The Pulse NOLA: Jefferson Parish Council buys retail property

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

Commercial Sales Recorded Last Week

3411 S Carrollton Ave, New Orleans, LA 70118
3411 S Carrollton Ave, New Orleans, LA 70118

Type: Retail
Price: $5,000,000 ($650.28 / SF)
Buyer: RBC CAPITAL ENCORE LLC
Elifin’s Notes: RBC Capital Encore LLC acquires a convenience store/gas station property with multiple tenants at the corner of South Carrollton Avenue and Olive Street.

900 Bridge City Ave, Bridge City, LA 70094
900 Bridge City Ave, Bridge City, LA 70094

Type: Retail
Price: $2,500,000 ($262.16 / SF)
Buyer: RBC CAPITAL ENCORE 900 BRIDGE CITY LLC
Elifin’s Notes: A retail convenience store/gas station sells in the Bridge City area.

246 St George Ave, New Orleans, LA 70123
246 St George Ave, New Orleans, LA 70123

Type: Industrial
Price: $2,300,000 ($45.10 / SF)
Buyer: COMMERCIAL WASTE RECYCLING LLC
Elifin’s Notes: Commercial Waste Recycling LLC acquires their location within an industrial property near the Huey P Long Bridge.

3133 Edenborn Ave, Metairie, LA 70002
3133 Edenborn Ave, Metairie, LA 70002

Type: Retail
Price: $815,000 ($110.18 / SF)
Buyer: JEFFERSON PARISH COUNCIL
Elifin’s Notes: The Jefferson Parish Council acquires a multi-tenant retail property on Edenborn Avenue.

100 Powerline Dr, Harahan, LA 70123
100 Powerline Dr, Harahan, LA 70123

Type: Land
Price: $450,000 ($10.37 / Land SF)
Buyer: POWERLINE DRIVE SELF STORAGE LLC
Elifin’s Notes: A 1 acre parcel of land sells in the Elmwood area.

517 Time Saver Ave, Harahan, LA 70123
517 Time Saver Ave, Harahan, LA 70123

Type: Industrial
Price: $440,200 ($79.40 / SF)
Buyer: GALVANIZED RE LLC
Elifin’s Notes: An industrial property sells within Elmwood.

1809, 1813 Commercial Dr, Harvey, LA 70058
1809, 1813 Commercial Dr, Harvey, LA 70058

Type: Industrial
Price: $420,000 ($45.65 / SF)
Buyer: L YOUNG PROPERTIES LLC
Elifin’s Notes: An industrial property sells in Harvey.

2060 Paxton St, Harvey, LA 70058
2060 Paxton St, Harvey, LA 70058

Type: Industrial
Price: $390,000 ($97.50 / SF)
Buyer: REAL CHURCH NOLA
Elifin’s Notes: An industrial property with office and warehouse space sells on Paxton Street.

4315 Williams Blvd, Kenner, LA 70065
4315 Williams Blvd, Kenner, LA 70065

Type: Office
Price: $240,000 ($200.00 / SF)
Buyer: GNO PROPERTIES&INVESTMENTS LLC
Elifin’s Notes: An office live-work property sells in Kenner.

11 Hickory Ave, Harahan, LA 70123
11 Hickory Ave, Harahan, LA 70123

Type: Office
Price: $200,000 ($101.37 / SF)
Buyer: KITTOK RICHARD D
Elifin’s Notes: A local investor adds to his collection of office properties along Hickory Avenue.

529 Central Ave, New Orleans, LA 70121
529 Central Ave, New Orleans, LA 70121

Type: Multifamily
Price: Withheld
Buyer: BERGERON PROPERTY HOLDINGS LLC
Elifin’s Notes: Bergeron Property Holdings LLC acquires a 10-unit multifamily property on Central Avenue in Jefferson.

2129 General Meyer Ave, New Orleans, LA 70114
2129 General Meyer Ave, New Orleans, LA 70114

Type: Specialty
Price: Withheld
Buyer: POWELL TERRY
Elifin’s Notes: A religious facility property sells on General Meyer Avenue.


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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