The Pulse: New Orleans

One of NOLA’s most blighted properties sells

The January 20, 2025 issue covers ten commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: LOCAL ON SEVERN LLC (The Medve Group, a Texas-based property management company) bought The Local on Severn, a 161-unit multifamily property at 3409 Severn Avenue in Metairie. Multifamily led the week with three of the ten sales, while...

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The Sugar Mill event venue sells

The January 13, 2025 issue covers seven commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: 2007 CLEARVIEW LLC bought an industrial flex-showroom space at 4425 West Napoleon Avenue in Metairie. Retail led the week with three of the seven sales, while the same buyer bought an industrial property on Zenith Street in Metairie...

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Retail property sells in the French Quarter

The January 6, 2025 issue covers four commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: 604 JULIA LLC bought a Warehouse District mixed-use property at 604 Julia Street with one street-level retail space, four STR units and two apartments. Multifamily led the week with two of the four sales, both six-unit properties on...

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Former Winn-Dixie property in Algiers sells

The December 30, 2024 issue covers fourteen commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: ROYALE WINN NOLA LLC, a Florida-based entity, bought the former Winn-Dixie property at 3008 Holiday Drive in Algiers. Office and self-storage led the week with three of the fourteen sales each, as a Canadian-based entity bought storage facilities...

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Two mixed-use properties sell in French Quarter

The December 23, 2024 issue covers twelve commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: METALS USA PLATES&SHAPES INC bought the industrial warehouse property at 550 Modern Farms Road in Westwego, adjacent to its current location. Industrial and retail led the week with three of the twelve sales each, including an Elmwood industrial...

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Former Uptown Delivery Pharmacy property sells

The December 16, 2024 issue covers eleven commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: RAZZ HALILI TRUST bought a fishing charter and lodging property at 5057 Kenal Road in Lafitte, a purchase by a Texas-based restaurateur. Retail led the week with three of the eleven sales, including the former Uptown Delivery Pharmacy...

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Clover Grill property sells on Bourbon Street

The December 2, 2024 issue covers seven commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: SOUTHWEST REGION CONFERENCE ASSOCIATION OF SEVENTH ADVENTISTS bought a 4+ acre parcel of land at 15 Lake Forest Boulevard near the Audubon Louisiana Nature Center. Land, office and retail properties each accounted for two of the seven sales,...

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Public Defenders Office purchases building

The November 25, 2024 issue covers nine commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: CLEARVIEW GROUP PROPERTIES LLC bought a multi-tenant office property adjacent to Lakeside Hospital at 4770 South I-10 Service Road West in Metairie. Retail led the week with five of the nine sales, including a commercial property at South...

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Self-Storage center sells along Earhart Boulevard

The November 18, 2024 issue covers five commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: All Star Properties, LLC bought a NNN-leased industrial portfolio, with one property at 16 West 23rd Street in Kenner and the other in Lafayette. Industrial led the week with two of the five sales, including a Kenner warehouse...

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