The Pulse: New Orleans

01 May The Pulse NOLA: 32 Unit Texas Motel in Shrewsbury sells

Posted at 09:02h 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 3520 Airline Dr Type: Hospitality Price: $1,265,000 ($39,531.25 / Unit) Buyer: HARVEY GULF INTERNATIONAL MARINE LLC Elifin's Notes: The 32-unit Texas Motel sells in the Shrewsbury area of Metairie 1434 Amelia St Type: Office Price: $750,000 ($300.00 / SF) Buyer: HUQ TASHFIN; IQBAL AZREEN Elifin's Notes: Formerly split into two residential condo units, this...

24 Apr The Pulse NOLA: Pelican Pointe Car Wash sells in Metairie

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. Commercial Sales Recorded Last Week 2500 David Dr Type: Retail Price: $1,750,000 ($972.22 / SF) Buyer: WASHING CARS II LLC Elifin's Notes: The Pelican Pointe Car Wash property sells in the Lelia Place area of Metairie 200 Wright Ave Type: Industrial Price: $1,500,000 ($29.24 / SF) Buyer: JULIA REALTY LLC Elifin's Notes: Large industrial property with three buildings sells...

17 Apr The Pulse NOLA: Lakeshore Chrysler Dodge Jeep RAM on W Esplanade sells

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 2204 Idaho Ave Type: Multifamily Price: $800,000 ($100,000 / Unit) Buyer: PIAZZA ROSICA S; PIAZZA NICHOLAS L SR Elifin's Notes: A pair of local individuals purchase two adjacent 4-plexes in the Lisa Park area of Kenner 3333 Metairie Rd Type: Retail Price: $720,000 ($225.56 / SF) Buyer: MCLAND PROPERTY INVESTMENT II LLC Elifin's Notes:...

10 Apr The Pulse NOLA: 268-Unit American Can mixed use development sells

Posted at 09:37h 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 2930 Camp St Type: Mixed-Use Price: $965,000 ($121 / SF) Buyer: ST.JOHN GARDEN DISTRICT HOUSE, LLC Elifin's Notes: California-based investors purchase a Garden District area church with historic ties back to the 1840s; although it is zoned within a primarily residential designation, certain commercial uses are permitted under HU-RD1 5110...

03 Apr The Pulse NOLA: IHOP in Harvey area sells for 1.5mm

Posted at 09:43h 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 Elysian Fields Ave Type: Retail Price: $1,660,000 ($370 / SF) Buyer: MDC ASSOCIATES L L C Elifin's Notes: Local investor purchases retail property along Elysian Fields Avenue in the Marigny. 1719 Manhattan Blvd Type: Retail Price: $1,550,000 ($316 / SF) Buyer: MANHATTAN PLACE IHOP LLC Elifin's Notes: Hamdan Sons Investments LLC purchases a...

27 Mar The Pulse NOLA: Famous Uptown Pascal’s Manale Restaurant sells

Posted at 09:06h 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 15200 Chef Menteur Hwy Type: Retail Price: $1,685,000 ($210 / SF) Buyer: TEJANI HOLDINGS LOUISIANA LLC Elifin's Notes: Vinton, Louisiana-based investors purchase a two building property home to the former Jubilee Casino and a separate building with a Truck Stop/Gas Station/Restaurant in the Venetian Isles area 201 N Wilson St Type:...

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...