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