The Pulse NOLA: Former OnPath Federal Credit Union properties sell

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

Commercial Sales Recorded Last Week

5508 Citrus Blvd, New Orleans, LA 70123
5508 Citrus Blvd, New Orleans, LA 70123

Type: Office
Price: $5,870,000 ($233.44 / SF)
Buyer: FNLR OFCU LLC
Elifin’s Notes: Fortress Investment Group purchases this former OnPath Federal Credit Union location.

1554 Westbank Expy, Westwego, LA 70094
1554 Westbank Expy, Westwego, LA 70094

Type: Office
Price: $3,020,000 ($431.43 / SF)
Buyer: FNLR OFCU LLC
Elifin’s Notes: Fortress Investment Group purchases this former OnPath Federal Credit Union location.

2221 Clearview Pkwy, Metairie, LA 70001
2221 Clearview Pkwy, Metairie, LA 70001

Type: Office
Price: $1,400,000 ($161.20 / SF)
Buyer: RETINA EXCELLENCE ACQUISITION
Elifin’s Notes: A two-story office building sells near the intersection of Clearview Parkway and West Napoleon Avenue.

2100 Burgundy St, New Orleans, LA 70116

Type: Land
Price: $350,000 ($65.64 / Land SF)
Buyer: KAYAK CHLOE LLC
Elifin’s Notes: A vacant tract of land sells at the corner of Burgundy Street and Frenchmen Street in the Marigny.

3220 Pine St, New Orleans, LA 70125
3220 Pine St, New Orleans, LA 70125

Type: Retail
Price: $165,500 ($87.34 / SF)
Buyer: ANTIGUA FLORAL & STYLING LLC
Elifin’s Notes: Antigua Floral, a local flower shop, purchases their location in Gert Town.


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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