The Pulse: New Orleans

The Pulse NOLA: Volunteers of America purchase Canal St office

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 2475 Canal St, New Orleans, LA 70119 Type: Office Price: $3,600,000 ($77.41 / SF) Buyer: VOLUNTEERS OF AMERICA SOUTHEAST LOUISIANA INC Elifin's Notes: The Volunteers of America Southeast Louisiana purchases the Financial Planning Center office property on Canal Street. 1400 St Charles Ave, New Orleans, LA 70130 Type: Retail Price: $1,250,000 ($213.78...

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The Pulse NOLA: Napoleon medical office building sells for 8.8mm

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 2633 Napoleon Ave, New Orleans, LA 70115 Type: Office Price: $8,799,472 ($82.31 / SF) Buyer: VPU NEW ORLEANS LLC Elifin's Notes: The Napoleon Medical Office Building sells across the street from Ochsner on Napoleon Avenue. 6201 Humphreys St, Harahan, LA 70123 Type: Industrial Price: $1,600,000 ($47.88 / SF) Buyer: GALVANIZED RE LLC Elifin's Notes:...

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The Pulse NOLA: Express Tech Automotive property sells on Westbank Expy

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 6226, 6232 Jefferson Hwy, Harahan, LA 70123 Type: Office Price: $1,040,000 ($335.48 / SF) Buyer: 1640 HICKORY LLC Elifin's Notes: A pair of office buildings sell in Harahan. 74 Westbank Expy, Gretna, LA 70053 Type: Retail Price: $800,000 ($145.45 / SF) Buyer: NOLA ACM LLC Elifin's Notes: An auto repair retail property, currently operated...

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The Pulse NOLA: Former Save A Lot on South Carrollton sells

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 3021, 3033, 3037 S Carrollton Ave, New Orleans, LA 70118 Type: Retail Price: $2,575,000 ($164.10 / SF) Buyer: EARHART SQUARE GROUP LLC Elifin's Notes: A property with a grocery store (former Save A Lot) and another retail building sells at South Carrollton Avenue & Earheart Boulevard 905 Royal St, New...

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The Pulse NOLA: Our Lady of Lourdes School sells

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 246 Metairie Rd, Metairie, LA 70005 Type: Retail Price: $1,925,000 ($505.12 / SF) Buyer: EWP 2005 LLC Elifin's Notes: A retail building, currently occupied by Em's Boutique, sells at the intersection of Metairie road and Stella Street. 634 Peters Rd, Harvey, LA 70058 Type: Industrial Price: $1,500,000 ($79.00 / SF) Buyer: T&T SALVAGE...

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The Pulse NOLA: Former Walgreens property sold for over 3 million

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 1544 Manhattan Blvd, Harvey, LA 70058 Type: Retail Price: $3,398,000 ($234.51 / SF) Buyer: 1544 MANHATTAN HOLDINGS LLC Elifin's Notes: Former Walgreens drug store retail property sells along Manhattan Boulevard. 6218 Arts St, New Orleans, LA 70122 Type: Multifamily Price: $2,900,000 ($103,571 / Unit) Buyer: NOLAN AT GENTILLY LLC Elifin's Notes: A multifamily property...

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The Pulse NOLA: Metairie office building sells for 2.15mm

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 3045 Ridgelake Dr, Metairie, LA 70002 Type: Office Price: $2,150,000 ($170.82 / SF) Buyer: 3045 RIDGELAKE LLC Elifin's Notes: A three-story office building sells at the intersection of 20th Street and Ridgelake Drive. 5050-5058 Lapalco Blvd, Marrero, LA 70072 Type: Retail Price: $899,000 ($64.21 / SF) Buyer: COVERED PROPERTIES LLC Elifin's Notes: A neighborhood...

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The Pulse NOLA: Former Park Place nursing home sells in Gretna

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 535 Commerce St, Gretna, LA 70056 Type: Healthcare Price: $1,875,000 ($41.25 / SF) Buyer: AMS REAL ESTATE LLC Elifin's Notes: The former Park Place nursing home in Gretna sells 3106 Houma Blvd, Metairie, LA 70006 Type: Office Price: $905,000 ($211.10 / SF) Buyer: ROBE PROPERTY HOLDINGS LLC Elifin's Notes: A medical office trades along...

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The Pulse NOLA: City of NOLA purchases industrial property for 7mm

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 10500 Hayne Blvd, New Orleans, LA 70127 Type: Multifamily Price: $9,325,000 ($70,644 / Unit) Buyer: Haltere Fund VI, LLC Elifin's Notes: The Haltere Group, a California-based investment firm, purchases the Arbors on the Lake apartment complex 3035 Earhart Blvd, New Orleans, LA 70125 Type: Industrial Price: $7,000,000 ($143.78 / SF) Buyer: CITY OF...

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The Pulse NOLA: Gilmore Park Apartments sell for 4.1mm

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 1315 Southlawn Blvd, New Orleans, LA 70114 Type: Multifamily Price: $4,100,000 ($53,947 / Unit) Buyer: PG REALTY PRO LLC Elifin's Notes: Local entrepreneur purchases the Gilmore Park Apartments near Delgado Community College on the West Bank 5212 South Claiborne Ave, New Orleans, LA 70115 Type: Specialty Price: $1,920,000 ($136.32 / SF) Buyer: CHURCH...

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