The Pulse: New Orleans

18 Sep The Pulse NOLA: The Prytania Park Hotel sells to local investor

Posted at 08:54h 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 1525 Prytania St Type: Hospitality Price: $2,115,000 ($35,847 / Unit) Buyer: DREAMING TREE INVESTMENTS LLC Elifin's Notes: In one of five transactions, a local investment entity purchases The Prytania Park Hotel, 59-units, in the Lower Garden District 3197 Richland Ave Type: Office Price: $2,050,000 ($179.87 / SF) Buyer: Sanctuary Holdings, LLC Elifin's Notes: Keller...

11 Sep The Pulse NOLA: LeBrane’s Creole purchases their building in Westwego

Posted at 08:07h 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 116 Marguerite Rd Type: Multifamily Price: $1,025,000 ($128,125 / Unit) Buyer: JNO ENTERPRISES LLC Elifin's Notes: A multi-family property sells in the Marguerite Place area near the Saints practice facility off of Airline Drive 2282 Saint Claude Ave Type: Land Price: $775,000 ($63.19 / Land SF) Buyer: 2270 MARIGNY LLC Elifin's Notes: A corner...

04 Sep The Pulse NOLA: Office and parking lot sold in CBD

Posted at 08:19h 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 844 Baronne St Type: Office Price: $1,450,000 ($194.63 / SF) Buyer: 2712 ATHANIA LLC Elifin's Notes: An office building with adjacent parking lot sells in the CBD area 850 Sams Ave Type: Industrial Price: $1,250,000 ($93.31 / SF) Buyer: MICHLER INVESTMENTS LLC Elifin's Notes: An industrial property sells in the Lafreniere Plantation area 1501 Newton...

28 Aug The Pulse NOLA: Colonial Shopping Centre sells in Harahan

Posted at 08:40h 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 7335 Jefferson Hwy Type: Retail Price: $5,350,000 ($120.37 / SF) Buyer: JEFFERSON ONE SAI PROPERTY LLC Elifin's Notes: The Colonial Shopping Center sells along Jefferson Highway in Harahan 4511 Clearview Pkwy Type: Retail Price: $1,600,000 Buyer: LUSCO&LUSCO LLC Elifin's Notes: The Charvet's Garden Center property sells in the Pontchartrain Shores area 1820 Dickory Ave Type: Retail Price:...

21 Aug The Pulse NOLA: Retail Center sells in St. Claude

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 8520 Hickory St Type: Multifamily Price: $1,400,000 ($100,000 / Unit) Buyer: WOODMERE DAYCARE L L C Elifin's Notes: Harvey-based investor purchases a 14-unit multifamily property in the Leonidas area 2701 N Hullen St Type: Office Price: $635,000 ($334.21 / SF) Buyer: ULFERS DEVELOPMENT LLC Elifin's Notes: Currently used as Advanced Medical office, this property...

14 Aug The Pulse NOLA: Gretna office building sells for 2.7mm

Posted at 08:54h 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 2550 Belle Chasse Hwy Type: Office Price: $2,700,000 ($60.00 / SF) Buyer: GRETNA OFFICE COMPLEX LLC Elifin's Notes: Office building property sells in Gretna along the Belle Chasse Highway 2509 Houma Blvd Type: Multifamily Price: $1,220,000 ($101,667 / Unit) Buyer: GRAYSTONE MANOR LLC Elifin's Notes: The Greystone Manor Apartments sell in the Suburban Villa...

07 Aug The Pulse NOLA: Medical property sold to NY investor for 5.4 million

Posted at 08:50h 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 2908 General De Gaulle Dr Type: Office Price: $5,442,000 ($755.10 / SF) Buyer: SMBC LEASING AND FINANCE INC Elifin's Notes: New York-based entity purchases an office property occupied by Fresenius Kidney Care in the Behrman area 4421 Burgundy St Type: Multifamily Price: $720,000 ($72,000 / Unit) Buyer: ROAK REAL ESTATE LLC Elifin's Notes: A...

31 Jul The Pulse NOLA: Algiers Plaza shopping center sells for 35mm

Posted at 08:44h 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 4100 General De Gaulle Dr Type: Retail Price: $35,000,000 ($145.22 / SF) Buyer: ALGIERS PLAZA, LLC Elifin's Notes: California-based entity purchases the Algiers Plaza shopping center for 35 MM 1010-1022 Louisiana Ave Type: Multifamily Price: $1,900,000 ($316,667 / Unit) Buyer: SHEFFIELD CAPITAL SOLUTIONS LLC Elifin's Notes: Through three separate transactions, a local investor purchases...

24 Jul The Pulse NOLA: Huntington Park apartments sell for 15mm

Posted at 09:28h 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 7019 Crowder Boulevard Type: Multifamily Price: $15,000,000 ($93,750 / Unit) Buyer: Huntington Park 23 LLC Elifin's Notes: Northeastern-based investor purchases the Huntington Park apartments in the Little Woods area 2543 Perdido St Type: Land Price: $2,100,000 ($31.93 / Land SF) Buyer: Perdido St__2543 Elifin's Notes: Investor purchases 1.5+ acres of commercial land with 15,000...

17 Jul The Pulse NOLA: Travelodge Hotel in West Harvey sells

Posted at 08:58h 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 2200 Westbank Expy Type: Hospitality Price: $4,300,000 ($20,283 / Unit) Buyer: SHREE MAA AMBE LLC Elifin's Notes: Entity purchases the Travelodge Hotel in West Harvey 2231 Peters Rd Type: Industrial Price: $1,100,000 ($31.28 / SF) Buyer: 2231 PETERS ROAD LLC Elifin's Notes: Local industrial business owner purchases an industrial property with warehouse and office...