The Pulse: New Orleans

10 Jul The Pulse NOLA: Land sells on Elmwood Park for 1mm

Posted at 09:04h 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 1090 Elmwood Park Blvd Type: Land Price: $1,000,000 ($25.51 / Land SF) Buyer: JEFFERSON PARISH EMPLOYEES FEDERAL CREDIT UNION Elifin's Notes: Nearly an acre of vacant commercial land sells in the Elmwood Industrial Park area 1418 Magazine St Type: Mixed-Use Price: $800,000 ($252.05 / SF) Buyer: Midcity Holdings, LLC of LA Elifin's Notes: Mixed...

03 Jul The Pulse NOLA: Investors purchase 31 acres in Segnette Park area

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 3841 Ulloa Street Type: Multifamily Price: $1,675,000 ($83,750 / Unit) Buyer: Ulloa Street LLC Elifin's Notes: Active local investor purchases a 20-unit multifamily property in the Tulane/Gravier area 412 Westwood Dr Type: Multifamily Price: $560,000 ($46,667 / Unit) Buyer: EAGLE EQUITIES LLC Elifin's Notes: Multifamily property sells in the Westwood area of Marrero 3427 Jefferson...

26 Jun The Pulse NOLA: Bella Plaza retail center sells to local investors

Posted at 08:57h 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 4412 Trenton St Type: Office Price: $700,000 ($201.96 / SF) Buyer: WEM REALTY LLC Elifin's Notes: Local investor purchases office property in the Pontchartrain Garden area 3826 General De Gaulle Dr Type: Retail Price: $600,000 ($202.43 / SF) Buyer: 3826 GENERAL LLC Elifin's Notes: Retail property sells in Algiers 4324 Downman Rd Type: Retail Price: $545,000 ($77.30...

19 Jun The Pulse NOLA: Palmetto Apartments sold for 6.4mm

Posted at 08:22h 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 3801 Joliet St Type: Multifamily Price: $6,432,000 ($51,871 / Unit) Buyer: Palmetto Apartments LLC Elifin's Notes: A Hamdan Sons Investments led entity purchases a large multifamily property in the Dixon area 1407 S Carrollton Ave Type: Office Price: $1,340,000 ($177.41 / SF) Buyer: ALI II LLC Elifin's Notes: Office property sells in the East...

12 Jun The Pulse NOLA: 124 Acres in Bridge City sold

Posted at 09:06h 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 500 Seven Oaks Blvd Type: Mixed-Use Price: $3,000,000 ($152.28 / SF) Buyer: SEVEN OAKS INVESTMENTS LLC Elifin's Notes: Eddie Hamdan-led entity purchases a total of 124+ acres with a industrial building and facility on 10 acres of the site in the Bridgeview Park area of Bridge City 1621 L and...

05 Jun The Pulse NOLA: 274 Unit Oakmont of Algiers sell

Posted at 08:36h 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 Westbend Pkwy Type: Multifamily Price: $4,500,000 ($16,423 / Unit) Buyer: ZURQUI LLC Elifin's Notes: As one of three sales this week as a result of the same bankruptcy proceeding, Baton Rouge-based investors purchase the Oakmont of Algiers apartment complex in the Behrman area 1445 Lapalco Blvd Type: Land Price: $3,500,000 ($9.17...

29 May The Pulse NOLA: New Medical office sells for 2.8mm

Posted at 08:26h 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 2405 Sanctuary Dr Type: Specialty Price: $2,800,000 Buyer: NEW ORLEANS MILITARY AND MARITIME ACADEMY INC Elifin's Notes: The Algiers Development District sells to the New Orleans Military and Maritime Academy its' own campus and additional property in the Whitney area of Algiers 2558 Barataria Blvd Type: Office Price: $2,388,039 Buyer: FCPT HOLDINGS LLC Elifin's...

22 May The Pulse NOLA: Ochsner Foundation purchases large retail building

Posted at 08:56h 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 6166 Elysian Fields Ave Type: Retail Price: $1,200,000 ($383.75 / SF) Buyer: HAZA FOODS OF NORTHEAST LLC Elifin's Notes: Fast Food property sells in the St. Anthony area 2830 Bell St Type: Mixed-Use Price: $1,078,000 ($176.95 / SF) Buyer: JG2 PROPERTIES LLC Elifin's Notes: Local investors purchase a mixed-use property with 7 apartments and...

15 May The Pulse NOLA: Large retail property in Terrytown sells for 3.8mm

Posted at 08:57h 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 2703 Belle Chasse Hwy Type: Retail Price: $3,800,000 ($104.13 / SF) Buyer: AVILA PROPERTIES LLC Elifin's Notes: Large retail property sells along Belle Chasse Highway 4422 Magazine Street Type: Retail Price: $950,000 ($442.48 / SF) Buyer: JADES NAIL BAR LLC Elifin's Notes: Local entity purchases a retail property along Magazine Street in the Uptown...

08 May The Pulse NOLA: Former Army National Guard facility sells

Posted at 08:48h 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 4200 Michoud Blvd Type: Industrial Price: $1,250,000 ($8.00 / SF) Buyer: 4200 MICHOUD LLC Elifin's Notes: An entity, led by Barry Kern, purchases the former Army National Guard facility sitting on 12.185 acres of land in the Michoud area 1731 Baronne St Type: Retail Price: $819,120 ($128.27 / SF) Buyer: EFFORTS OF GRACE...