The Pulse NOLA: Ochsner Foundation purchases large retail building

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

Commercial Sales Recorded Last Week

6166 Elysian Fields Ave
6166 Elysian Fields Ave

Type: Retail
Price: $1,200,000 ($383.75 / SF)
Buyer: HAZA FOODS OF NORTHEAST LLC
Elifin’s Notes: Fast Food property sells in the St. Anthony area

2830 Bell St
2830 Bell St

Type: Mixed-Use
Price: $1,078,000 ($176.95 / SF)
Buyer: JG2 PROPERTIES LLC
Elifin’s Notes: Local investors purchase a mixed-use property with 7 apartments and 1 commercial space in the Bayou St. John area

733 Dante St
733 Dante St

Type: Office
Price: $605,000 ($154.34 / SF)
Buyer: 733 DANTE LLC
Elifin’s Notes: Local investors purchase office property in the Leonidas area

3826 Airline Dr
3826 Airline Dr

Type: Office
Price: $385,000 ($64.17 / SF)
Buyer: STOR SELF STORAGE LLC
Elifin’s Notes: Stor+ Self Storage purchases an office property in the Metairie Terrace area along Airline Drive

1825 Sophie Wright Pl
1825 Sophie Wright Pl

Type: Land
Price: $375,000 ($142.42 / Land SF)
Buyer: 1825 Sophie Wright LLC
Elifin’s Notes: Local investors purchase a 0.06 acre parcel of land; future use is unknown.

2119 Gravier St
2119 Gravier St

Type: Land
Price: $160,000 ($25.64 / Land SF)
Buyer: JDC PROPERTY GROUP LLC
Elifin’s Notes: Local investors purchase 0.14 acres of vacant land over three parcels zoned as Medical Service District in the Tulane/Gravier area

808 Saint Joseph St
808 Saint Joseph St

Type: Office
Price: Withheld
Buyer: TIPSY CLOVER LLC
Elifin’s Notes: Local investor purchases an office property in the CBD area

910 N Carrollton Ave
910 N Carrollton Ave

Type: Retail
Price: Withheld
Buyer: PHRON VIEW PROPERTIES LLC
Elifin’s Notes: Local investors purchase a restaurant property in the City Park area

2432 Belle Chasse Hwy
2432 Belle Chasse Hwy

Type: Retail
Price: Withheld
Buyer: OCHSNER CLINIC FOUNDATION
Elifin’s Notes: The Ochsner Clinic Foundation purchases the St. Germain Furniture building along Belle Chassee Highway in the Oakdale area

3525 Prytania St
3525 Prytania St

Type: Office
Price: Withheld
Buyer: PROFESSIONAL REALTY HOLDINGS LLC
Elifin’s Notes: Local investor purchases a combination of medical office condo units, totaling 2,110 sq ft, in the Touro area


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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