The Pulse NOLA: LSU Board of Supervisors purchases land

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

Commercial Sales Recorded Last Week

2104-2132 Tulane Ave; 417 S Johnson St; 420-528 S Galvez St; 2109, 2111 Gravier St, New Orleans, LA 70112
2104-2132 Tulane Ave; 417 S Johnson St; 420-528 S Galvez St; 2109, 2111 Gravier St, New Orleans, LA 70112

Type: Land
Price: $3,062,000 ($75.25 / Land SF)
Buyer: BOARD OF SUPERVISORS OF LOUISIANA STATE UNIVERSITY
Elifin’s Notes: The LSU Board of Supervisors purchases 0.9+ acres of land, across 8 different parcels in the Tulane Avenue Medical Corridor.

Lot 2-A-1-B Behrman Hwy, New Orleans, LA 70114
Lot 2-A-1-B Behrman Hwy, New Orleans, LA 70114

Type: Land
Price: $899,500 ($20.00 / Land SF)
Buyer: CFT NV DEVELOPMENTS LLC
Elifin’s Notes: A 1+ acre Walmart outparcel sells along the Behrman Highway.

3631 Canal St, New Orleans, LA 70119
3631 Canal St, New Orleans, LA 70119

Type: Office
Price: $800,000 ($235.64 / SF)
Buyer: PHD PROPERTY HOLDINGS L L C
Elifin’s Notes: A dwelling turned office property changes ownership on Canal Street.

3210 Edenborn Ave, Metairie, LA 70002
3210 Edenborn Ave, Metairie, LA 70002

Type: Retail
Price: $275,000 ($114.06 / SF)
Buyer: S&R RAILROAD LLC
Elifin’s Notes: S & R Railroad LLC acquires a retail property on Edenborn Avenue.

2139 Iberville St, New Orleans, LA 70112
2139 Iberville St, New Orleans, LA 70112

Type: Retail
Price: $160,000 ($219.18 / SF)
Buyer: 2139 IBERVILLE LLC
Elifin’s Notes: A retail property changes hands at the hard corner of Iberville and North Galvez Streets.


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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