The Pulse: New Orleans

The Pulse NOLA: Building housing Daisy Dukes Cafe sells

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 308 Saint Charles Avenue, New Orleans, LA 70130 Type: Mixed-Use Price: $1,925,000 ($234.76 / SF) Buyer: BIG EASY INVESTMENTS LLC OF NEW MEXICO Elifin's Notes: Big Easy Investments LLC of New Mexico purchase a mixed-use property with a street-level restaurant space, currently occupied by Daisy Dukes Cafe, and three...

Read More

The Pulse NOLA: Daycare purchases 3 adjacent buildings along Tulane

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 2907, 2909 Tulane Avenue, New Orleans, LA 70119 Type: Retail Price: $874,000 ($295.47 / SF) Buyer: KIDS KINGDOM ACADEMY & DAYCARE LLC Elifin's Notes: In one of their two purchases last week, Kid's Kingdom Academy & Daycare purchases their location along Tulane Avenue 1000 Bourbon Street, New Orleans, LA 70116 Type:...

Read More

The Pulse NOLA: Local company purchases Elmwood properties for 1.5mm

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 1521 Kuebel Street, Elmwood, LA 70123 Type: Industrial Price: $1,549,153 ($94.46 / SF) Buyer: GALVANIZED RE LLC Elifin's Notes: Local company purchases two industrial buildings within the Elmwood Business Park 6135 Bellaire Drive, New Orleans, LA 70124 Type: Multifamily Price: $1,325,000 ($132,500 / Unit) Buyer: Liang Meng; Liang Yin Elifin's Notes: A pair of...

Read More

The Pulse NOLA: French Quarter property sold for 1.17 million

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 1224 Decatur Street, New Orleans, LA 70116 Type: Mixed-Use Price: $1,175,000 ($229.99 / SF) Buyer: HANQI INVESTMENTS LLC Elifin's Notes: Gretna-based investors purchase a mixed-use property on Decatur in the French Quarter 5501 Crowder Boulevard, New Orleans, LA 70127 Type: Retail Price: $975,000 ($69.10 / SF) Buyer: MJM CROWDER INVESTMENTS LLC Elifin's Notes: Former...

Read More

The Pulse NOLA: Harvey investor purchases two hotels in the Warehouse District

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 301A Funston St, New Orleans, LA 70123 Type: Industrial Price: $800,000 ($103.36 / SF) Buyer: ELEMENTAL STYLE&STRUCTURE LLC Elifin's Notes: An industrial flex warehouse space sells in Elmwood 13 24th St, Kenner, LA 70062 Type: Industrial Price: $565,000 ($99.12 / SF) Buyer: 13 W 24TH LLC Elifin's Notes: An industrial property along with adjacent...

Read More

The Pulse NOLA: Norma’s Sweets in Mid City purchases building

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 850 Kenner Ave, Kenner, LA 70062 Type: Industrial Price: $475,000 ($57.82 / SF) Buyer: WASTE PRO OF LOUISIANA INC Elifin's Notes: An industrial property sells just south of the Airport in Kenner 2915 Bienville St, New Orleans, LA 70119 Type: Industrial Price: $375,000 ($98.92 / SF) Buyer: 2915 BIENVILLE PROPERTIES LLC Elifin's Notes: Norma's...

Read More

The Pulse NOLA: Cox retail location on Elysian Fields sells for 4.85mm

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 3131 Elysian Fields Ave, New Orleans, LA 70122 Type: Retail Price: $4,850,000 ($326.64 / SF) Buyer: R&M PROPERTIES 3131 ELYSIAN FIELDS LLC Elifin's Notes: The Cox retail location on Elysian Fields sells as an investment property 7457 St Charles Ave, New Orleans, LA 70118 Type: Retail Price: $800,000 ($300.08 / SF) Buyer: A...

Read More

The Pulse NOLA: French Quarter property purchased by Bevolo Gas & Electric Lights

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 520 Conti St, New Orleans, LA 70130 Type: Multifamily Price: $1,100,000 ($220,000 / Unit) Buyer: BEVOLO GAS & ELECTRIC LIGHTS LLC Elifin's Notes: Bevolo Gas & Electric Lights acquires a commercial property within the French Quarter on Conti Street 3308 Washington Ave, New Orleans, LA 70125 Type: Multifamily Price: $615,200 ($30,760 /...

Read More

The Pulse NOLA: Gayle Benson purchases land, 65mm apartment sale

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 1499 Central Park Blvd, Harvey, LA 70058 Type: Multifamily Price: $65,000,000 ($180,556 / Unit) Buyer: FC HARVEY LLC Elifin's Notes: The Waters at Manhattan, a 360-unit multifamily property in Harvey, sells 6364 Woodland Hwy, New Orleans, LA 70131 Type: Multifamily Price: $6,500,000 ($43,046 / Unit) Buyer: 9900 TIMBER RIDGE LLC Elifin's Notes: The Timber...

Read More

The Pulse NOLA: Excelth purchases their location in Algiers

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 4422 General Meyer Ave, New Orleans, LA 70131 Type: Healthcare Price: $1,325,000 ($39.18 / SF) Buyer: EXCELTH INC Elifin's Notes: Excelth, a primary health care company, purchases their location in Algiers adjacent to Edna Karr High School 809 Behrman Highway, Terrytown, LA 70056 Type: Retail Price: $1,150,000 ($115.00 / SF) Buyer: 809 BEHRMAN...

Read More