The Pulse NOLA: Le Pavilion luxury hotel sells

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

Commercial Sales Recorded Last Week

3701 Hwy 90, Avondale, LA 70094
3701 Hwy 90, Avondale, LA 70094

Type: Self-Storage
Price: $5,100,000 ($35,915 / Unit)
Buyer: 3701 US 90 PROPERTY OWNER LLC
Elifin’s Notes: A self-storage property changes hands adjacent to Snow Hilton Park on Highway 90 in Avondale.

247 W Harrison Ave, New Orleans, LA 70124
247 W Harrison Ave, New Orleans, LA 70124

Type: Retail
Price: $1,450,000 ($327.31 / SF)
Buyer: 247 W. HARRISON AVE., LLC
Elifin’s Notes: A convenience store/gas station property with space for auto maintenance and repair sells on West Harrison Avenue.

6025 River Rd, Marrero, LA 70072
6025 River Rd, Marrero, LA 70072

Type: Industrial
Price: $750,000 ($3.02 / SF)
Buyer: AMES FARMS PROPERTIES LLC
Elifin’s Notes: An industrial building, part of a larger industrial facility, changes hands on River Road in Marrero.

6549 4th St, Marrero, LA 70072
6549 4th St, Marrero, LA 70072

Type: Industrial
Price: $660,000 ($38.24 / SF)
Buyer: ARMANDS FOOD LLC
Elifin’s Notes: An industrial property changes hands on 4th Street in Marrero.

833 Poydras St, New Orleans, LA 70112
833 Poydras St, New Orleans, LA 70112

Type: Hospitality
Price: Withheld
Buyer: 833 POYDRAS ST PRIME PROPERTY LLC
Elifin’s Notes: The 226-room Le Pavilion luxury hotel sells to a Harvey-based investor.

5624 Citrus Blvd; 1533 Edwards Ave, New Orleans, LA 70123
5624 Citrus Blvd;
1533 Edwards Ave, New Orleans, LA 70123

Type: Industrial
Price: Withheld
Buyer: PUNEKY FAMILY HOLDINGS LLC
Elifin’s Notes: An industrial property with office, warehouse, and distribution space sells in Elmwood.


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