The Pulse NOLA: Crowder Retail Center sells for over 3 million

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

Commercial Sales Recorded Last Week

5790 Crowder Blvd, New Orleans, LA 70127
5790 Crowder Blvd, New Orleans, LA 70127

Type: Retail
Price: $3,200,000 ($100.77 / SF)
Buyer: 5790 CROWDER LLC
Elifin’s Notes: A Houston-based entity purchases the Crowder Retail Center in the West Lake Forest area.

2842, 2844 Magazine St, New Orleans, LA 70130
2842, 2844 Magazine St, New Orleans, LA 70130

Type: Mixed-Use
Price: $1,700,000 ($358.50 / SF)
Buyer: Logan, Thomas B; Logan, Jo L
Elifin’s Notes: This Magazine Street property has a main retail space and two apartments.

2701 Williams Blvd, Kenner, LA 70062
2701 Williams Blvd, Kenner, LA 70062

Type: Industrial
Price: $1,645,000 ($133.45 / SF)
Buyer: GODDESS COLLECTION INC
Elifin’s Notes: The Goddess Collection, a local herbal tea nourishment and divine body collection, purchases a showroom & warehouse property along Williams Boulevard.

2134, 2136 Poydras St, New Orleans, LA 70112
2134, 2136 Poydras St, New Orleans, LA 70112

Type: Industrial
Price: $500,000 ($83.33 / SF)
Buyer: RF DEVELOPMENT LLC
Elifin’s Notes: A local entity purchases an industrial warehouse at Poydras & South Galvez Streets.

2855, 2859 Danneel St, New Orleans, LA 70115
2855, 2859 Danneel St, New Orleans, LA 70115

Type: Mixed-Use
Price: $400,000 ($146.90 / SF)
Buyer: RAMOS CLEANING INC
Elifin’s Notes: Ramos Cleaning Inc purchases a mixed use property with a laundromat & three apartments at the corner of Danneel & Sixth Streets.

7919 Chef Menteur Hwy, New Orleans, LA 70126
7919 Chef Menteur Hwy, New Orleans, LA 70126

Type: Land
Price: $145,000 ($2.73 / Land SF)
Buyer: BASS DEXTER; CREIGHTON CAMERON E; CREIGHTON EDWIN JR
Elifin’s Notes: A 1.2+ acre parcel of commercial vacant land sells on Chef Menteur Highway.

3223 8th St, Metairie, LA 70002
3223 8th St, Metairie, LA 70002

Type: Office
Price: Withheld
Buyer: GMB PROPERTIES 8TH STREET LLC
Elifin’s Notes: A Gayle Benson-led entity purchases a raised construction three-story office building, with the first floor offering parking space.

1544, 1556 Tchoupitoulas St, New Orleans, LA 70130
1544, 1556 Tchoupitoulas St, New Orleans, LA 70130

Type: Land
Price: Withheld
Buyer: EUPHROSINE PROPERTIES L L C
Elifin’s Notes: Mardi Gras World’s Barry Kern purchases the 1.4+ acres of vacant land on the same block as the Mardi Gras World Annex near the River.


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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