The Pulse NOLA: Property near French Market District sells

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

Commercial Sales Recorded Last Week

1200 Decatur St, New Orleans, LA 70116
1200 Decatur St, New Orleans, LA 70116

Type: Mixed-Use
Price: $1,625,000 ($196.54 / SF)
Buyer: 1200 DECATUR BAR LLC
Elifin’s Notes: A three-story mixed use property with retail on the first two floors and two apartments on third floor sells at the corner of Decatur and Governor Nicholls Streets near French Market District.

5118, 5120 Storey St, New Orleans, LA 70123
5118, 5120 Storey St, New Orleans, LA 70123

Type: Industrial
Price: $1,275,000 ($66.08 / SF)
Buyer: LAPEYRE PROPERTIES LLC
Elifin’s Notes: Lapeyre Properties LLC acquires two industrial properties on Storey Street.

600 Nel Ct, Gretna, LA 70056
600 Nel Ct, Gretna, LA 70056

Type: Multifamily
Price: $1,200,000 ($37,500 / Unit)
Buyer: BRITTON PLACE HOUSING LLC
Elifin’s Notes: Britton Place Housing LLC acquires a 32-unit affordable housing apartment property in Gretna.

1312 Bridge City Ave, Bridge City, LA 70094
1312 Bridge City Ave, Bridge City, LA 70094

Type: Retail
Price: $500,000 ($153.33 / SF)
Buyer: LLANTERA ELCEIBENO 2 LLC
Elifin’s Notes: A local tire shop expands their holdings with this purchase in Gretna.

2460 Breaux Ave, Harvey, LA 70058
2460 Breaux Ave, Harvey, LA 70058

Type: Industrial
Price: $425,000 ($51.07 / SF)
Buyer: A1 ELECTRICAL CONTRACTORS INC
Elifin’s Notes: A1 Electrical Contractors Inc acquires an industrial property on Breaux Avenue near Harvey Park.

395 Hickory Ave, Harahan, LA 70123
395 Hickory Ave, Harahan, LA 70123

Type: Industrial
Price: $280,000 ($115.61 / SF)
Buyer: RSC PROPERITES LLC
Elifin’s Notes: RSC Properties LLC acquires an industrial property on Hickory Avenue.

1430 Claire Ave, Gretna, LA 70053
1430 Claire Ave, Gretna, LA 70053

Type: Office
Price: $227,500 ($59.96 / SF)
Buyer: JBA HONDUMEX REMODELING COMPANY LLC
Elifin’s Notes: Hondumex Remodeling Company LLC purchases a pair of commercially zoned buildings in Gretna.

1525 Lapalco Blvd  (Unit 8), Harvey, LA 70058
1525 Lapalco Blvd (Unit 8), Harvey, LA 70058

Type: Retail
Price: $115,000 ($134.50 / SF)
Buyer: FABULASH LLC
Elifin’s Notes: Fabulash LLC acquires a retail condo unit property on Lapalco Boulevard.

7826 Townsend Pl, New Orleans, LA 70126
7826 Townsend Pl, New Orleans, LA 70126

Type: Industrial
Price: Withheld
Buyer: SOLSTO LLC
Elifin’s Notes: Solsto LLC purchases an industrial property near the New Orleans Lakefront Airport.

7500 Almonaster Ave, New Orleans, LA 70126
7500 Almonaster Ave, New Orleans, LA 70126

Type: Industrial
Price: Withheld
Buyer: EUPHROSINE PROPERTIES LLC
Elifin’s Notes: A local businessman purchases an industrial property with multiple buildings and canopied areas.

2050 Poydras St, New Orleans, LA 70113
2050 Poydras St, New Orleans, LA 70113

Type: Industrial
Price: Withheld
Buyer: AJA PROPERTIES L L C
Elifin’s Notes: Aja Properties LLC acquires an industrial property on Poydras 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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