The Pulse NOLA: Petite Esplanade shopping center in Metairie sold

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

Commercial Sales Recorded Last Week

3216, 3304 W Esplanade Ave, Metairie, LA 70002
3216, 3304 W Esplanade Ave, Metairie, LA 70002

Type: Retail
Price: $2,800,000 ($170.94 / SF)
Buyer: 3216 3304 WEST ESPLANADE LLC
Elifin’s Notes: The Petite Esplanade Shopping Center changes hands in Metairie

2717 Massachusetts Avenue, Metairie, LA 70003
2717 Massachusetts Avenue, Metairie, LA 70003

Type: Land
Price: $775,000 ($31.77 / Land SF)
Buyer: GMB PROPERTIES 8900 VETERANS LLC
Elifin’s Notes: A Gayle Benson led entity purchases a 0.5+ acre parcel of land off of Veterans in Metairie, just to the rear of a 3 acre parcel purchased by the entity in March of this year

4800 10th Street, Marrero, LA 70072
4800 10th Street, Marrero, LA 70072

Type: Retail
Price: $541,000 ($154.57 / SF)
Buyer: WBOMSRE LLC
Elifin’s Notes: A bank branch property sells in Marrero

1015 St Ann St, New Orleans, LA 70116
1015 St Ann St, New Orleans, LA 70116

Type: Multifamily
Price: $488,000 ($97,600 / Unit)
Buyer: St Ann St__1015
Elifin’s Notes: A 5-unit multifamily property sells in the French Quarter

9025 Jefferson Highway, River Ridge, LA 70123
9025 Jefferson Highway, River Ridge, LA 70123

Type: Industrial
Price: $275,000 ($152.78 / SF)
Buyer: LAYMAN ENTERPRISE LLC
Elifin’s Notes: An industrial showroom/warehouse property sells in River Ridge

621 Hickory Avenue, Harahan, LA 70123
621 Hickory Avenue, Harahan, LA 70123

Type: Office
Price: $200,000 ($124.30 / SF)
Buyer: CLA PROPERTIES LLC
Elifin’s Notes: An office property sells on the Western edge of the Elmwood Industrial Park

425 George Street, Kenner, LA 70062
425 George Street, Kenner, LA 70062

Type: Land
Price: $120,000 ($9.84 / Land SF)
Buyer: NOLA STATION LLC
Elifin’s Notes: A parcel of land sells just South of the Airport in Kenner

6590 Veterans Blvd, Metairie, LA 70003
6590 Veterans Blvd, Metairie, LA 70003

Type: Hospitality
Price: Withheld
Buyer: 6590 VETERANS LLC
Elifin’s Notes: The Evergreen Plaza Motel sells near Lafreniere Park

1827 Hickory Avenue, Harahan, LA 70123
1827 Hickory Avenue, Harahan, LA 70123

Type: Retail
Price: Withheld
Buyer: TAMS OF KENNER LLC
Elifin’s Notes: A retail strip center sells along Hickory Avenue in Harahan

3132 Phoenix Street, Kenner, LA 70065
3132 Phoenix Street, Kenner, LA 70065

Type: Multifamily
Price: Withheld
Buyer: HOUMA 88 LLC
Elifin’s Notes: A 6-unit multifamily property trades in Kenner


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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