The Pulse NOLA: Colonial Shopping Centre sells in Harahan

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

Commercial Sales Recorded Last Week

7335 Jefferson Hwy
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
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
1820 Dickory Ave

Type: Retail
Price: $1,400,000 ($183.82 / SF)
Buyer: 1820 DICKORY LLC
Elifin’s Notes: The Dickory Shopping Center sells in the Elmwood Lafreniere Plantation area in Harahan

2300 Manson Ave
2300 Manson Ave

Type: Multifamily
Price: $850,000 ($106,250 / Unit)
Buyer: AJRE MANSON LLC
Elifin’s Notes: Local investors purchase an 8-unit, two building, multifamily property in the Ponte Vista area of Metairie

1721 Shrewsbury Rd
1721 Shrewsbury Rd

Type: Retail
Price: $435,000 ($217.50 / SF)
Buyer: CKCC BELL SHREWSBURY LLC
Elifin’s Notes: Investor purchases a commercial warehouse property with income derived from a billboard lease and current fitness tenant in the Shrewsbury area

6057 Woodland Hwy
6057 Woodland Hwy

Type: Retail
Price: $230,000 ($85.57 / SF)
Buyer: 6057 WOODLAND INVESTMENTS LLC
Elifin’s Notes: Hamdan Sons Investments purchase the former Algiers Seafood & Deli property in the New Aurora area

1159 Terry Pkwy
1159 Terry Pkwy

Type: Retail
Price: $145,000 ($145.00 / SF)
Buyer: TAWI INVESTMENTS LLC
Elifin’s Notes: Local investor purchases a retail property within an industrial area of Oakdale

4500 Freret St
4500 Freret St

Type: Retail
Price: Withheld
Buyer: 4500 FRERET LLC
Elifin’s Notes: At the center of the Freret area, a two-unit restaurant property sells at the corner of Freret and Jena


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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