The Pulse: New Orleans

03 Feb The Pulse NOLA: Former Perino’s Seafood property sells

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 112 Glenn St, Metairie, LA 70005 Type: Multifamily Price: $1,240,000 ($103,333 / Unit) Buyer: PREMIUM RENTALS LLC Elifin's Notes: Premium Rentals acquires a 12-unit apartment complex, with eight 1BR/1BA units and four 2BR/1BA units, on Glenn Street. 614, 616 Julia St, New Orleans, LA 70130 Type: Mixed-Use Price: $1,000,000 ($219.20 / SF) Buyer:...

27 Jan The Pulse NOLA: Industrial properties sell in Kenner

Posted at 09:42h 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 2225 Fayette St, Kenner, LA 70062 Type: Industrial Price: $500,000 ($125.00 / SF) Buyer: Future Property Investments, LLC Elifin's Notes: A local entity purchases an industrial property within the Crestview Office & Industrial Park in Kenner. Lots 75, 76, 77, 78 Fayette St, Kenner, LA 70062 Type: Land Price: $50,000 ($5.18 /...

20 Jan The Pulse NOLA: One of NOLA’s most blighted properties sells

Posted at 09:13h 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 3409 Severn Ave, Metairie, LA 70002 Type: Multifamily Price: $17,650,000 ($109,627 / Unit) Buyer: LOCAL ON SEVERN LLC Elifin's Notes: The Medve Group, a Texas-based property management company, acquires The Local on Severn, a 161-unit multifamily property, in Metairie for $17.6MM. 1925 L and A Rd, Metairie, LA 70001 Type: Industrial Price:...

13 Jan The Pulse NOLA: The Sugar Mill event venue sells

Posted at 09:59h 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 4425 W Napoleon Ave, Metairie, LA 70001 Type: Industrial Price: $1,900,000 ($267.61 / SF) Buyer: 2007 CLEARVIEW LLC Elifin's Notes: 2007 Clearview LLC purchases an industrial flex-showroom space on West Napoleon Avenue in Metairie. 4512 Zenith St, Metairie, LA 70001 Type: Industrial Price: $1,750,000 ($118.81 / SF) Buyer: 2007 CLEARVIEW LLC Elifin's Notes: 2007...

06 Jan The Pulse NOLA: Retail property sells in the French Quarter

Posted at 09:53h 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 604 Julia St, New Orleans, LA 70130 Type: Mixed-Use Price: $1,400,000 ($216.95 / SF) Buyer: 604 JULIA LLC Elifin's Notes: A Warehouse District mixed-use property, consisting of one street level retail, four STR units, and two apartments, sells. 609, 615 Chartres St, New Orleans, LA 70130 Type: Retail Price: Withheld Buyer: 609 CHARTRES...

30 Dec The Pulse NOLA: Former Winn-Dixie property in Algiers sells for 8.1mm

Posted at 09:45h 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 3008 Holiday Dr, New Orleans, LA 70131 Type: Retail Price: $8,100,000 ($127.29 / SF) Buyer: ROYALE WINN NOLA LLC Elifin's Notes: A Florida-based entity acquires the former Winn-Dixie property in Algiers. 613, 635, 641 Baronne St, New Orleans, LA 70113 Type: Office Price: $2,400,000 ($93.39 / SF) Buyer: 615 BARONNE ST LLC Elifin's Notes:...

23 Dec The Pulse NOLA: Two mixed-use properties sell in French Quarter

Posted at 09:49h 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 550 Modern Farms Rd, Westwego, LA 70094 Type: Industrial Price: $4,300,000 ($47.19 / SF) Buyer: METALS USA PLATES&SHAPES INC Elifin's Notes: Metals USA Plates & Shapes Inc purchases the industrial warehouse property adjacent to their current location in Westwego. 600 Elmwood Park Blvd, Harahan, LA 70123 Type: Industrial Price: $4,200,000 ($51.53 /...

16 Dec The Pulse NOLA: Former Uptown Delivery Pharmacy property sells

Posted at 09:39h 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 5057 Kenal Rd, Lafitte, LA 70067 Type: Retail Price: $2,560,000 ($551.49 / SF) Buyer: RAZZ HALILI TRUST Elifin's Notes: A Texas-based restaurateur purchases a fishing charter and lodging property in Lafitte. 501-505 Metairie Rd, Metairie, LA 70005 Type: Mixed-Use Price: $1,400,000 ($238.26 / SF) Buyer: 9300 JEFFERSON HIGHWAY LLC Elifin's Notes: A mixed-use property,...

09 Dec The Pulse NOLA: Mixed-use property sells along Magazine Street

Posted at 09:21h 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 10 Commerce Ct, New Orleans, LA 70123 Type: Industrial Price: $1,500,000 ($121.38 / SF) Buyer: AB&LD PROPERTIES LLC Elifin's Notes: AB&LD Properties acquires a property in Elmwood featuring 7520 SF of industrial warehouse space and 4838 SF of office space. 5414, 5418 Magazine St, New Orleans, LA 70115 Type: Mixed-Use Price: $1,350,000...

02 Dec The Pulse NOLA: Clover Grill property sells on Bourbon Street

Posted at 09:52h 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 15 Lake Forest Blvd, New Orleans, LA 70128 Type: Land Price: $1,585,000 ($8.07 / Land SF) Buyer: SOUTHWEST REGION CONFERENCE ASSOCIATION OF SEVENTH ADVENTISTS Elifin's Notes: A 4+ acre parcel of land sells near Audubon Louisiana Nature Center. 9300 Jefferson Hwy, River Ridge, LA 70123 Type: Office Price: $1,450,000 ($499.48 / SF) Buyer:...