The Pulse NOLA: LSU Board of Supervisors purchases Anita’s Grill property

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

Commercial Sales Recorded Last Week

4330, 4338 St Charles Ave, New Orleans, LA 70115
4330, 4338 St Charles Ave, New Orleans, LA 70115

Type: Retail
Price: $8,500,000 ($822.37 / SF)
Buyer: BP Louisiana Property LLC
Elifin’s Notes: The Fat Harry’s & Superior Seafood properties sell for 8.5mm.

2114, 2118, 2122 Tulane Ave, New Orleans, LA 70112
2114, 2118, 2122 Tulane Ave, New Orleans, LA 70112

Type: Retail
Price: $1,105,000 ($718.47 / SF)
Buyer: BOARD OF SUPERVISORS OF LOUISIANA STATE UNIVERSITY AND AGRICULTURAL AND MECHANICAL COLLEGE
Elifin’s Notes: The LSU Board of Supervisors purchases Anita’s Grill on Tulane Avenue, a property sitting on 0.2+ acres of land.

609, 613 Farmington Pl, Terrytown, LA 70056
609, 613 Farmington Pl, Terrytown, LA 70056

Type: Multifamily
Price: $740,000 ($92,500 / Unit)
Buyer: TRAN INC
Elifin’s Notes: A pair of fourplexes, totaling 8-units, sells in Terrytown.

3141 General Meyer Ave; 1417 Odeon St, New Orleans, LA 70114
3141 General Meyer Ave; 1417 Odeon St, New Orleans, LA 70114

Type: Retail
Price: $700,000 ($78.42 / SF)
Buyer: General Meyer LLC
Elifin’s Notes: This is one of two adjacent retail properties purchased by General Meyer LLC this past week.

3137 General Meyer Ave, New Orleans, LA 70114
3137 General Meyer Ave, New Orleans, LA 70114

Type: Retail
Price: $700,000 ($154.32 / SF)
Buyer: General Meyer LLC
Elifin’s Notes: This is one of two adjacent retail properties purchased by General Meyer LLC this past week.

8525, 8527 Hickory St, New Orleans, LA 70118
8525, 8527 Hickory St, New Orleans, LA 70118

Type: Multifamily
Price: $527,500 ($105,500 / Unit)
Buyer: ANGELICO PROPERTY GROUP LLC
Elifin’s Notes: A 5-unit multifamily property on Hickory Street sells to the Angelico Property Group.

1506 29th St, Kenner, LA 70062
1506 29th St, Kenner, LA 70062

Type: Industrial
Price: $380,000 ($113.33 / SF)
Buyer: FUENTES INVESTMENTS LLC
Elifin’s Notes: Fuentes Investments LLC has acquired an industrial property on 29th Street, just North of the Airport.

8303 Willow St, New Orleans, LA 70118
8303 Willow St, New Orleans, LA 70118

Type: Office
Price: $275,000 ($78.55 / SF)
Buyer: HUYNH QUANG K
Elifin’s Notes: An office property sells at the intersection of Willow Street and Dante Street.

1119 Saint Mary St (Unit A), New Orleans, LA 70130
1119 Saint Mary St (Unit A), New Orleans, LA 70130

Type: Retail
Price: $260,000 ($351.35 / SF)
Buyer: STUDIO BKA LLC
Elifin’s Notes: A retail condominium unit sells on Saint Mary Street near Sophie Wright Place.

1717 S Hullen St, Metairie, LA 70001
1717 S Hullen St, Metairie, LA 70001

Type: Industrial
Price: $245,107 ($130.65 / SF)
Buyer: MARRONE, APRYL
Elifin’s Notes: An industrial warehouse property sells in Metairie.

4104 Tchoupitoulas St, New Orleans, LA 70115
4104 Tchoupitoulas St, New Orleans, LA 70115

Type: Office
Price: Withheld
Buyer: 4104 HOTEL LLC
Elifin’s Notes: An office building with warehouse sells near Port Orleans Brewing Company.


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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