The Pulse: New Orleans

28 Aug The Pulse NOLA: Colonial Shopping Centre sells in Harahan

Posted at 08:40h 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 7335 Jefferson Hwy Type: Retail Price: $5,350,000 ($120.37 / SF) Buyer: JEFFERSON ONE SAI PROPERTY LLC Elifin's Notes: The Colonial Shopping Center sells along Jefferson Highway in Harahan 4511 Clearview Pkwy Type: Retail Price: $1,600,000 Buyer: LUSCO&LUSCO LLC Elifin's Notes: The Charvet's Garden Center property sells in the Pontchartrain Shores area 1820 Dickory Ave Type: Retail Price:...

21 Aug The Pulse NOLA: Retail Center sells in St. Claude

Posted at 09:19h 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 8520 Hickory St Type: Multifamily Price: $1,400,000 ($100,000 / Unit) Buyer: WOODMERE DAYCARE L L C Elifin's Notes: Harvey-based investor purchases a 14-unit multifamily property in the Leonidas area 2701 N Hullen St Type: Office Price: $635,000 ($334.21 / SF) Buyer: ULFERS DEVELOPMENT LLC Elifin's Notes: Currently used as Advanced Medical office, this property...

14 Aug The Pulse NOLA: Gretna office building sells for 2.7mm

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 2550 Belle Chasse Hwy Type: Office Price: $2,700,000 ($60.00 / SF) Buyer: GRETNA OFFICE COMPLEX LLC Elifin's Notes: Office building property sells in Gretna along the Belle Chasse Highway 2509 Houma Blvd Type: Multifamily Price: $1,220,000 ($101,667 / Unit) Buyer: GRAYSTONE MANOR LLC Elifin's Notes: The Greystone Manor Apartments sell in the Suburban Villa...

07 Aug The Pulse NOLA: Medical property sold to NY investor for 5.4 million

Posted at 08:50h 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 2908 General De Gaulle Dr Type: Office Price: $5,442,000 ($755.10 / SF) Buyer: SMBC LEASING AND FINANCE INC Elifin's Notes: New York-based entity purchases an office property occupied by Fresenius Kidney Care in the Behrman area 4421 Burgundy St Type: Multifamily Price: $720,000 ($72,000 / Unit) Buyer: ROAK REAL ESTATE LLC Elifin's Notes: A...

31 Jul The Pulse NOLA: Algiers Plaza shopping center sells for 35mm

Posted at 08:44h 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 4100 General De Gaulle Dr Type: Retail Price: $35,000,000 ($145.22 / SF) Buyer: ALGIERS PLAZA, LLC Elifin's Notes: California-based entity purchases the Algiers Plaza shopping center for 35 MM 1010-1022 Louisiana Ave Type: Multifamily Price: $1,900,000 ($316,667 / Unit) Buyer: SHEFFIELD CAPITAL SOLUTIONS LLC Elifin's Notes: Through three separate transactions, a local investor purchases...

24 Jul The Pulse NOLA: Huntington Park apartments sell for 15mm

Posted at 09:28h 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 7019 Crowder Boulevard Type: Multifamily Price: $15,000,000 ($93,750 / Unit) Buyer: Huntington Park 23 LLC Elifin's Notes: Northeastern-based investor purchases the Huntington Park apartments in the Little Woods area 2543 Perdido St Type: Land Price: $2,100,000 ($31.93 / Land SF) Buyer: Perdido St__2543 Elifin's Notes: Investor purchases 1.5+ acres of commercial land with 15,000...

17 Jul The Pulse NOLA: Travelodge Hotel in West Harvey 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 2200 Westbank Expy Type: Hospitality Price: $4,300,000 ($20,283 / Unit) Buyer: SHREE MAA AMBE LLC Elifin's Notes: Entity purchases the Travelodge Hotel in West Harvey 2231 Peters Rd Type: Industrial Price: $1,100,000 ($31.28 / SF) Buyer: 2231 PETERS ROAD LLC Elifin's Notes: Local industrial business owner purchases an industrial property with warehouse and office...

10 Jul The Pulse NOLA: Land sells on Elmwood Park for 1mm

Posted at 09:04h 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 1090 Elmwood Park Blvd Type: Land Price: $1,000,000 ($25.51 / Land SF) Buyer: JEFFERSON PARISH EMPLOYEES FEDERAL CREDIT UNION Elifin's Notes: Nearly an acre of vacant commercial land sells in the Elmwood Industrial Park area 1418 Magazine St Type: Mixed-Use Price: $800,000 ($252.05 / SF) Buyer: Midcity Holdings, LLC of LA Elifin's Notes: Mixed...

03 Jul The Pulse NOLA: Investors purchase 31 acres in Segnette Park area

Posted at 09:18h 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 3841 Ulloa Street Type: Multifamily Price: $1,675,000 ($83,750 / Unit) Buyer: Ulloa Street LLC Elifin's Notes: Active local investor purchases a 20-unit multifamily property in the Tulane/Gravier area 412 Westwood Dr Type: Multifamily Price: $560,000 ($46,667 / Unit) Buyer: EAGLE EQUITIES LLC Elifin's Notes: Multifamily property sells in the Westwood area of Marrero 3427 Jefferson...

26 Jun The Pulse NOLA: Bella Plaza retail center sells to local investors

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 4412 Trenton St Type: Office Price: $700,000 ($201.96 / SF) Buyer: WEM REALTY LLC Elifin's Notes: Local investor purchases office property in the Pontchartrain Garden area 3826 General De Gaulle Dr Type: Retail Price: $600,000 ($202.43 / SF) Buyer: 3826 GENERAL LLC Elifin's Notes: Retail property sells in Algiers 4324 Downman Rd Type: Retail Price: $545,000 ($77.30...