The Pulse: New Orleans

09 Sep The Pulse NOLA: Bank of Louisiana building sells in the CBD

Posted at 09:12h 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 2012 River Rd, Westwego, LA 70094 Type: Industrial Price: $3,950,000 ($493.75 / SF) Buyer: TT 104 LLC Elifin's Notes: James Marine, Inc., a barge services company operating in Louisiana and Kentucky, purchases an industrial barge servicing facility at Nine Mile Point. 3700 W Esplanade Ave, Metairie, LA 70002 Type: Multifamily Price: $2,600,000...

02 Sep The Pulse NOLA: Former OnPath Federal Credit Union properties sell

Posted at 09:26h 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 5508 Citrus Blvd, New Orleans, LA 70123 Type: Office Price: $5,870,000 ($233.44 / SF) Buyer: FNLR OFCU LLC Elifin's Notes: Fortress Investment Group purchases this former OnPath Federal Credit Union location. 1554 Westbank Expy, Westwego, LA 70094 Type: Office Price: $3,020,000 ($431.43 / SF) Buyer: FNLR OFCU LLC Elifin's Notes: Fortress Investment Group purchases...

26 Aug The Pulse NOLA: Hollywood Park Apartments sell for 4.25mm

Posted at 09:17h 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 4000 Westbank Expy, Marrero, LA 70072 Type: Multifamily Price: $4,250,000 ($60,714 / Unit) Buyer: 4000 HOLLYWOOD APARTMENTS LLC Elifin's Notes: Hamdan Sons Investments, via a separate entity, purchases the Hollywood Park Apartments, 70-units, in Marrero. 3826 Magazine St, New Orleans, LA 70115 Type: Retail Price: $1,150,000 ($420.17 / SF) Buyer: DECADE LLC Elifin's Notes:...

19 Aug The Pulse NOLA: Two former Jefferson Parish school sites sell

Posted at 09:26h 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 10542 Jefferson Hwy, New Orleans, LA 70123 Type: Multifamily Price: $1,640,000 ($82,000 / Unit) Buyer: River Ridge Maisonettes, LLC Elifin's Notes: A 20-unit multifamily property sells in River Ridge. 172 Harbor Circle, New Orleans, LA 70126 Type: Industrial Price: $675,000 ($42.19 / SF) Buyer: FAYT INC Elifin's Notes: An industrial property changes hands near...

12 Aug The Pulse NOLA: International School of Louisiana purchases campus in St Roch

Posted at 09:12h 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 2518 Arts St, New Orleans, LA 70117 Type: Specialty Price: $5,750,000 ($121.44 / SF) Buyer: INTERNATIONAL SCHOOL OF LOUISIANA Elifin's Notes: Arising out of the bankruptcy proceedings for the Encore Learning Academy, the International School of Louisiana has purchased this school property in St. Roch. Tracts 6-A-4-C, 6-A-4-D, 6-A-4-E Promenade...

05 Aug The Pulse NOLA: Volunteers of America purchase Canal St office

Posted at 09:47h 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 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...

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

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 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:...

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

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 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...

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

Posted at 09:44h 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 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...

08 Jul The Pulse NOLA: Our Lady of Lourdes School sells

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 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...