The Pulse NOLA: West Jefferson Health Care Center property in Harvey sells

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

Commercial Sales Recorded Last Week

1020 Manhattan Blvd, Harvey, LA 70058
1020 Manhattan Blvd, Harvey, LA 70058

Type: Healthcare
Price: $5,170,967 ($166.18 / SF)
Buyer: 1020 MANHATTAN LLC
Elifin’s Notes: The former West Jefferson Health Care Center property, in Harvey, sells to an Indiana-based entity

3001 17th St, Metairie, LA 70002
3001 17th St, Metairie, LA 70002

Type: Office
Price: $4,100,000 ($116.15 / SF)
Buyer: SIL HOLDINGS LLC
Elifin’s Notes: A two-story office building sells near the intersection of North Causeway Boulevard and 17th Street in Metairie

2325 Veterans Memorial Blvd, Metairie, LA 70002
2325 Veterans Memorial Blvd, Metairie, LA 70002

Type: Retail
Price: $3,200,000 ($703.30 / SF)
Buyer: O&E LEASING LLC
Elifin’s Notes: A retail restaurant property, including a rear parking lot, sells in the Metairie Heights area

1650 Manhattan Blvd, Harvey, LA 70058
1650 Manhattan Blvd, Harvey, LA 70058

Type: Retail
Price: $1,400,000 ($217.22 / SF)
Buyer: VO PLAZA LLC
Elifin’s Notes: A retail strip center sells near the intersection of Manhattan Boulevard and Gretna Boulevard in Harvey

4520 Jefferson Hwy, Jefferson, LA 70121
4520 Jefferson Hwy, Jefferson, LA 70121

Type: Retail
Price: $920,000 ($368.00 / SF)
Buyer: KMHSHELL LLC
Elifin’s Notes: A Brother’s Food Mart property is acquired along Jefferson Highway in Jefferson

7000 Washington Ave, New Orleans, LA 70125
7000 Washington Ave, New Orleans, LA 70125

Type: Industrial
Price: $650,000 ($59.20 / SF)
Buyer: VOICE OF THE EXPERIENCED
Elifin’s Notes: An industrial warehouse property sells in the Gert Town area

4400 Peters Rd, Harvey, LA 70058
4400 Peters Rd, Harvey, LA 70058

Type: Industrial
Price: $421,053 ($26.32 / SF)
Buyer: KFS INVESTMENTS LLC
Elifin’s Notes: An industrial property with a warehouse sitting on 7+ acres of land sells along Peters Road in Harvey

113 Maxwell Ln, Marrero, LA 70072
113 Maxwell Ln, Marrero, LA 70072

Type: Mixed-Use
Price: $400,000 ($125.00 / SF)
Buyer: DOMINION&POWER MINISTRIES INC
Elifin’s Notes: A commercial property changes hands at the end of Maxwell Lane, off of River Road in Marrero

2436 Hickory Ave, Metairie, LA 70003
2436 Hickory Ave, Metairie, LA 70003

Type: Retail
Price: $400,000 ($137.93 / SF)
Buyer: WENE AUTOMOTIVE LLC
Elifin’s Notes: An auto repair property changes hands along Hickory Avenue near Dickory Avenue in Metairie

4605 Freret St, New Orleans, LA 70115
4605 Freret St, New Orleans, LA 70115

Type: Office
Price: $400,000 ($228.57 / SF)
Buyer: VNK LLC
Elifin’s Notes: An office property sells in the Freret area

531, 535 S Derbigny St, New Orleans, LA 70112
531, 535 S Derbigny St, New Orleans, LA 70112

Type: Land
Price: $360,000 ($50.10 / Land SF)
Buyer: BOARD OF SUPERVISORS OF LOUISIANA STATE UNIVERSITY AND AGRICULTURAL AND MECHANICAL COLLEGE
Elifin’s Notes: The LSU Board of Supervisors continue to pick up small parcels of vacant land in the Tulane/Gravier area as they purchase two parcels, 0.16+ acres, on South Derbigny

2705, 2709 Piedmont St, Kenner, LA 70062
2705, 2709 Piedmont St, Kenner, LA 70062

Type: Industrial
Price: $311,900 ($51.98 / SF)
Buyer: 2705-09 PIEDMONT LLC
Elifin’s Notes: An industrial property changes hands within the Crestview Office & Industrial Park in Kenner

1145 Central Ave, Westwego, LA 70094
1145 Central Ave, Westwego, LA 70094

Type: Retail
Price: $250,000 ($178.57 / SF)
Buyer: Mustafa Mustafa
Elifin’s Notes: A gas station/convenience store property sells at the corner of Central Avenue and the Westbank Expressway in Westwego


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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