The Pulse NOLA: Hilton property on Saint Charles sells for 47mm

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

Commercial Sales Recorded Last Week

333 St Charles Ave, New Orleans, LA 70130

Type: Hospitality
Price: $47,000,000 ($186,508 / Unit)
Buyer: HC GRAND LODGE HOTEL OWNER LLC
Elifin’s Notes: The Hilton Hotel property on Saint Charles Avenue sells.

300 Hord St, 6101 Beven St, New Orleans, LA 70121
300 Hord St, 6101 Beven St, New Orleans, LA 70121

Type: Industrial
Price: $1,862,500 ($44.79 / SF)
Buyer: HORD300 HOLDING LLC
Elifin’s Notes: An industrial warehouse with loading bays and multiple units sells in Elmwood.

2020 Airline Dr, Kenner, LA 70062
2020 Airline Dr, Kenner, LA 70062

Type: Retail
Price: $526,302 ($175.43 / SF)
Buyer: 2020 AIRLINE INVESTMENT LLC
Elifin’s Notes: Hamdan Sons Investments purchases the Jefferson Autoplex property at the corner of Williams Boulevard and Airline Drive.

2917 Harvard Ave, Metairie, LA 70006
2917 Harvard Ave, Metairie, LA 70006

Type: Retail
Price: $500,000 ($126.17 / SF)
Buyer: ROBAYLON LLC
Elifin’s Notes: Robaylon LLC acquires a bar property between Sanford Street and Trenton Street in Metairie.

3222 Roman St, Metairie, LA 70001
3222 Roman St, Metairie, LA 70001

Type: Office
Price: $339,500 ($212.19 / SF)
Buyer: KING COLE CONSTRUCTION LLC
Elifin’s Notes: A local business owner purchases an office property on Roman Street.

2541 Bayou Rd, Harvey, LA 70058
2541 Bayou Rd, Harvey, LA 70058

Type: Multifamily
Price: Withheld
Buyer: ORR BAYOU LLC
Elifin’s Notes: The Bayou Barataria RV Park sells in Harvey.

7816 Hayne Blvd, New Orleans, LA 70126
7816 Hayne Blvd, New Orleans, LA 70126

Type: Retail
Price: Withheld
Buyer: 7816 LINCOLN BEACH LLC
Elifin’s Notes: The Southern Oaks Reception Hall property sells on Hayne Boulevard.

3100, 3130 Loyola Dr, Kenner, LA 70065
3100, 3130 Loyola Dr, Kenner, LA 70065

Type: Retail
Price: Withheld
Buyer: KMHSHELL LLC
Elifin’s Notes: A two building strip center sells on Loyola Drive in Kenner.


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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