4704 Veterans Memorial Blvd, Metairie, LA 70006 Type: Retail Price: $3,475,000 ($259.79 / SF) Buyer: AREA 55 LLC Elifin's Notes: A retail strip center sells along Veterans Memorial Boulevard in Metairie. 117 Central Dr, Metairie, LA 70005 Type: Industrial Price: $475,000 ($121.79 / SF) Buyer: 117 CENTRAL DRIVE LLC Elifin's Notes: An industrial property...

03 Mar The Pulse NOLA: New Orleans Center for Creative Arts sells to State of LA

Posted at 09:11h 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 2831 Chartres St, New Orleans, LA 70117 Type: Industrial Price: $8,000,000 ($163.33 / SF) Buyer: STATE OF LOUISIANA Elifin's Notes: The State of Louisiana acquires the New Orleans Center for Creative Arts facility on Chartres Street. 1435 Japonica St, New Orleans, LA 70117 Type: Industrial Price: $2,050,000 ($58.69 / SF) Buyer: STAY READY...

24 Feb The Pulse NOLA: Ruth’s Chris property on Veterans sells

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 1770 Tchoupitoulas St, New Orleans, LA 70130 Type: Mixed-Use Price: $8,065,000 ($78.84 / SF) Buyer: 1770 TCHOUPITOULAS, INC. Elifin's Notes: A mixed-use property, comprising three buildings including an apartment complex and a storage facility, sells on Tchoupitoulas Street. 7122, 7130 Crowder Blvd, New Orleans, LA 70127 Type: Multifamily Price: $1,187,500 ($56,548 /...