The Pulse NOLA: New Orleans Center for Creative Arts sells to State of LA

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

Commercial Sales Recorded Last Week

2831 Chartres St, New Orleans, LA 70117
2831 Chartres St, New Orleans, LA 70117

Type: Industrial
Price: $8,000,000 ($163.33 / SF)
Buyer: STATE OF LOUISIANA
Elifin’s Notes: The State of Louisiana acquires the New Orleans Center for Creative Arts facility on Chartres Street.

1435 Japonica St, New Orleans, LA 70117
1435 Japonica St, New Orleans, LA 70117

Type: Industrial
Price: $2,050,000 ($58.69 / SF)
Buyer: STAY READY NOLA INC
Elifin’s Notes: An industrial property on 1.8+ acres changes hands near the Claiborne Avenue Bridge.

404 Wall Blvd, Gretna, LA 70056
404 Wall Blvd, Gretna, LA 70056

Type: Retail
Price: $600,000 ($187.03 / SF)
Buyer: SAAD PROPERTIES LLC
Elifin’s Notes: A former dry cleaners property changes hands in the Timberlane area.

1309 Adams St, New Orleans, LA 70118
1309 Adams St, New Orleans, LA 70118

Type: Retail
Price: $236,600 ($143.05 / SF)
Buyer: 1309 ADAMS STREET LLC
Elifin’s Notes: A grocery property sells on Adams Street.

1829 Leonidas St, New Orleans, LA 70118
1829 Leonidas St, New Orleans, LA 70118

Type: Specialty
Price: $140,000 ($23.06 / SF)
Buyer: VELTON WELCH
Elifin’s Notes: A former church property changes ownership at the corner of Leonidas Street and Cohn Street.

10555 Lake Forest Blvd (Units 1B, 1N), New Orleans, LA 70127
10555 Lake Forest Blvd (Units 1B, 1N), New Orleans, LA 70127

Type: Office
Price: $110,000 ($90.31 / SF)
Buyer: PROPERTYDOC LLC
Elifin’s Notes: A pair of office units change ownership within the Deer Office Condominium Park.

7133 St Charles Ave, New Orleans, LA 70118
7133 St Charles Ave, New Orleans, LA 70118

Type: Retail
Price: Withheld
Buyer: CANOPY PARTNERS LLC
Elifin’s Notes: Canopy Partners LLC purchases the convenience store property at the corner or St Charles Avenue and Broadway Street.

735 St Joseph St, New Orleans, LA 70130
735 St Joseph St, New Orleans, LA 70130

Type: Retail
Price: Withheld
Buyer: WHERE YAT BABY LLC
Elifin’s Notes: A restaurant/bar property sells on Saint Joseph Street.


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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