AVALA Hospital in Covington sold
The September 28, 2026 issue covers twelve commercial sales recorded on the Northshore the previous week, totaling $17.6M in disclosed volume. The headline deal: ST TAMMANY HEALTH SYSTEM paid $8.59M ($403.12/SF) for a healthcare property on Highway 1085 in Covington. The same health system paid $2.65M for a medical office property on Highway 22 in Madisonville, and a Canadian-backed healthcare real estate venture bought the AVALA Hospital on Industry Lane in Covington at an undisclosed price.
Commercial Sales Recorded Last Week 12 sales
16300 Hwy 1085
$8,591,774 $403.12 / SF
St. Tammany Health System acquires a healthcare property on Highway 1085.
BuyerST TAMMANY HEALTH SYSTEM
1520 Hwy 22 W
$2,652,201 $407.97 / SF
St Tammany Health System acquires a medical office property on Highway 22.
BuyerST TAMMANY HEALTH SYSTEM
2001 Lakeshore Dr
$2,020,000 $389.14 / SF
A multi-tenant office property fronting Lake Pontchartrain changes hands on Lakeshore Drive in Mandeville.
BuyerROY INVESTMENT GROUP LLC
317 S Cate St
$1,200,000 $99.94 / SF
A commercial property with more than 40 parking spaces sells in downtown Hammond.
BuyerTRAIN DEPOT LLC
15639-15656 Becky Lane
$825,000 $91,667 / unit
A 9-unit multifamily property changes hands on Becky Lane.
BuyerSVP UNLIMITED LLC
1991 N Causeway Blvd
$775,000 $158.94 / SF
A day care center property changes ownership on New Causeway Boulevard.
BuyerFLICK PROPERTIES LLC
626 E Boston St
$625,000 $318.23 / SF
A mixed-use property changes hands on East Boston Street.
BuyerPINK LEMONADE LLC
944 N Columbia St
$457,500 $211.81 / SF
A former pediatric medical clinic property sell on North Columbia Street.
BuyerDURST, RODNEY JAY
1100 N Oak St
$275,000 $121.74 / SF
A commercially-zoned property sells across from Southeastern Louisiana University on North Oak Street.
BuyerTKE THETA NU HOUSING CORP
19451 Hwy 40
$176,000 $96.02 / SF
Former location of Tangipahoa Public Library in Loranger is sold.
BuyerKJ NEXT CHAPTER LLC
67252 Industry Lane
Price withheld
A Canadian-backed healthcare real estate venture acquires the AVALA Hospital on Industry Lane in Covington.
BuyerFG MP AVALA LLC
1850 Gause Blvd E
Price withheld
A medical office property sell on Gause Boulevard.
BuyerST TAMMANY PARISH HOSPITAL SERVICE DISTRICT NO 2
Commercial Permits Issued Last Week 11 permits
| Address | Type | Value | Description | Owner / Applicant / Contractor |
|---|---|---|---|---|
| 62883 HWY 1089, Mandeville | Electrical (C) | $0 | Temp service for food trucks, Fountainbleau State Park | O N/AC N/A |
| 84596 Camus Lane, Covington | Land Clearing (C) | $0 | Land clearing, 7.55 acres | O N/AC N/A |
| 2365 GAUSE BLVD E, Slidell | Electrical (C) | $0 | Commercial electrical connection | O N/AC N/A |
| 28911 KRENTEL RD, Lacombe | Electrical (C) | $0 | 100 amp service pole for fiber optic cabinet | O N/AC N/A |
| 13406 SEYMOUR MYERS BLVD, Bldg B, Unit 8, Covington | Electrical (C) | $0 | Commercial electrical connection | O N/AC N/A |
| 8 JACQUELINE CT, Mandeville | Electrical (C) | $0 | Replacement of outdoor main breaker panel | O N/AC N/A |
| 4700 HWY 22, Suites 5 & 6, Mandeville | Electrical (C) | $0 | Commercial electrical connection | O N/AC N/A |
| 70161 HWY 59, Ste D, Abita Springs | Electrical (C) | $0 | Name change | O N/AC N/A |
| 16085 Bruhl Rd, Folsom | Land Clearing (C) | $0 | Land clearing, 6.49 acres | O N/AC N/A |
| 112 INNWOOD DR, Suite B, Covington | Electrical (C) | $0 | Commercial electrical connection | O N/AC N/A |
| 2640 N HWY 190, Ste 5, Covington | Electrical (C) | $0 | Name change | O N/AC N/A |