The Pulse: New Orleans

05 Feb The Pulse NOLA: French Quarter mixed-use property sells for 2.7mm

Posted at 09:24h 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 201 Decatur St, New Orleans, LA 70130 Type: Retail Price: $2,700,000 ($330.60 / SF) Buyer: BUTTERFIELDS BUTTER LLC Elifin's Notes: A mixed-use property sells at the corner of Decatur Street and Iberville Street in the French Quarter 9601 Jefferson Hwy, New Orleans, LA 70121 Type: Retail Price: $2,084,000 ($577.61 / SF) Buyer: MCDONALDS...

29 Jan The Pulse NOLA: American National Red Cross purchases office for 1.45mm

Posted at 09:10h 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 4140 Williams Blvd, Kenner, LA 70065 Type: Office Price: $1,450,000 ($148.26 / SF) Buyer: AMERICAN NATIONAL RED CROSS Elifin's Notes: The American National Red Cross acquires an office building on Williams Boulevard near the Pontchartrain Convention Center 3121 21st St, Metairie, LA 70002 Type: Office Price: $900,000 ($112.50 / SF) Buyer: Morris Brett...

22 Jan The Pulse NOLA: Nursing home in Harvey sells for 5.3mm

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 2233 8th St, Harvey, LA 70058 Type: Healthcare Price: $5,320,858 Buyer: 2233 EIGHTH LLC Elifin's Notes: The Maison De'ville Nursing Home in Harvey sells to an Indiana-based entity 2941 Royal St, New Orleans, LA 70117 Type: Retail Price: $3,000,000 ($85.76 / SF) Buyer: Eternal Seeds, Inc Elifin's Notes: An entity led by a New...

15 Jan The Pulse NOLA: West Jefferson Health Care Center property in Harvey sells

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 1020 Manhattan Blvd, Harvey, LA 70058 Type: Healthcare Price: $5,170,967 ($166.18 / SF) Buyer: 1020 MANHATTAN LLC Elifin's Notes: The former West Jefferson Health Care Center property, in Harvey, sells to an Indiana-based entity 3001 17th St, Metairie, LA 70002 Type: Office Price: $4,100,000 ($116.15 / SF) Buyer: SIL HOLDINGS LLC Elifin's Notes: A...

08 Jan The Pulse NOLA: Local investor purchases 16mm industrial portfolio

Posted at 09:25h 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 4839 Orleans Way, Marrero, LA 70072 Type: Industrial Price: $16,000,000 Buyer: TENTH WHEEL LLC Elifin's Notes: Mandeville-based investor purchases a large area of industrial land, with multiple industrial improvements and buildings, along Bayou Barataria in Crown Point 1025 S Norman C Francis Pkwy, New Orleans, LA 70125 Type: Specialty Price: $4,500,000 ($102.27...

01 Jan The Pulse NOLA: The City of Gretna purchases a hotel for 5.3mm

Posted at 08:55h 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 100 Westbank Expy, Gretna, LA 70053 Type: Hospitality Price: $5,335,000 ($17,265 / Unit) Buyer: GRETNA CITY OF Elifin's Notes: The City of Gretna purchases a hotel property along the Westbank Expressway 1031 Saint Philip St, New Orleans, LA 70116 Type: Mixed-Use Price: $1,600,000 ($129.86 / SF) Buyer: Walter Antin; Ariana Rinderknecht Elifin's Notes: A...

25 Dec The Pulse NOLA: Best Western property sells for 3 million

Posted at 08:08h 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 3900 Howard Ave, New Orleans, LA 70125 Type: Specialty Price: $10,000,000 ($280.48 / SF) Buyer: GRAY MEDIA GROUP INC Elifin's Notes: Gray Media Group, Inc, based out of Atlanta, purchases 3900 Howard Avenue, an office and television studio built in 2014, which will now be home to WVUE Fox...

18 Dec The Pulse NOLA: Vacant shopping center sells for 1.8mm

Posted at 09:10h 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 1075 Peters Rd, Harvey, LA 70058 Type: Industrial Price: $2,000,000 ($104.31 / SF) Buyer: D&J PETERS ROAD PROPERTIES LLC Elifin's Notes: A local entity purchases the former Chevron Harvey Terminal industrial property which includes two buildings on 7+ acres of land 1951 Ames Blvd, Marrero, LA 70072 Type: Retail Price: $1,800,000 ($62.50...

11 Dec The Pulse NOLA: Local investors purchase retail in the CBD

Posted at 08:45h 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 2502 Magnolia St, New Orleans, LA 70113 Type: Industrial Price: $800,000 ($40.93 / SF) Buyer: 2502 MAGNOLIA ST LLC Elifin's Notes: An industrial warehouse property changes hands in the Central City area 717 Common St, New Orleans, LA 70130 Type: Retail Price: $500,000 ($94.34 / SF) Buyer: 717 COMMON PROPERTIES LLC Elifin's Notes: Local...

04 Dec The Pulse NOLA: Lucky Inn Motel along Iberville St sells

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 2625 Iberville St, New Orleans, LA 70119 Type: Hospitality Price: $2,800,000 ($93,333 / Unit) Buyer: NEW ORLEANS WOMEN & CHILDRENS SHELTER INC Elifin's Notes: The New Orleans Women & Children's Shelter, Inc. purchases the newly renovated Lucky Inn Motel along Iberville Street 6541 I 10 Service Rd, New Orleans, LA...