The Pulse NOLA: Former Perino’s Seafood property sells

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

Commercial Sales Recorded Last Week

112 Glenn St, Metairie, LA 70005
112 Glenn St, Metairie, LA 70005

Type: Multifamily
Price: $1,240,000 ($103,333 / Unit)
Buyer: PREMIUM RENTALS LLC
Elifin’s Notes: Premium Rentals acquires a 12-unit apartment complex, with eight 1BR/1BA units and four 2BR/1BA units, on Glenn Street.

614, 616 Julia St, New Orleans, LA 70130
614, 616 Julia St, New Orleans, LA 70130

Type: Mixed-Use
Price: $1,000,000 ($219.20 / SF)
Buyer: LOUISE AND ANNE LLC
Elifin’s Notes: A mixed-use property, featuring an art gallery on the first floor and apartments above, changes hands in the Warehouse District.

6850 Westbank Expy, Marrero, LA 70072
6850 Westbank Expy, Marrero, LA 70072

Type: Retail
Price: $825,000 ($84.18 / SF)
Buyer: AZ&PA LLC ; PA&AZ LLC
Elifin’s Notes: The former Perino’s Seafood property sells along the Westbank Expressway.

321, 325 S Bengal Rd, Metairie, LA 70003
321, 325 S Bengal Rd, Metairie, LA 70003

Type: Multifamily
Price: $568,400 ($35,525 / Unit)
Buyer: BAMM REI LLC
Elifin’s Notes: A 16-unit multifamily property changes ownership in River Ridge.

424 Realty Dr, Gretna, LA 70056
424 Realty Dr, Gretna, LA 70056

Type: Office
Price: $468,000 ($130.00 / SF)
Buyer: HALAL EQUITIES LLC
Elifin’s Notes: An office property changes ownership in Gretna.

1030 Ave D, Westwego, LA 70094
1030 Ave D, Westwego, LA 70094

Type: Retail
Price: $400,000 ($378.79 / SF)
Buyer: HTSKLO LLC
Elifin’s Notes: A Smoothie King property sells at the corner of Avenue D and the Westbank Expressway.

6600 Old Gentilly Rd, New Orleans, LA 70126
6600 Old Gentilly Rd, New Orleans, LA 70126

Type: Industrial
Price: $380,000 ($23.75 / SF)
Buyer: 6600 Old Gentilly Road LLC
Elifin’s Notes: An industrial warehouse property sells on Old Gentilly Road.

3139 46th St, Metairie, LA 70001
3139 46th St, Metairie, LA 70001

Type: Retail
Price: $378,000 ($533.90 / SF)
Buyer: LANDSCAPE ORLEANS LLC
Elifin’s Notes: A used auto dealer property changes hands in Metairie.

3249 Chippewa St, New Orleans, LA 70115
3249 Chippewa St, New Orleans, LA 70115

Type: Industrial
Price: $315,000 ($132.02 / SF)
Buyer: ROLLING ELVI INC
Elifin’s Notes: A light industrial property sells near Louisiana Avenue in the Irish Channel.

1133 Hwy 90, Westwego, LA 70094
1133 Hwy 90, Westwego, LA 70094

Type: Industrial
Price: $237,133 ($44.74 / SF)
Buyer: GX PROPERTY LLC
Elifin’s Notes: An industrial warehouse property sells in Bridge City.

4350 Stemway Dr, New Orleans, LA 70126
4350 Stemway Dr, New Orleans, LA 70126

Type: Retail
Price: Withheld
Buyer: 4350 STEMWAY DR LLC
Elifin’s Notes: A retail property sells off of Chef Menteur Highway.


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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