The Pulse NOLA: Oschner Foundation purchases property on Jefferson

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

Commercial Sales Recorded Last Week

7639 Townsend Pl, New Orleans, LA 70126
7639 Townsend Pl, New Orleans, LA 70126

Type: Industrial
Price: $1,500,000 ($34.09 / SF)
Buyer: K C LINEN LLC
Elifin’s Notes: An industrial warehouse/office property changes hands on Townsend Place.

455 S Galvez St, New Orleans, LA 70119
455 S Galvez St, New Orleans, LA 70119

Type: Industrial
Price: $1,050,000 ($95.45 / SF)
Buyer: 451 455 SOUTH GALVEZ LLC
Elifin’s Notes: An industrial property changes ownership on South Galvez Street off of Tulane Avenue.

2600, 2606, 2608 St Claude Ave
1031, 1039 Franklin Ave, New Orleans, LA 70117
2600, 2606, 2608 St Claude Ave
1031, 1039 Franklin Ave, New Orleans, LA 70117

Type: Retail
Price: $550,000 ($28.03 / SF)
Buyer: GOOFY GUY PROPERTY LLC
Elifin’s Notes: A commercial property advertised as an opportunity for redevelopment changes ownership at the corner of Saint Claude and Franklin Avenues.

2239 Richland St, Kenner, LA 70062
2239 Richland St, Kenner, LA 70062

Type: Land
Price: $500,000 ($13.06 / Land SF)
Buyer: FUTURE PROPERTY INVESTMENTS LLC
Elifin’s Notes: An industrial land property changes hands within the Crestview Office and Industrial park.

1318 24th St, Kenner, LA 70062
1318 24th St, Kenner, LA 70062

Type: Industrial
Price: $475,000 ($111.76 / SF)
Buyer: CSJ HOLDINGS LLC
Elifin’s Notes: CSJ Holdings, LLC acquires an industrial property on 24th Street, directly next to the Airport.

3011 Hwy 1, Grand Isle, LA 70358
3011 Hwy 1, Grand Isle, LA 70358

Type: Retail
Price: $250,000 ($97.24 / SF)
Buyer: ASCENSION LIVING&OUTDOORS LLC
Elifin’s Notes: Ascension Living and Outdoors LLC acquires a retail property on Highway 1 in Grand Isle.

2215, 2217 Gravier St, New Orleans, LA 70119
2215, 2217 Gravier St, New Orleans, LA 70119

Type: Land
Price: $160,000 ($40.40 / Land SF)
Buyer: 451 455 SOUTH GALVEZ LLC
Elifin’s Notes: The same entity that purchased the South Galvez industrial warehouse, picks up this 0.09 acre strip of land directly behind the Galvez building.

Lots 75, 76, 77 Fayette St, Kenner, LA 70062
Lots 75, 76, 77 Fayette St, Kenner, LA 70062

Type: Land
Price: $115,000 ($12.57 / Land SF)
Buyer: DAT YARD LLC
Elifin’s Notes: A 0.2+ acre parcel of land sells on Fayette Street.

981 Jefferson Hwy, Jefferson, LA 70121
981 Jefferson Hwy, Jefferson, LA 70121

Type: Retail
Price: Withheld
Buyer: OCHSNER CLINIC FOUNDATION
Elifin’s Notes: The Oschner Clinic Foundation purchases a retail property on Jefferson Highway.

4408 Trenton St (Unit A, C, D), Metairie, LA 70006
4408 Trenton St (Unit A, C, D), Metairie, LA 70006

Type: Office
Price: Withheld
Buyer: RPM LEASING LLC
Elifin’s Notes: A trio of office condo suites sell on Trenton 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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