The Pulse NOLA: Pair of industrial properties sell for 1mm

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

Commercial Sales Recorded Last Week

2432 Dawson St
2432 Dawson St

Type: Industrial
Price: $1,075,000 ($113.06 / SF)
Buyer: WAREHOUSE DISTRICT LLC
Elifin’s Notes: A pair of industrial properties sell within the Bainbridge Office & Industrial Park

4836 W Esplanade Ave
4836 W Esplanade Ave

Type: Specialty
Price: $486,000 ($93.46 / SF)
Buyer: IGLESIA CRISTIANA FILADELFIA
Elifin’s Notes: Iglesia Cristiana Filadelfia purchases the religious facility located along West Esplanade Avenue in Metairie

630 Newton St
630 Newton St

Type: Retail
Price: $125,000 ($72.51 / SF)
Buyer: BEEP BEEP TRANSPORTATION LLC
Elifin’s Notes: A retail property sells in the McDonogh area

425 Laroussini St
425 Laroussini St

Type: Industrial
Price: $100,000 ($76.92 / SF)
Buyer: Wade P Toups; Susan D Toups
Elifin’s Notes: A small warehouse property sells off the Westbank Expressway in the Town of Salaville


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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