The Pulse NOLA: Old Metairie Commons sold

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

Commercial Sales Recorded Last Week

2328 Metairie Rd, Metairie, LA 70001
2328 Metairie Rd, Metairie, LA 70001

Type: Retail
Price: $3,850,000 ($236.54 / SF)
Buyer: OLD METAIRIE COMMONS LLC
Elifin’s Notes: A commercial property featuring retail and office suites sells in Metairie.

5920 Mounes St, Elmwood, LA 70123
5920 Mounes St, Elmwood, LA 70123

Type: Industrial
Price: $2,490,000 ($81.64 / SF)
Buyer: VMAN HOLDINGS LLC
Elifin’s Notes: An industrial property with showroom, office and warehouse space sells in Elmwood.

1900 N Rampart St, New Orleans, LA 70116
1900 N Rampart St, New Orleans, LA 70116

Type: Hospitality
Price: $875,000 ($145,833 / Unit)
Buyer: PISCITELLI, TEELA
Elifin’s Notes: A 6-bedroom B&B property changes hands at the corner of North Rampart and Pauger Streets.

308 St George Ave, New Orleans, LA 70121
308 St George Ave, New Orleans, LA 70121

Type: Industrial
Price: $875,000 ($121.14 / SF)
Buyer: REEL COMMERCIAL HOLDINGS LLC
Elifin’s Notes: Reel Commercial Holdings LLC acquires an industrial warehouse property in Elmwood.

325 Williams Blvd, Kenner, LA 70065
325 Williams Blvd, Kenner, LA 70065

Type: Retail
Price: $691,000 ($222.90 / SF)
Buyer: GENDUSA FAMILY DELIGHTS LLC
Elifin’s Notes: Gendusa Family Delights acquires the Gendusa’s Italian Eatery in Kenner.

1824 Williams Blvd, Kenner, LA 70062
1824 Williams Blvd, Kenner, LA 70062

Type: Office
Price: $535,000 ($107.00 / SF)
Buyer: RRCBM INVESTMENTS LLC
Elifin’s Notes: An office property changes ownership across from the Kenner Fire Department on Williams Boulevard.

2310 Park Place Dr, Terrytown, LA 70056
2310 Park Place Dr, Terrytown, LA 70056

Type: Retail
Price: $445,000 ($84.38 / SF)
Buyer: DWAYNE A FONTENETTE INC
Elifin’s Notes: A commercial property changes hands off of the Behrman Highway in Terrytown.

10821 Roger Dr, New Orleans, LA 70128
10821 Roger Dr, New Orleans, LA 70128

Type: Multifamily
Price: $375,000 ($75,000 / Unit)
Buyer: NOLA BELLA PROPERTIES LLC
Elifin’s Notes: NOLA Bella Properties LLC purchases a 5-unit multifamily property on Roger Road.

3324, 3326 Audubon St;
7100, 7106 Olive St, New Orleans, LA 70125
3324, 3326 Audubon St;
7100, 7106 Olive St, New Orleans, LA 70125

Type: Land
Price: $100,000 ($9.70 / Land SF)
Buyer: GREATER KING SOLOMON BAPTIST CHURCH
Elifin’s Notes: Greater King Solomon Baptist Church acquires a 0.2+ acre parcel of land across from its current location.

4304 Magazine St, New Orleans, LA 70115
4304 Magazine St, New Orleans, LA 70115

Type: Retail
Price: Withheld
Buyer: DEJEAN JONATHAN
Elifin’s Notes: A retail property changes hands on Magazine Street.

4002 S Carrollton Ave, New Orleans, LA 70119
4002 S Carrollton Ave, New Orleans, LA 70119

Type: Multifamily
Price: Withheld
Buyer: AP FAMILY HOLDINGS LLC
Elifin’s Notes: AP Family Holdings LLC acquires a 100-unit apartment complex on South Carrolton Avenue.


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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