The Pulse NOLA: Fleurty Girl acquires new flagship location

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

This week’s Pulse NOLA commercial real estate snapshot reveals a dynamic Greater New Orleans market with multiple high-value transactions and major permit activity reflecting ongoing investment and development momentum. Among the recorded sales, marquee deals include a $5.3m retail sale on Jefferson Highway, a Aspen Dental-anchored retail portfolio on Veterans Boulevard, an 81-unit multifamily sale in Algiers, and a retail property acquired by Fleurty Girl for its new flagship location in Metairie, showcasing continued confidence from local and institutional buyers alike. Alongside these sales figures, the latest commercial permit roster highlights significant growth drivers, including new construction of a ±104,715 SF senior affordable housing complex valued at nearly $24m and a $12.8m mixed-use project on Magazine Street, underscoring robust development activity across sectors. ELIFIN® leverages proprietary data, expert market insights, and deep local expertise to contextualize these trends for investors, developers, and owners across Louisiana, reinforcing its reputation as the go-to resource for interpreting complex market movements.


Commercial Sales Recorded Last Week

4327 Jefferson Hwy, New Orleans, LA 70121
4327 Jefferson Hwy, New Orleans, LA 70121

Type: Retail
Price: $5,229,999 ($389.48 / SF)
Buyer: BC JEFFERSON LLC
Elifin’s Notes: A Walgreens property sells on Jefferson Highway.

2240 Veterans Blvd, Kenner, LA 70062
2240 Veterans Blvd, Kenner, LA 70062

Type: Retail
Price: $4,800,000 ($645.16 / SF)
Buyer: HARBOR INVESTMENTS OF METAIRIE LLC
Elifin’s Notes: An Aspen Dental anchored multi-unit retail property changes ownership on Veterans Memorial Boulevard.

3300 Preston Pl, New Orleans, LA 70131
3300 Preston Pl, New Orleans, LA 70131

Type: Multifamily
Price: $4,200,000 ($51,852 / Unit)
Buyer: SHREE KRISHNA PROPERTIES LLC
Elifin’s Notes: An 81-unit multifamily property changes ownership in Algiers.

507 Upstream St, River Ridge, LA 70123
507 Upstream St, River Ridge, LA 70123

Type: Healthcare
Price: $1,757,483 ($325.46 / SF)
Buyer: GATOR 25 LLC
Elifin’s Notes: A New Jersey-based realty property trust acquires a hospice property in River Ridge.

4511 Clearview Pkwy, Metairie, LA 70006
4511 Clearview Pkwy, Metairie, LA 70006

Type: Retail
Price: $1,700,000 ($583.59 / SF)
Buyer: MSMM REAL ESTATE LLC
Elifin’s Notes: A garden center property changes hands on Clearview Parkway.

3212 W Esplanade Ave N, Metairie, LA 70002
3212 W Esplanade Ave N, Metairie, LA 70002

Type: Retail
Price: $1,275,000 ($236.11 / SF)
Buyer: 3212 W ESPLANADE LLC
Elifin’s Notes: This property has been sold to Lauren Haydel, a New Orleans native and CEO and Founder of Fleurty Girl, as part of the popular boutique store’s further expansion into Metairie.

1427 St Mary St, New Orleans, LA 70130
1427 St Mary St, New Orleans, LA 70130

Type: Multifamily
Price: $1,150,000 ($191,667 / Unit)
Buyer: GORMAN, TERRI ELISA
Elifin’s Notes: A 6-unit multifamily property sells on Saint Mary Street.

1239 N Dupre St, New Orleans, LA 70119
1239 N Dupre St, New Orleans, LA 70119

Type: Multifamily
Price: $915,000 ($114,375 / Unit)
Buyer: ONZAGA PROPERTIES LLC
Elifin’s Notes: An 8-unit multifamily property changes ownership on North Dupre Street.

931 Westwood Dr, Marrero, LA 70072
931 Westwood Dr, Marrero, LA 70072

Type: Retail
Price: $850,000 ($91.86 / SF)
Buyer: H&M COLLECTION LLC
Elifin’s Notes: A retail strip center property changes ownership in Marrero.

1840, 1900 Hickory Ave, Harahan, LA 70123
1840, 1900 Hickory Ave, Harahan, LA 70123

Type: Multifamily
Price: $670,000 ($83,750 / Unit)
Buyer: BOB&MARY PROPERTIES LLC
Elifin’s Notes: A pair of quadruplexes sell on Hickory Avenue.

1656 Allen Toussaint Blvd, New Orleans, LA 70122
1656 Allen Toussaint Blvd, New Orleans, LA 70122

Type: Retail
Price: $600,000 ($235.85 / SF)
Buyer: ALVJ LLC
Elifin’s Notes: An automotive repair property changes ownership on Allen Toussaint Boulevard.

435 Sala Ave; 432 Ave A, Westwego, LA 70094
435 Sala Ave;
432 Ave A, Westwego, LA 70094

Type: Industrial
Price: $495,000 ($44.16 / SF)
Buyer: JEFFERSON PERFORMING ARTS SOCIETY
Elifin’s Notes: This property, listed as industrial, was home to Temento’s Dive Shop for many years and is fit for a variety of uses.

830 24th St, Kenner, LA 70062
830 24th St, Kenner, LA 70062

Type: Industrial
Price: $380,000 ($104.54 / SF)
Buyer: 13 STRIPES PROPERTIES LLC
Elifin’s Notes: An industrial property changes ownership in Kenner near the Airport.

2118 Florida Ave, Kenner, LA 70062
2118 Florida Ave, Kenner, LA 70062

Type: Industrial
Price: $325,240 ($69.38 / SF)
Buyer: JSWAMI KENNER LLC
Elifin’s Notes: A two-story industrial property with office and warehouse space sells in Kenner.

1735 St Charles Ave, New Orleans, LA 70130
1735 St Charles Ave, New Orleans, LA 70130

Type: Retail
Price: Withheld
Buyer: NEW ORLEANS SAINT CHARLES AVENUE LLC; SPI ONE LLC
Elifin’s Notes: An oil change property changes ownership on Saint Charles Avenue.

3737 Jefferson Hwy, Jefferson, LA 70121
3737 Jefferson Hwy, Jefferson, LA 70121

Type: Retail
Price: Withheld
Buyer: LB COMMERCIAL PROPERTIES LLC
Elifin’s Notes: A four-unit retail property changes hands along the Jefferson Highway in Jefferson.

2800 Manhattan Blvd, Harvey, LA 70058
2800 Manhattan Blvd, Harvey, LA 70058

Type: Retail
Price: Withheld
Buyer: 504 PROPERTIES LLC
Elifin’s Notes: A multi-unit retail property changes hands in Harvey.

2601 Jefferson Hwy, Jefferson, LA 70121
2601 Jefferson Hwy, Jefferson, LA 70121

Type: Retail
Price: Withheld
Buyer: NEW ORLEANS JEFFERSON HIGHWAY LLC
Elifin’s Notes: An oil change property sells on Jefferson Highway.

Tracts G-3-F-1, G-3-F-2, G-3-F-4 Segnette Blvd, Westwego, LA 70094
Tracts G-3-F-1, G-3-F-2, G-3-F-4 Segnette Blvd, Westwego, LA 70094

Type: Land
Price: Withheld
Buyer: MARENGO PROPERTY II LLC
Elifin’s Notes: A 58+ acre parcel of land sells off of the Westbank Expressway in Westwego.


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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