The Pulse NOLA: Sidney Torres purchases industrial property near Superdome

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

Commercial Sales Recorded Last Week

4154 Saint Ann Dr, Kenner, LA 70065
4154 Saint Ann Dr, Kenner, LA 70065

Type: Land
Price: $3,600,000 ($10.55 / Land SF)
Buyer: KHAN KENNER INVESTMENTS LLC
Elifin’s Notes: Over 7 acres of residential land sells within the Seton Parc Subdivision.

1925, 1929 Julia St, New Orleans, LA 70113
1925, 1929 Julia St, New Orleans, LA 70113

Type: Industrial
Price: $766,742 ($63.11 / SF)
Buyer: 1925 JULIA LLC
Elifin’s Notes: An industrial property changes ownership near the Superdome on Julia Street. Purchased by an LLC controlled by Sidney Torres.

1027 9th St, New Orleans, LA 70115
1027 9th St, New Orleans, LA 70115

Type: Office
Price: $700,000 ($183.73 / SF)
Buyer: WILLIAMS LOUIS JR
Elifin’s Notes: An office property sells on 9th Street in the Garden District.

1825 Industrial Blvd, Harvey, LA 70058
1825 Industrial Blvd, Harvey, LA 70058

Type: Land
Price: $275,000 ($4.54 / Land SF)
Buyer: JERRYS HOLDING LLC
Elifin’s Notes: An industrial land property with a small office improvement sells on Industrial Boulevard.

168 Harbor Cir, New Orleans, LA 70126
168 Harbor Cir, New Orleans, LA 70126

Type: Industrial
Price: $275,000 ($30.46 / SF)
Buyer: RUSTY JORDAN SMITH
Elifin’s Notes: An industrial property changes ownership on Harbor Circle near the Lakefront Airport.

3045 Lausat St, Metairie, LA 70001
3045 Lausat St, Metairie, LA 70001

Type: Office
Price: $198,000 ($132.00 / SF)
Buyer: MJM NEW ORLEANS INVESTMENTS LLC
Elifin’s Notes: An office property with a climate controlled garage changes hands on Lausat Street.

2445 Florida Ave, Kenner, LA 70062
2445 Florida Ave, Kenner, LA 70062

Type: Office
Price: $150,000 ($68.81 / SF)
Buyer: FABL LLC
Elifin’s Notes: An office property changes hands at the corner of Florida Avenue and 25th Street.

13100 Chef Menteur Hwy, New Orleans, LA 70129
13100 Chef Menteur Hwy, New Orleans, LA 70129

Type: Retail
Price: Withheld
Buyer: ER CATERING L L C
Elifin’s Notes: A former Dollar General sells in the Michoud area.


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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