The Pulse NOLA: Daycare purchases 3 adjacent buildings along Tulane

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

Commercial Sales Recorded Last Week

2907, 2909 Tulane Avenue, New Orleans, LA 70119
2907, 2909 Tulane Avenue, New Orleans, LA 70119

Type: Retail
Price: $874,000 ($295.47 / SF)
Buyer: KIDS KINGDOM ACADEMY & DAYCARE LLC
Elifin’s Notes: In one of their two purchases last week, Kid’s Kingdom Academy & Daycare purchases their location along Tulane Avenue

1000 Bourbon Street, New Orleans, LA 70116
1000 Bourbon Street, New Orleans, LA 70116

Type: Office
Price: $699,000 ($522.81 / SF)
Buyer: 1000 BOURBON LLC
Elifin’s Notes: A commercial condominium unit changes hands in the French Quarter at the corner of Bourbon and Saint Phillip Streets

3959 Elysian Fields Avenue, New Orleans, LA 70122
3959 Elysian Fields Avenue, New Orleans, LA 70122

Type: Office
Price: $390,000 ($128.97 / SF)
Buyer: GENTILLY RIDGE INVESTMENT PROPERTIES LLC
Elifin’s Notes: A property near Dillard University, zoned for certain commercial uses, sells

3525 Prytania St (Unit 308), New Orleans, LA 70115
3525 Prytania St (Unit 308), New Orleans, LA 70115

Type: Office
Price: $350,000 ($132.58 / SF)
Buyer: DELRICHT PRYTANIA SUITE 308 LLC
Elifin’s Notes: An office condominium unit changes hands within the Touro Medical Office building

520 Williams Boulevard, Kenner, LA 70062
520 Williams Boulevard, Kenner, LA 70062

Type: Land
Price: $325,000 ($19.25 / Land SF)
Buyer: INTO ACTION DGD LLC
Elifin’s Notes: Local investor purchases 0.3+ acres of vacant land at the corner of Williams Boulevard & Kenner Avenue

2913 Tulane Avenue, New Orleans, LA 70119
2913 Tulane Avenue, New Orleans, LA 70119

Type: Retail
Price: $300,000 ($82.99 / SF)
Buyer: KIDS KINGDOM ACADEMY & DAYCARE LLC
Elifin’s Notes: In one of their two purchases last week, Kid’s Kingdom Academy & Daycare purchases the street-level retail property next door to their location along Tulane Avenue

3.58 acres Barataria Boulevard, Marrero, LA 70072
3.58 acres Barataria Boulevard, Marrero, LA 70072

Type: Land
Price: $300,000 ($1.92 / Land SF)
Buyer: KMHSHELL LLC
Elifin’s Notes: A collection of local investors purchase 3+ acres in Marrero

1020 Industry Road, Kenner, LA 70062
1020 Industry Road, Kenner, LA 70062

Type: Industrial
Price: Withheld
Buyer: FIP MASTER FUNDING XXIV LLC
Elifin’s Notes: An industrial property with office and warehouse space sells just South of the Airport in Kenner

3751 Barataria Boulevard, Marrero, LA 70072
3751 Barataria Boulevard, Marrero, LA 70072

Type: Retail
Price: Withheld
Buyer: KMHSHELL LLC
Elifin’s Notes: A collection of local investors purchase the retail gas station/convenience store at the corner of Barataria Boulevard and Dolores Drive in Marrero


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
No Comments

Post A Comment