The Pulse NOLA: Famous Uptown Pascal’s Manale Restaurant sells

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

Commercial Sales Recorded Last Week

15200 Chef Menteur Hwy
15200 Chef Menteur Hwy

Type: Retail
Price: $1,685,000 ($210 / SF)
Buyer: TEJANI HOLDINGS LOUISIANA LLC
Elifin’s Notes: Vinton, Louisiana-based investors purchase a two building property home to the former Jubilee Casino and a separate building with a Truck Stop/Gas Station/Restaurant in the Venetian Isles area

201 N Wilson St
201 N Wilson St

Type: Industrial
Price: $710,000 ($118 / SF)
Buyer: MEDINAS PROPERTIES INC
Elifin’s Notes: Warehouse property sells in Metairie along the northside of Airline Highway

8014 Panola St
8014 Panola St

Type: Multifamily
Price: $635,000 ($105,833 / Unit)
Buyer: NEW RAMPART LLC
Elifin’s Notes: Local investors purchase a six-unit, 8BR/6BA in total, in the East Carrollton area

200 Harbor Cir
200 Harbor Cir

Type: Industrial
Price: $515,000 ($42 / SF)
Buyer: 200 HARBOR CIRCLE LLC
Elifin’s Notes: Local investor purchases Industrial property in the Pines Village area

5125 Taravella Rd
5125 Taravella Rd

Type: Industrial
Price: $450,000 ($38 / SF)
Buyer: ATA PROPERTY MANAGEMENT LLC
Elifin’s Notes: Local investor purchases Industrial building in the Belle Terre Park area in Marrero

2009 Conti St
2009 Conti St

Type: Multifamily
Price: $450,000 ($75,000 / Unit)
Buyer: SUMMIT REAL ESTATE INVESTMENTS LLC
Elifin’s Notes: Local investors purchase a six-unit Multi-family property in the Tulane/Gravier area

9217 Jefferson Hwy
9217 Jefferson Hwy

Type: Office
Price: $345,000 ($186 / SF)
Buyer: 9217 JEFFERSON HWY LLC
Elifin’s Notes: Local investors purchase Office property in the Upstream area of River Ridge

956 Hickory Ave
956 Hickory Ave

Type: Industrial
Price: $300,000 ($126 / SF)
Buyer: C&B UNLIMITED LLC
Elifin’s Notes: Local investor purchases Industrial building in Harahan

2717 N Miro St
2717 N Miro St

Type: Industrial
Price: $250,000 ($25 / SF)
Buyer: COLORFUL PROPERTIES L L C
Elifin’s Notes: Local investor purchases an Industrial-Warehouse property in the St. Roch area

4241 Toulouse St
4241 Toulouse St

Type: Industrial
Price: $200,000 ($79 / SF)
Buyer: 4241 TOULOUSE LLC
Elifin’s Notes: Local investors purchase an Industrial-Warehouse south of City Park

1830 Napoleon Ave
1830 Napoleon Ave

Type: Retail
Price: Withheld
Buyer: PASCALS NAPOLEON PROPERTIES LLC
Elifin’s Notes: Dickie Brennan Restaurant Group purchases the famous Pascal’s Manale Restaurant in the Uptown area


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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