The Pulse NOLA: Norma’s Sweets in Mid City purchases building

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

Commercial Sales Recorded Last Week

850 Kenner Ave, Kenner, LA 70062
850 Kenner Ave, Kenner, LA 70062

Type: Industrial
Price: $475,000 ($57.82 / SF)
Buyer: WASTE PRO OF LOUISIANA INC
Elifin’s Notes: An industrial property sells just south of the Airport in Kenner

2915 Bienville St, New Orleans, LA 70119
2915 Bienville St, New Orleans, LA 70119

Type: Industrial
Price: $375,000 ($98.92 / SF)
Buyer: 2915 BIENVILLE PROPERTIES LLC
Elifin’s Notes: Norma’s Sweets Bakery purchases the industrial property next door to their Mid-City bakery

422 Derbigny St, Gretna, LA 70053
422 Derbigny St, Gretna, LA 70053

Type: Office
Price: $372,500 ($206.94 / SF)
Buyer: OSBORNE&GEG LLC
Elifin’s Notes: An office property sells near the courthouse in Gretna

5919 Odin St, New Orleans, LA 70126
5919 Odin St, New Orleans, LA 70126

Type: Industrial
Price: $160,000 ($133.33 / SF)
Buyer: ODIN5000 LLC
Elifin’s Notes: An industrial property over four parcels sells near Downman Road in Pines Village


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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