The Pulse: New Orleans

20 Mar The Pulse NOLA: Magazine Street retail building sells for 1mm

Posted at 09:27h 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 4011 Magazine St Type: Retail Price: $1,000,000 ($513 / SF) Buyer: FORTY ELEVEN LLC Elifin's Notes: Local purchasers acquire a two-story retail building in the Touro area along Magazine Street 819, 821, 823 N Broad St Type: Retail Price: $750,000 ($135 / SF) Buyer: BROAD VENTURES LLC Elifin's Notes: Local investment group purchases a...

13 Mar The Pulse NOLA: Your Weekly Sales plus Elifin named Company of Year by Business Report

Posted at 08:41h in Research, The Pulse, The Pulse: New Orleans by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of New Orleans. Business Report names ELIFIN® Company of The Year Commercial Sales Recorded Last Week 608 Farmington Pl, 1960 Daniels Rd Type: Multifamily Price: $13,044,231 ($42,909 / Unit) Buyer: TERRYTOWN RESIDENCES LLC Elifin's Notes: Local investor Imad Hamdan purchases the Louisburg Square Apartments, 304 units with 1BR/1BA, 2BR/1BA, and 3BR/2BA configurations, in the Terrytown/Gretna area 1801 Hector Street,...

06 Mar The Pulse NOLA: 11-Unit Boutique Hotel in Uptown sells

Posted at 09:35h 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 806, 816 Adams St, 7706 Burthe St Type: Multifamily Price: $1,449,000 ($181,125 / Unit) Buyer: CMP 1 LLC Elifin's Notes: Local investors purchase three adjoining parcels of three multifamily buildings, totaling 8 units: one has six units, one is a 1BR/1BA, and the last is a 3BR/1BA traditional home. 4417...

27 Feb The Pulse NOLA: 96-Unit TownePlace Suites by Marriott sells

Posted at 08:39h 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 4534 Belle Dr Type: Land Price: $200,000 ($31.59 / Land SF) Buyer: GOVERNMENT ENTERPRISES LLC Elifin's Notes: Local investor purchases 0.15 acres of land with a C-1 zoning classification according to the Jefferson Parish Zoning Map in the Pontchartrain Shores area of Metairie. 1519, 1523 Touro St; 2014 N Claiborne...

20 Feb The Pulse NOLA: Magnolia Mansion in Garden District sells

Posted at 08:58h 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 2515-2517, 2519-2521 Chartres St Type: Hospitality Price: $1,500,000 ($136,364 / Unit) Buyer: 2515-21 CHARTRES LLC Elifin's Notes: Local investors purchase the, 11-unit, Lions Inn Bed & Breakfast in the Marigny in two separate transactions. 132 Allen Toussaint Blvd Type: Office Price: $922,000 ($384 / SF) Buyer: DUKE LANA Elifin's Notes: Local purchaser acquires a...

13 Feb The Pulse NOLA: Gretna convenience store sells for 3.1mm

Posted at 09:47h 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 101 Westbank Expy Type: Retail Price: $3,100,000 ($4,429 / SF) Buyer: HALO 17 LLC Elifin's Notes: Local investors purchase a centrally located Convenience Store/Gas Station property along the Westbank Expressway in Gretna 2331 Pailet Ave Type: Industrial Price: $615,000 ($38 / SF) Buyer: GOLDIN PROPERTIES INC Elifin's Notes: Mississippi-based investors purchase a 16,400 sq...

06 Feb The Pulse NOLA: St. Bakhita Apartments in Marrero sell for 3mm

Posted at 09:30h 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 8814 Veterans Memorial Blvd Type: Retail Price: $4,600,000 ($141 / SF) Buyer: LUCKY SEVEN LLC Elifin's Notes: This two-story, 32,740 sq ft, retail center with 14 units in the Westgate area was bought as part of an Anthony Marullo and Bradley Jongbloed investment team purchase of two retail centers...

30 Jan The Pulse NOLA: Esplanade Mall in Kenner sells for 10mm

Posted at 09:29h 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 W Esplanade Ave Type: Retail Price: $10,000,000 ($14 / SF) Buyer: PACIFICA KENNER LLC Elifin's Notes: Illinois-based developer purchases the Esplanade Mall property in Kenner 3216 W Esplanade Ave Type: Retail Price: $2,350,000 ($143 / SF) Buyer: LUCKY SEVEN LLC Elifin's Notes: The 16,380 sq ft, 16-unit, Petite Esplanade Shopping Center was bought...

23 Jan The Pulse NOLA: WWII Museum purchases 15,000 sf warehouse on Magazine Street

Posted at 09:05h 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 1060 Magazine St Type: Retail Price: $2,138,000 ($143 / SF) Buyer: NATIONAL WORLD WAR II MUSEUM INC Elifin's Notes: The World War II Museum purchases a 15,000 sq foot multi-use warehouse space along Magazine Street in the Warehouse District 2600-2602 Chartres St, 535 Franklin Ave Type: Retail Price: $1,150,000 ($259 / SF) Buyer:...

15 Jan The Pulse NOLA: Multi-million dollar renovation permit for CrescentCare Health

Posted at 21:31h 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 28 W 27th St Type: Industrial Price: $414,000 ($77 / SF) Buyer: Panayas J Dikeou as trustee of the PM Trust Elifin's Notes: Colorado-based investors purchase a 5,400 sq ft industrial space in the Crestview Office & Industrial Park area 1215 Truxton St Type: Multifamily Price: Withheld Buyer: TRUXTON LLC Elifin's Notes: Harvey-based investors...