The Pulse NOLA: iHeart Media building sold in Downtown

03 Oct The Pulse NOLA: iHeart Media building sold in Downtown

Posted at 08:46h in Research, The Pulse, The Pulse: New Orleans by ELIFIN® 0 Comments

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

Commercial Sales Recorded Last Week

915, 929, 953 Howard Ave

Type: Specialty
Price: $3,579,500 ($201 / SF)
Buyer: NEW ORLEANS PROPERTY PARTNERS LLC
Elifin’s Notes: Florida-based investment group acquired the three-story 17,765 sq ft iHeart Media Building, constructed for the purpose of offices and radio production studio, sitting on a 0.76 acre lot with 60 parking spaces in the Central Business District area

7820 Maple St

Type: Office
Price: $866,000 ($163 / SF)
Buyer: MAPLE WORKS LLC
Elifin’s Notes: Local investor purchases a two-story 5,300 sq ft office building in the East Carrollton area

2737 Dreux Ave

Type: Specialty
Price: $310,000 ($110 / SF)
Buyer: KAZ ENTERPRISES LLC
Elifin’s Notes: Local investor acquires religious facility property with 2,814 sq ft of space in the Central City area

Commercial Permits Issued Last Week

Address	Type / Value	Description	Owner / Applicant / Contractor
3575 Baronne St	Mechanical Fuel Gas $3,922,987	1st floor- Install: 2 – Gas lines, 1 – additional outlet, 3 – gas +water heaters, 1 – Electric unit heater, 2 – electric duct heaters and 3 – #8 (unfired pressure vessels).	[O] Orleans Parish School Board [A] Charles A Visser [C]
741-747 St Charles Ave	Renovation (Structural) $3,900,000	Phase II-Interior build-out of 7-unit hotel with commercial lease space on ground floor to be built as per plans. Phase I permit:22-06494-RNVN; Pool permit 22-06881-POOL	[O] 747 St Charles Ave Investments LLC [A] Kirk Fabacher [C] Orleans Shoring LLC Development
3575 Baronne St	Electrical Service / Circuit / Feeder $2,944,655	Cut Out – Cut In from Entergy	[O] Orleans Parish School Board [A] J J Boudreaux J J Kirk J [C] J J Boudreaux J J Kirk J
6363 St Charles Ave	Renovation (Non-Structural) $1,893,460	Complete re-roof Versico 80 mil tpo Music Hall	[O] Loyola University [A] Michele Arauz Castillo [C]
1629 Washington Ave	Renovation (Non-Structural) $1,097,750	Interior Water Damage Repairs To Existing Historic Apartment Building. Scope of work is to repair and/or replace existing damaged areas, components, and finishes to new finished conditions. No change of use. No change of footprint or layout. No change in egress/exit arrangement. No change in occupant load or unit count. No exterior work. Repair and/or replace damaged gyp. board, bathroom fixtures, kitchen cabinets/countertops, appliances, electrical lighting fixtures/devices, flooring, fire walls/ceilings, doors, and repaint all. Work as per drawings attached.	[O] 1629 Washington LLC [A] Terrell Fabacher [C] CNC CONSTRUCTION & AIR CONDITIONING, L.L.C.
1040 Magazine St	Renovation (Non-Structural) $685,000	Interior demolition, installation of (2) new three story exit stairs. The only exterior work is the extension of one of the new stairs to the roof on the back middle of the building. New 3″ concrete topping slab on the first floor.	[O] The National World War II Museum Inc [A] Scott Evans [C]
5300 Pontchartrain Blvd	Renovation (Structural) $494,700	A 1,516 SF ADDITION AND CARPORT AT THE CARE AND CREMATION CENTER	[O] Cemetery Assn Metairie, Metairie Cemetery Assoc [A] Steven J Finegan Architects [C]
930 Poydras St Ste A	Renovation (Structural) $197,500	RENOVATE EXISTING VACANT RESTAURANT SPACE INTO A NEW RESTAURANT PER PLANS.	[O] Industrial Development Board [A] Steven J Finegan Architects [C]
3300 Bienville Ave, 233 N Rendon St Apt 2A, 233 N Rendon St Apt 2B	Renovation (Structural) $184,500	RENOVATION AND ADDITION TO AN EXISTING COMMERICAL STRUCTURE. 1ST FLOOR EXANPSION AT REAR OF COMMERICAL SUITE. NEW 2ND FLOOR ADDITION FOR 2 RESIDENTIAL APARTMENTS.	[O] Galvers LLC [A] Myles Martin [C]
9615 Chef Menteur Hwy	Mechanical HVAC $150,000	INSTALLING ALL NEW DUCT AND NEW AC EQUIPMENT	[O] Pandora Corp [A] Ragusa Brigham [C]
2216 Amelia St	Renovation (Non-Structural) $147,029	Sheetrock, Floors, Cabinets, and Bathrooms	[O] Quality Housing LLC [A] Clifton James [C] PRO RENOVATIONS LLC
12701 River Rd	New Construction $112,349	Building a new construction metal building for farm use/barn use.	[O] Timmy Ngoc Nguyen [A] Nguyen Timmy [C] Nguyen Timmy
1315 First St	Accessory Structure $107,603		[O] Lightning 97 Holdings LLC [A] John W Hausladen [C] Yazoo Restorations
939 Iberville St	Swimming Pool $100,000	Reinstallation of swimming pool that was installed without permits and had to be removed due to damages/repairs. Seeking permit to reinstall pool in exact same location.	[O] French Quarter Apartments Limited Partne Rship, French Quarter Apartments Limited Partne Rship [A] John C Williams [C]
4422 General Meyer Ave	Renovation (Non-Structural) $80,000	PROPOSED PROJECT IS TO INSTALL AN ADDITIONAL ANTENNA ARRAY AND ASSOCIATED GROUND EQUIPMENT TO AN EXISTING TELECOMMUNICATION TOWER.	[O] Orleans Parish School Board [A] Patrick Marshall & Associates [C] CMS Wireless LLC
833 Howard Ave	Renovation (Non-Structural) $80,000	Personal Cell Tower Equipment. Verizon equipment upgrade.	[O] Howard Real Estate LLC [A] Oakley Bernard [C] Network Installation Specialists LLC
1643 Josephine St	Renovation (Non-Structural) $76,775	Removal of existing shingle roofing ONLY down to the deck, nail deck, install ice & water underlayment on seams and synthetic felt on remainder, install Certainteed architectural shingles, drip edge, starter strip, 6 nails per shingle to miami dade code. 135 sqs	[O] Morguard Papillon LLC [A] Shieldtech Roofing Solutions LLC [C] Shieldtech Roofing Solutions LLC
2035 Gentilly Blvd	Renovation (Structural) $75,000	Renovation of existing exterior facade. No interior work in this scope.Includes electrical but no mechanical nor plumbing under this permit.	[O] Valle Philip T La [A] Christopher E Johnson, Architect LLC [C] Christopher E Johnson, Architect LLC
1124 S Carrollton Ave	Renovation (Non-Structural) $59,700	White box to nail salon.	[O] Connecting Express LLC [A] HH glow investment group Je Lee [C]
1470 Annunciation St Apt 3109	Renovation (Non-Structural) $42,232	Repair Sheetrock / Trim / Paint / Cabinets / Flooring damaged by hurricane Ida	[O] Saulet Apts LLC [A] Camp Construction Services [C] Camp Construction Services
6007 Bullard Ave	Mechanical HVAC $37,090	Install a 7.5 ton and a 17.5 ton gas rooftop unit. Install kitchen hood and grease duct.	[O] Schwegmann Family Trust #2, Schwegmann Family Trust # 2 [A] Lofton Fairchild, II [C] Douglas Cook Enterprises LLC
760 Magazine St	Renovation (Non-Structural) $35,000	Apply coating to common area courtyard only	[O] Robert L Doering, Michael J II Almerico, Deborah A Roesch, Rose A Guida-Citron, Frank Leone, Jason R Deleon, Thomas Coyle, James F Lyons, Sage L Theriot, John Joseph Barranco, Marylin Janet Fouche, Jeffery M Guidry, Leslie A Snipes, Crescent City Cor [A] Precision Construction Services, LLC. [C] Precision Construction Services, LLC.
1460 Annunciation St Apt 6112	Renovation (Non-Structural) $27,783	Repair sheetrock / trim / paint / cabinets damaged by hurricane Ida	[O] Saulet Apts LLC [A] Camp Construction Services [C] Camp Construction Services
2024 N Robertson St	Construction Loop $26,125	Temp Pole	[O] Anthony Jude Cerniglia [A] FREDERIC JOSEPH KLIEBERT, II [C] FREDERIC JOSEPH KLIEBERT, II
709 Jackson Ave	Renovation (Structural) $24,675	Replacing shingle roof with new shingle roof using Owens Corning Tru Definition duration Estate Gray shingles	[O] 709 Jackson Ave LLC [A] Don Schwander [C] Schwander Hutchinson Roofing, Inc.
2529 Jena St	Mechanical HVAC $21,700	HVAC	[O] Storybook Ventures LLC [A] Robert R. Naquin, Jr. [C]
13899 Paris Rd	Renovation (Non-Structural) $20,000	Adding a new carrier and their equipment to an existing cell tower. Base of tower will have elevated platform on concrete caisson. No changes to tower height or compound size.	[O] Lake Forest Inc [A] Mears Group Inc [C] Mears Group Inc
4807 Coliseum St	Permanent Generator $18,081	22-13736-ACCSProvide and install (1) 22 KW Honeywell Whole Home Generator. Provide and install transfer switch. Provide and install battery. Provide and install a Metal Stand. Provide and install High low Voltage Wiring. Provide and install a dedicated gas line. Provide and stand for all permits and inspections. System Start Up. Should you need a gas meter upgrade we will provide instructions on that process.	[O] Alan A Gerson [A] Higgins Michael Michael Patrick [C] Higgins Michael Michael Patrick
3902 Third St	Electrical Service / Circuit / Feeder $15,000	Install new wiring for house	[O] Nicholas Conner [A] Patrick Mel Thomas [C] Patrick Mel Thomas
2601 S Dorgenois St	Electrical Service / Circuit / Feeder $15,000	Install wiring in efficiency apartment	[O] Nicholas Conner [A] Patrick Mel Thomas [C] Patrick Mel Thomas
2620 Jena St	Electrical Repair / Replacement / Addition $15,000	Wire renovation according to drawings and specs provided utilizing MC cabling and conduit where necessary	[O] Happydocs LLC [A] Edward Leroy Dawson [C] Edward Leroy Dawson
5952 Magazine St	Electrical Repair / Replacement / Addition $13,875	Electrical wiring of a renovated building	[O] David L Pesses [A] Mark A. Bacques [C] Mark A. Bacques
7270 Read Blvd	Accessory Structure $13,000	New construction of a garage on lot with single family residence per plans. To be located a minimum of 3ft from property lines.	[O] Bobby J Smith [A] Smith Bobby [C]
1028 Kerlerec St Apt 1, 1028 Kerlerec St Apt 2, 1028 Kerlerec St Apt 3, 1030 Kerlerec St Apt 1, 1030 Kerlerec St Apt 2, 1030 Kerlerec St Apt 3	Renovation (Non-Structural) $12,960	Full Roof Replament to Archtectural Shingles	[O] Kerlerec Condos LLC, Jack Trinco, Joshua L Strickland, Christopher John Thompson, Bright Future Funding LLC, Gray Bert Clark Jr [A] Roof Repair Squad [C] Roof Repair Squad
25 French Market Pl Apt 301	Electrical Repair / Replacement / Addition $12,508	Upgrade wiring add devices and fixtures	[O] K & F Realty LLC [A] Mark A. Bacques [C] Mark A. Bacques
130 S Gayoso St	Permanent Generator $12,000	electrical for 24 kw generac generator	[O] My Ha Nguyen Le [A] Wayne Carter Sr. [C] Wayne Carter Sr.
130 S Gayoso St	Mechanical Fuel Gas $12,000	gas permit for 24 kw generac generator	[O] My Ha Nguyen Le [A] Wayne Carter Sr. [C]
1709 St Andrew St Apt 1C, 1C	Electrical Service / Circuit / Feeder $7,639	NEW ELECTRICAL SERVICE 100AMPS 12CKTS // RECONNECT // POWER // SERVICE	[O] Saint Andrew Baronne LLC [A] Brandon Augustus Francois [C] Brandon Augustus Francois
1709 St Andrew St Apt 2C, 2C	Electrical Service / Circuit / Feeder $7,639	NEW ELECTRICAL SERVICE 100AMPS 12CKTS // RECONNECT // POWER // SERVICE	[O] Saint Andrew Baronne LLC [A] Brandon Augustus Francois [C] Brandon Augustus Francois
1709 St Andrew St Apt 2D, 2D	Electrical Service / Circuit / Feeder $7,639	NEW ELECTRICAL SERVICE 100AMPS 12CKTS // RECONNECT // POWER // SERVICE	[O] Saint Andrew Baronne LLC [A] Brandon Augustus Francois [C] Brandon Augustus Francois
3618 Washington Ave	Mechanical HVAC $6,200	Install a 4Ton condenser unit , 4Ton gas furnace and 4Ton coil.	[O] Keoka C Leach [A] Smith Wandell [C]
908 Union St	Mechanical HVAC $5,950	Replace ductwork	[O] JN 470 LLC [A] Robert S Goodwin [C] Colmex Construction LLC
1024 Pine St	Electrical Service / Circuit / Feeder $5,900	INSTALL NEW 200AMP SERVICE // RECONNECT	[O] Roll Wave LLC [A] Brandon Augustus Francois [C] Brandon Augustus Francois
2402 Bay St	Construction Trailer $4,500	Certificate of Occupancy for a Temporary Construction Trailer for the duration of Gentilly Terrace Group C, Project No. RR053, (PW 20894)	[O] Pasadena Development Company Inc [A] Palmisano LLC [C] Impetus
3334 St Claude Ave	Electrical Service / Circuit / Feeder $4,200	Add circuits, re-route wiring, install light fixtures	[O] Baja Properties L L C [A] Nicholas Edward Caldwell [C] Nicholas Edward Caldwell
2815 Frenchmen St	Electrical Repair / Replacement / Addition $3,500	To remediate fire damage to the tasting room portion of the building. This will include replacing 6 circuits of MC cable, receptacles, light switches and light fixtures	[O] 2815 Frenchmen Street LLC [A] Timothy S OGrady [C] Timothy S OGrady
1307 S Rendon St	Electrical Service / Circuit / Feeder $2,680	New 100 amp Service 6 circuits	[O] Hoke Investments LLC [A] WILLIAM Floyd Schell III [C] WILLIAM Floyd Schell III
830 N Salcedo St	Electrical Repair / Replacement / Addition $2,500	Install electrical devices and light fixtures	[O] Willie Jean Galman [A] Patrick Mel Thomas [C] Patrick Mel Thomas
7313 Chef Menteur Hwy	Electrical Repair / Replacement / Addition $2,000	Emergency repairs – replacing damaged 3-phase, 240-volt 400-a underground main.	[O] JJC Nola LLC [A] Lawrence R Margiotta [C] Lawrence R Margiotta
1750 N Rampart St	Interior Demolition $1,250	interior demolition of a single family home in preparation for addition/renovation to become a commercial short term rental property. plans for new construction/renovation are attached which show interior demolition scope. HDLC will review the new construction/renovation plans. INTERIOR DEMO ONLY. NO USE OR OCCUPANCY. Renovation requires separate permit.	[O] Glenn L Delatte [A] Loretta Harmon [C]
9301 Lake Forest Blvd Ste 100	Renovation (Non-Structural) $1,000	Change in use (bar to restaurant) NO WORK will be done on this Permit.	[O] Wade T Verges [A] The Verdict Lounge & Restaurant LLC dba The Verdict [C]
2530 S Prieur St	Mechanical Fuel Gas $1,000	out over six months gas	[O] Gwenetta B Buggage [A] Kelly O Jazzmond [C]
2300 Louisiana Ave	Electrical Repair / Replacement / Addition $800	wire pool light and pump	[O] 2300 Pref LLC, The 2300 Louisiana Purchase LLC [A] Pierson Thurber Thurber Charles [C] Pierson Thurber Thurber Charles
3413 S Liberty St	Electrical Repair / Replacement / Addition $800	wire pool pump and light	[O] The 2300 Louisiana Purchase LLC [A] Pierson Thurber Thurber Charles [C] Pierson Thurber Thurber Charles
1130 N Prieur St Apt A	Mechanical Fuel Gas $750	GAS VACANCY	[O] R2h Bronze LLC [A] Damian Randolph [C]
5131 Bundy Rd Apt AA30	Electrical Vacancy $500	Vacancy	[O] RH Lakewind East LLC [A] Oscar L. Carter Jr. [C] Oscar L. Carter Jr.
1840 Baronne St Apt D	Electrical Vacancy $500	Vacancy	[O] NBC-USA Housing Inc Twenty-Six [A] Oscar L. Carter Jr. [C] Oscar L. Carter Jr.
3315 Chestnut St	Mechanical Fuel Gas $500	New Gas Line and water heater.	[O] Joseph L Ellis [A] Sylvester Carl Johnson [C]
9820 Lake Forest Blvd Ste 102	Renovation (Non-Structural) $500	Dance studio/ electrical vacancey	[O] Bjs LLC [A] Des Select Few Dance Company, LLC [C]
2300 Valence St Apt 202	Electrical Vacancy $450	VACANCY RECONNECT	[O] William D Betts [A] A. Cleveland A Francois Jr A [C] A. Cleveland A Francois Jr A
3212 Prytania St Apt 2A	Mechanical Fuel Gas $350	6 month gas test	[O] 3200 Prytania LLC [A] Dean Walters [C]
7520 W Laverne St	Electrical Vacancy $300	Six Month Vacancy Inspection to Reconnect Power	[O] Keisha A Washington [A] Roderick D. Sanders [C] Roderick D. Sanders
3025 Elysian Fields Ave	Electrical Sign $200	connect signs	[O] Capital Real Property System [A] James C Pizzolato [C]
3211 Belfort St Apt 201	Electrical Service / Circuit / Feeder N/A	Re-wire rough-in and trim-out of two apartments	[O] Remahn Farley [A] John Henry Harvey, III [C] John Henry Harvey, III
3211 Belfort St Apt 101	Electrical Service / Circuit / Feeder N/A	Re-wire rough-in and trim-out two apartments	[O] Remahn Farley [A] John Henry Harvey, III [C] John Henry Harvey, III
500 Lake Marina Ave Unit 427	Electrical Vacancy N/A	SIX MONTH VACANCY PERMIT NEEDED	[O] Michael R Federico, Janice N Leblanc, James J Stent, Charles P Swindell, Helen R Thibodeaux, Jared L Ard, James P Stewart, David G Tibbetts, Hugel Dieter M Jr, Tess Sweatman, Vicky D Thomas, Carroll M Chiasson, Burzis R Kanga, Peter Jr Ingrassia, Jam [A] Lawrence L. (Ras) Jordan [C] Lawrence L. (Ras) Jordan
1725 St Andrew St A-P	Change of Address N/A	multi-family development Townhomes A-P ADD (LOTs 16-A through 16-P) as addresses: 1725A St Andrew St, 1725B St Andrew St, 1725C St Andrew St 1725D St Andrew St, 1725E St Andrew St, 1725F St Andrew St 1725G St Andrew St, 1725H St Andrew St, 1725I St Andrew St 1725J St Andrew St, 1725K St Andrew St, 1725L St Andrew St 1725M St Andrew St, 1725N St Andrew St, 1725O St Andrew St 1725P St Andrew St RETIRE 1721 St Andrew St, 1729 St Andrew St, and 1735 ST Andrew ST	[O] [A] NCRC-St. Andrews, LLC Vann Joines [C]
9820 Lake Forest Blvd Ste 102	Electrical Vacancy N/A	Six month vacancy	[O] Bjs LLC [A] Christopher Kevin Evans [C] Christopher Kevin Evans
3667 Tchoupitoulas St, 3669 Tchoupitoulas St, 3667 Tchoupitoulas St Apt 2A, 3667 Tchoupitoulas St Apt 2B	Change of Address N/A	22-26784-NEWC Mixed Use KEEP 3669 Tchoupitoulas St ADD 3667 Tchoupitoulas St Apt 2A ADD 3667 Tchoupitoulas St Apt 2B	[O] 3667-3669 Tchoupitoulas Street LLC [A] 3667-3669 Tchoupitoulas Street LLC [C]
1215 Louisa St	Mechanical HVAC N/A	Replace furnace and condenser.	[O] Ada A Phleger [A] Jorge Fernandez [C] Jorge Fernandez
3232 Grand Route St John St, 3234 Grand Route St John St, 3232 Grand Route St John St Apt 1A, 3232 Grand Route St John St Apt 1B, 3232 Grand Route St John St Apt 1C, 3232 Grand Route St John St Apt 2A	Change of Address N/A	22-20672-RNVN Multi-Family CHANGE 3232 Grand Route St John St Apt A to 3232 Grand Route St John St Apt 1A (AM10693977, U490263) CHANGE 3234 Grand Route St John St Apt A to 3232 Grand Route St John St Apt 1B (AM10692553, U490259) CHANGE 3232 Grand Route St John St Apt C to 3232 Grand Route St John St Apt 1C (AM10692556) CHANGE 3234 Grand Route St John St Apt B to 3232 Grand Route St John St Apt 2A (AM10693978, U490249) RETIRE 3232 Grand Route St John St Apt B (AM10692554, U490264)	[O] Gloria A Rodriguez [A] Gloria A Rodriguez [C]
4790 Freret St	Small Cell Installation N/A	Verizon will be collocating on an existing utility pole. The pole will be replaced with a slightly taller pole. The height will not exceed the height of the surrounding existing poles.	[O] [A] Verizon Wireless (Susan Bourgeois) (Susan Bourgeois) [C]
3871 Gentilly Blvd -Ste 201	Change of Address N/A	CHANGE 3869 Gentilly Blvd Ste A to 3871 Gentilly Blvd Ste 101 (AM10124370) CHANGE 3869 Gentilly Blvd Ste B to 3871 Gentilly Blvd Ste 201 (AM11977033) CHANGE 3869 Gentilly Blvd Ste C to 3871 Gentilly Blvd Ste 102 (AM11977034) ADD 3871 Gentilly Blvd Ste 103 (AM11977031)	[O] First Bank and Trust [A] Yung Ching Lau [C]
5415-5417 Magazine St	Change of Address N/A	One Commercial space, retire secondary address RETIRE 5417 Magazine St KEEP 5415 Magazine St (AM1719275, A141235)	[O] 5415 Magazine Street LLC [A] 5415 Magazine Street LLC [C]
3715 Prytania St	Electrical Repair / Replacement / Addition N/A	Connect sign to circuit	[O] Alun R Jenny Zhou Wang, Touro Infirmary, Prytania Medical 390 LLC [A] Casper Phillip Gelbke III [C] Casper Phillip Gelbke III
1300 Canal St	Electrical Repair / Replacement / Addition N/A	Connect sign to electrical circuit	[O] Propertiesinc Khan, Dof V New Orleans LLC [A] Casper Phillip Gelbke III [C] Casper Phillip Gelbke III
701 Poydras St	Electrical Repair / Replacement / Addition N/A	Connect to electrical sign circuit	[O] CW Nola Properties LLC C/O Hub Properties Trust, CW Nola Properties LLC [A] Casper Phillip Gelbke III [C] Casper Phillip Gelbke III
4200 Washington Ave	Electrical Repair / Replacement / Addition N/A	Connect to electrical sign circuit	[O] Primary Enterprises LLC [A] Casper Phillip Gelbke III [C] Casper Phillip Gelbke III
200 Henry Clay Ave	Electrical Repair / Replacement / Addition N/A	Connect to electrical sign circuit	[O] Children’s Hospital [A] Casper Phillip Gelbke III [C] Casper Phillip Gelbke III
2601 Royal St	Electrical Repair / Replacement / Addition N/A		[O] Royal Franklin LLC [A] Casper Phillip Gelbke III [C] Casper Phillip Gelbke III
1244 Magazine St, 1037 Thalia St	Change of Address N/A	22-27220-RNVS One business, one address RETIRE 1037 Thalia St KEEP 1244 Magazine St	[O] Suma Maddox LLC [A] Suma Maddox LLC [C]

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.

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