The Pulse NOLA: Langenstein’s grocery property in Uptown sold

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

Commercial Sales Recorded Last Week

2800 Veterans Blvd, Metairie, LA 70002
2800 Veterans Blvd, Metairie, LA 70002

Type: Office
Price: $9,300,000 ($95.89 / SF)
Buyer: ROBCO LLC
Elifin’s Notes: A three-story office property along with its parking garage changes ownership on Veterans Boulevard in Metairie.

8814 Veterans Memorial Blvd, Metairie, LA 70003
8814 Veterans Memorial Blvd, Metairie, LA 70003

Type: Retail
Price: $5,900,000 ($180.24 / SF)
Buyer: VLN DEVELOPERS LLC
Elifin’s Notes: VLN Developers LLC acquires a retail strip center property on Veterans Memorial Boulevard.

2538 Poydras St, New Orleans, LA 70119
2538 Poydras St, New Orleans, LA 70119

Type: Industrial
Price: $2,100,000 ($70.00 / SF)
Buyer: BAKER MAID PRODUCTS, INC
Elifin’s Notes: Baker Maid Products, Inc acquires an industrial property on Poydras Street.

5328, 5300, 5332 Franklin Ave;
2549, 2553 Dreux Ave, New Orleans, LA 70122
5328, 5300, 5332 Franklin Ave;
2549, 2553 Dreux Ave, New Orleans, LA 70122

Type: Land
Price: $755,000 ($22.22 / Land SF)
Buyer: Millennium Mortgage Group, Inc
Elifin’s Notes: Millennium Mortgage Group, Inc acquires five parcels of commercial land on Franklin Avenue.

1400 Fulton Street, Kenner, LA 70062
1400 Fulton Street, Kenner, LA 70062

Type: Industrial
Price: $250,000 ($41.67 / SF)
Buyer: JEFFERSON CAPITAL LLC
Elifin’s Notes: An industrial property sells near the Airport in Kenner.

1525 Lapalco Blvd  (Unit 17), Harvey, LA 70058
1525 Lapalco Blvd (Unit 17), Harvey, LA 70058

Type: Retail
Price: $116,000 ($135.67 / SF)
Buyer: HVT INVESTMENT LLC
Elifin’s Notes: HVT Investment LLC purchases a retail condo unit property on Lapalco Boulevard.

3720 Robertson St, Metairie, LA 70001
3720 Robertson St, Metairie, LA 70001

Type: Industrial
Price: Withheld
Buyer: 3720 ROBERTSON STREET LLC
Elifin’s Notes: An industrial property changes ownership on Robertson Street in Metairie.

1330 Arabella St, New Orleans, LA 70115
1330 Arabella St, New Orleans, LA 70115

Type: Retail
Price: Withheld
Buyer: RCR ARABELLA VENTURE, LLC
Elifin’s Notes: Langenstein’s, a historic grocery store, sells, including the main store, parking lot and warehouse.


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
No Comments

Post A Comment