The Pulse NOLA: Tulane renovation permits total 59 million

26 Sep The Pulse NOLA: Tulane renovation permits total 59 million

Posted at 09:02h in Research, The Pulse, The Pulse: New Orleans by ELIFIN® 0 Comments

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

Commercial Sales Recorded Last Week

1804 Magazine St, 1805 Hastings Place

Type: Retail
Price: $825,000 ($418 / SF)
Buyer: HEARTBREAK BEAT LLC
Elifin’s Notes: Local investment group acquires two-story building with 1,973 sq ft of retail space along Magazine Street in the Lower Garden District area

744 Camp St

Type: Retail
Price: $300,000 ($55 / SF)
Buyer: AMERICAN ZEN ASSOCIATION INC
Elifin’s Notes: Non-profit association purchases a 13-space covered parking lot on 0.13 acres of ground in the heart of the Warehouse District area

4700-4702 Dryades St 1836-1838 Valence St

Type: Office
Price: Withheld
Buyer: VALMONT INVESTMENTS LLC
Elifin’s Notes: Local investment group acquires property in the Uptown area with 3,126 sq ft in space divided between an office space and a 1BR/1BA residential unit

1726-1728 Saint Charles Ave

Type: Retail
Price: Withheld
Buyer: 1726 ST CHARLES LLC
Elifin’s Notes: Local investor acquires 4,218 sq ft property with a street-level retail space and two upstairs apartment units in the Lower Garden District area next to Avenue Pub

Commercial Permits Issued Last Week

Address	Type / Value	Description	Owner / Applicant / Contractor
1301 Audubon St	Renovation (Structural) $29,462,413	ENERGY IMPROVEMENTS TULANE UPTOWN – CAMPUS. All work to be done as per plans.	[O] Administrators of The Tulane Educ Fund [A] Bernhard [C]
1430 Tulane Ave	Renovation (Structural) $16,309,550	ENERGY IMPROVEMENTS TULANE DOWNTOWN – SCHOOL OF MEDICINE. All work to be done as per plans.	[O] Administrators of The Tulane Educ Fund [A] Bernhard [C]
202 Janet Yulman Way	Renovation (Structural) $9,356,145	RENOVATION OF EXISTING NATATORIUM SPACE AND EXTERIOR SOCIAL POOL AREA. THE SCOPE OF WORK INCLUDES INSTALLING A NEW POOL LINING SYSTEM WITHIN EXISTING POOL FOOTPRINT, REMOVING CORROSION FROM THE BUILDING STRUCTURE, REPLACING THE POOL EQUIPMENT/ACCESSORIES, REPAIRING THE EXISTING STRUCTURAL SYSTEM, REPLACING THE MECHANICAL SYSTEMS, REPLACING THE ELECTRIAL SYSTEMS AND LIGHTING, REPLACING THE TILE DECK, AND REPAIRING AND PAINTING THE INTERIOR OF THE NATATORIUM FOR PROPER LIGHTING. ALL WORK TO BE DONE AS PER PLANS.	[O] Administrators of The Tulane Educ Fund [A] Grace Hebert Curtis Architects [C] Lemoine Company, Grace Hebert Curtis Architects
1440 Canal St	Renovation (Structural) $3,945,859	ENERGY IMPROVEMENTS TULANE DOWNTOWN – TIDEWATER BLDG.	[O] Administrators of The Tulane Educ Fund [A] Bernhard [C]
3500 Holiday Dr	Renovation (Non-Structural) $858,097	Medical Clinic -Interior tenant build-out in existing one-story commercial buildin