The Pulse NOLA: Tulane renovation permits total 59 million

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

Commercial Sales Recorded Last Week

1804 Magazine St, 1805 Hastings Place
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
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
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
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


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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