The Pulse NOLA: Charter school property sells for 27.5mm

A weekly update on the commercial real estate landscape of New Orleans.

Commercial Sales Recorded Last Week

979 Behrman Highway, Terrytown, LA 70056
979 Behrman Highway, Terrytown, LA 70056

Type: Specialty
Price: $27,500,755 ($305.56 / SF)
Buyer: ATHLOS ACADEMY OF JEFFERSON
Elifin’s Notes: Athlos Academy of Jefferson purchases their charter school property in Terrytown

1212 27th Street, Kenner, LA 70062
1212 27th Street, Kenner, LA 70062

Type: Industrial
Price: $400,000 ($57.47 / SF)
Buyer: PRADAT INVESTMENTS LLC
Elifin’s Notes: An industrial flex property with both office and warehouse space changes hands within Kenner’s Bainbridge Office & Industrial Park

209 North Broad Street, New Orleans, LA 70119

Type: Office
Price: $200,000 ($48.08 / SF)
Buyer: TRIPLE R REAL ESTATE LLC
Elifin’s Notes: An office with street-level retail property changes hands in Mid-City

2200 4th Street, Harvey, LA 70058
2200 4th Street, Harvey, LA 70058

Type: Retail
Price: $180,000 ($68.44 / SF)
Buyer: MINH HUONG UYEN LLC
Elifin’s Notes: Goody’s Seafood, a retail grocery, sells along 4th Street in Harvey

2366 Prentiss Avenue, New Orleans, LA 70122
2366 Prentiss Avenue, New Orleans, LA 70122

Type: Retail
Price: $105,000 ($100.48 / SF)
Buyer: WINGATE NOLA PROPERTIES LLC
Elifin’s Notes: The “Old Bacchus Lounge” retail property sells in the Milneburg neighborhood


Commercial Permits Issued Last Week


Sale records included based on the following parameters: Building and commercial land sales with a sales price that is either withheld or greater than or equal to $300,000. Multifamily sales greater than or equal to 5 units. Sale must be an arm’s length transaction (between unrelated parties). Best efforts are made to provide complete and reliable information, but accuracy is not guaranteed and the reader bears the responsibility to verify the accuracy of such information prior to forwarding it, utilizing it, or relying on it in any way.

Elifin Realty
marketing@elifinrealty.com
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