The Pulse: New Orleans

07 Jul The Pulse NOLA: Jefferson Business Center sells for 11.4mm

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 520, 524 Elmwood Park Blvd, Elmwood, LA 70123 Type: Office Price: $11,443,300 ($109.86 / SF) Buyer: JEFFERSON BUSINESS CENTER INVESTMENT LLC Elifin's Notes: The Jefferson Business Center changes ownership in Elmwood. 212 E Airline Hwy, Kenner, LA 70062 Type: Land Price: $4,550,000 ($14.93 / Land SF) Buyer: 5950 SB GEORGIA HOLDINGS LLC Elifin's Notes:...

30 Jun The Pulse NOLA: 718-Unit multifamily property sells

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 888 Terry Pkwy, Terrytown, LA 70056 Type: Retail Price: $2,660,000 ($243.01 / SF) Buyer: DALAHN 2 LLC Elifin's Notes: A local investor purchases the CVS Property on the Terry Parkway in Terrytown. 3127, 3129 Short St, New Orleans, LA 70125 Type: Retail Price: $1,700,000 ($256.80 / SF) Buyer: ALLISON & GLENN INC Elifin's Notes:...

23 Jun The Pulse NOLA: LSU Board of Supervisors acquires industrial warehouse

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 10826 Hayne Blvd, New Orleans, LA 70127 Type: Retail Price: $600,000 ($64.29 / SF) Buyer: GARDE POINT SEAFOOD LLC Elifin's Notes: Garde Point Seafood LLC acquires a retail property at the corner of Hayne Boulevard and Lafourche Street. 2067 Poydras St, New Orleans, LA 70112 Type: Industrial Price: $555,000 ($78.30 / SF) Buyer:...

16 Jun The Pulse NOLA: Hilton property on Saint Charles sells for 47mm

Posted at 09:31h 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 333 St Charles Ave, New Orleans, LA 70130 Type: Hospitality Price: $47,000,000 ($186,508 / Unit) Buyer: HC GRAND LODGE HOTEL OWNER LLC Elifin's Notes: The Hilton Hotel property on Saint Charles Avenue sells. 300 Hord St, 6101 Beven St, New Orleans, LA 70121 Type: Industrial Price: $1,862,500 ($44.79 / SF) Buyer: HORD300 HOLDING...

09 Jun The Pulse NOLA: Lafreniere Assisted Living Center sells in Metairie

Posted at 09:32h 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 2609 Ridgelake Dr, Metairie, LA 70002 Type: Industrial Price: $1,125,000 ($113.64 / SF) Buyer: RIDGELAKE ENTERPRISE LLC Elifin's Notes: An industrial property with warehouse and office space sells on Ridgelake Drive in Metairie. 2532 Poydras St, New Orleans, LA 70119 Type: Industrial Price: $777,000 ($62.38 / SF) Buyer: 2532 POYDRAS PROPERTY LLC Elifin's Notes:...

02 Jun The Pulse NOLA: Dollar General property sells on Downman Road

Posted at 09:31h 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 6500 Downman Rd, New Orleans, LA 70126 Type: Retail Price: $560,000 ($62.04 / SF) Buyer: 6500 DOWNMAN INVESTMENT LLC Elifin's Notes: A Dollar General occupied retail property trades on Downman Road. 2001 Georgia Ave, Kenner, LA 70062 Type: Retail Price: $550,000 ($259.43 / SF) Buyer: ROBBIES BAR LLC Elifin's Notes: Robbie's Bar LLC acquires...

26 May The Pulse NOLA: Ted’s Frostop in Uptown sells

Posted at 08:17h 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 3615 Jefferson Hwy, New Orleans, LA 70121 Type: Retail Price: $2,500,000 ($51.55 / SF) Buyer: CANSECO PROPERTIES JEFFERSON LLC Elifin's Notes: Canseco Properties Jefferson, LLC acquires the Azalea Gardens Shopping Center on Jefferson Highway. 4200 Williams Blvd, Kenner, LA 70065 Type: Retail Price: $1,420,000 ($215.97 / SF) Buyer: R&D GULF INVESTMENTS LLC Elifin's Notes:...

19 May The Pulse NOLA: Showroom sells for 2.8mm in Kenner

Posted at 10:19h 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 2425 Williams Blvd, Kenner, LA 70062 Type: Retail Price: $2,800,000 ($116.12 / SF) Buyer: MORGAN&MORGAN LLC Elifin's Notes: A large showroom property changes ownership at the corner of Williams Boulevard and 24th Street. 2975 Behrman Hwy, New Orleans, LA 70114 Type: Retail Price: $550,000 ($83.85 / SF) Buyer: IGLESIA PENTECOSTAL REFUGIO DE SALVACION Elifin's...

12 May The Pulse NOLA: Industrial property sells for 2.25mm in Metairie

Posted at 09:31h 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 3217 27th St, Metairie, LA 70002 Type: Industrial Price: $2,250,000 ($260.72 / SF) Buyer: ARMADA PROPERTIES LLC Elifin's Notes: An industrial property sitting on 0.8+ acres sells on 27th Street in Metairie. 1645, 1649 Alexander Ct, Terrytown, LA 70056 Type: Multifamily Price: $1,500,000 ($50,000 / Unit) Buyer: EAGLE EQUITIES LLC Elifin's Notes: Local investor...

05 May The Pulse NOLA: Ochsner facility sells on Veterans

Posted at 10:34h 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 3601 Behrman Pl, New Orleans, LA 70114 Type: Multifamily Price: $1,600,000 ($14,679 / Unit) Buyer: 3601 BEHRMAN LLC Elifin's Notes: The Landing, a 109-unit senior living facility, changes ownership. 2205 N Hullen St, Metairie, LA 70001 Type: Multifamily Price: $1,530,000 ($85,000 / Unit) Buyer: SILVER LAKE ESTATE LLC Elifin's Notes: Silver Lake Estate LLC...