A weekly update on the commercial real estate landscape of New Orleans. This week’s Pulse NOLA commercial real estate snapshot reveals a dynamic Greater New Orleans market with multiple high-value transactions and major permit activity reflecting ongoing investment and development momentum. Among the recorded sales, marquee deals include a $5.3m retail sale on Jefferson Highway, a Aspen Dental-anchored retail portfolio on...
A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. The Baton Rouge commercial real estate landscape is experiencing a significant influx of institutional capital, highlighted by a New Jersey-based realty trust acquiring a high-value medical portfolio for over $24 million. Key assets in this transaction include a rehabilitation hospital at 8000 Summa Ave ($10.5M), a nursing...
A weekly update on the commercial real estate landscape of The Northshore. This week’s The Pulse Northshore commercial real estate report underscores continued investor confidence and development activity across the Northshore market, highlighted by the $3.3m sale of an industrial-flex property on James Street in Mandeville, featuring showroom space and multiple tenants, a strong signal of demand in the industrial sector....
A weekly update on the commercial real estate landscape of Lafayette. The Lafayette market is currently witnessing a surge in both transactional liquidity and capital investment, headlined by the $4,000,000 sale of the car wash at 3605 Johnston St and a massive $15.5M commercial permit for the Ochsner Lafayette General Neuroscience Center expansion at 401 Audubon Boulevard. This momentum is further...
A weekly update on the commercial real estate landscape of New Orleans. This week’s highlights show notable market activity in Greater New Orleans, including the sale of a historic school property at 727 Carondelet Street in the CBD for $2.1m underscoring continued interest in adaptive-use and specialty assets in core urban districts. Other recorded deals ranged from a $1.48m retail sale...
A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Market activity in the Capital Region is showing continued momentum within the professional office sector, recently highlighted by the acquisition of two specialized office condo units at 13006 Justice Avenue. Situated in the Justice/Bricksome office park just off South Sherwood Forest Blvd, these units demonstrate the ongoing...
A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 11245, 11285, 11377 Airline Hwy, Baton Rouge, LA 70816 Type: Retail Price: $16,800,000 ($179.35 / SF) Buyer: Real Estate Holdco LLC Elifin's Notes: Hudson Automotive Group, a South Carolina-based company, acquires the All Star Chevrolet dealership on Airline Highway. 7809 Jefferson Hwy, Units A-I, Baton Rouge,...
A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 321 S Bernard Rd, Broussard, LA 70518 Type: Industrial Price: $2,800,000 ($116.67 / SF) Buyer: SOUTH BERNARD HOLDINGS LLC Elifin's Notes: A light industrial-manufacturing property sells South Bernard Road. Lot 3-A Camellia Blvd, Lafayette, LA 70508 Type: Land Price: $1,090,394 ($28.13 / Land SF) Buyer: ONPATH FEDERAL CREDIT UNION Elifin's Notes: An 0.8+ acre parcel...
A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 345 St Joseph St, New Orleans, LA 70130 Type: Hospitality Price: $29,000,000 ($125,541 / Unit) Buyer: NOLA 345 LLC Elifin's Notes: A California-based company acquires an extended-stay hotel property near the Ernest N. Morial Convention Center. 10151 Curran Blvd, New Orleans, LA 70127 Type: Multifamily Price: $9,750,000 ($45,139 / Unit) Buyer: 10151 CURRAN...
A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 8800 Blk W Congress St, Duson, LA 70529 Type: Land Price: $660,000 ($0.13 / Land SF) Buyer: GARBER BLUM HOLDINGS LLC Elifin's Notes: Garber Blum Holdings LLC purchases a 120 acre parcel of land in Duson. Tract B-2-A-6 Sita St, Broussard, LA 70518 Type: Land Price: $550,000 ($12.60 / Land SF) Buyer: RAJANE...