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R&M Properties Acquires Former Cox Cable Property in New Orleans

Alliance Consolidated Group Sells Retail Building
3131 Elysian Fields Ave. sold to a firm that invests in commercial and residential properties with redevelopment or repositioning potential. (CoStar)
3131 Elysian Fields Ave. sold to a firm that invests in commercial and residential properties with redevelopment or repositioning potential. (CoStar)
By Frank Davis
April 15, 2024 | 7:54 P.M.

R&M Properties, a California-based real estate development and investment firm, closed on its purchase of this storefront retail property at 3131 Elysian Fields Ave. from Alliance Consolidated Group of Companies LLC for $4.85 million, or approximately $326.64 per square foot.   

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