The Pulse NOLA: Whole Foods in Tulane-Gravier sold

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

Commercial Sales Recorded Last Week

5301 Elysian Fields Ave, New Orleans, LA 70122
5301 Elysian Fields Ave, New Orleans, LA 70122

Type: Office
Price: $775,000 ($212.91 / SF)
Buyer: ELYSIAN FIELDS HOLDING COMPANY LLC
Elifin’s Notes: An office property changes ownership adjacent to Canseco’s Filmore Market off of Filmore Avenue.

3229 Edenborn Ave, Metairie, LA 70002
3229 Edenborn Ave, Metairie, LA 70002

Type: Office
Price: $585,600 ($142.48 / SF)
Buyer: PIN OAK MARINE LLC
Elifin’s Notes: A Missouri-based company purchases an office property on Edenborn Avenue.

3534 4th St, Harvey, LA 70058
3534 4th St, Harvey, LA 70058

Type: Industrial
Price: $240,000 ($63.16 / SF)
Buyer: TEX AUTO GARAGE LLC
Elifin’s Notes: Tex Auto Garage LLC purchases an industrial property on 4th Street.

300 N Broad St, New Orleans, LA 70119
300 N Broad St, New Orleans, LA 70119

Type: Retail
Price: Withheld
Buyer: 300 NORTH BROAD L L C
Elifin’s Notes: Marksville-based investors purchase the Whole Foods Market on North Broad Street.

6301 Airline Dr, Metairie, LA 70003
6301 Airline Dr, Metairie, LA 70003

Type: Office
Price: Withheld
Buyer: BAPS NEW ORLEANS METAIRIE LLC
Elifin’s Notes: A New Jersey-based company acquires an office property across from the Jefferson Performing Arts Center on Airline Drive.

616 Ursulines Ave, New Orleans, LA 70116
616 Ursulines Ave, New Orleans, LA 70116

Type: Hospitality
Price: Withheld
Buyer: BAYOU TREE HOLDINGS LLC
Elifin’s Notes: A 25-unit hotel property sells on Ursulines Avenue.


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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