The November 11, 2024 issue covers sixteen commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $12.3M in disclosed volume. The headline deal: 4408 CLEARVIEW INVESTMENTS LLC (Hamdan Sons Investments) paid $2.65M ($854.84/SF) for a Brother's branded gas station on the I-10 Service Road near Clearview Parkway in Metairie. Retail and industrial led the week with...
The November 4, 2024 issue covers ten commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $7.52M in disclosed volume. The headline deal: GENTILLY CARNIVAL CLUB INC paid $2.85M ($68.56/SF) for a commercial storage property at 4200 Euphrosine Street, off Earhart Boulevard. Land led the week with three of the ten sales, including two Lapalco Boulevard...
The October 28, 2024 issue covers eleven commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $13.4M in disclosed volume. The headline deal: BP Louisiana Property LLC paid $8.5M ($822.37/SF) for the Fat Harry's & Superior Seafood properties at 4330 and 4338 St. Charles Avenue. Retail led the week with five of the eleven sales, including...
The October 21, 2024 issue covers ten commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $9.1M in disclosed volume. The headline deal: AMS REAL ESTATE LLC paid $4.3M ($143.33/SF) for a multiple-building industrial property at 4300 Peters Road in Harvey. Industrial, retail and land properties each accounted for two of the ten sales, including a...
The October 14, 2024 issue covers ten commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $29.6M in disclosed volume. The headline deal: DKA ONE LLC paid $24.5M ($111,872/unit) for the Metairie Towers Condominiums Complex at 401 Metairie Road in Old Metairie. Multifamily led the week with four of the ten sales, including three Terrytown fourplexes...
The October 7, 2024 issue covers eleven commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $16.5M in disclosed volume. The headline deal: Housing Authority of New Orleans paid $6.23M ($194,531/unit) for a 32-unit multifamily complex at 821 Washington Avenue. Retail led the week with five of the eleven sales, including the corner property featuring Monday...
The September 30, 2024 issue covers seven commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $3.52M in disclosed volume. The headline deal: FRISCO ESTELLE LLC paid $1.45M ($290.00/SF) for the Estella's Home property at the intersection of Frisco Avenue and Metairie Road in Metairie. Land led the week with three of the seven sales, including...
The September 23, 2024 issue covers eight commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $7.59M in disclosed volume. The headline deal: 5790 CROWDER LLC, a Houston-based entity, paid $3.2M ($100.77/SF) for the Crowder Retail Center at 5790 Crowder Boulevard in the West Lake Forest area. Mixed-use, industrial and land properties each accounted for two...
The September 16, 2024 issue covers two commercial sales recorded across New Orleans and surrounding markets the previous week, both with prices withheld. The headline deal: CREDC BOURBON STREET LLC bought a commercial property at 429-433 Bourbon Street in the French Quarter. Both sales were recorded as retail, the other being a multi-tenant retail property within a larger shopping center...
The September 9, 2024 issue covers eleven commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $15.7M in disclosed volume. The headline deal: TT 104 LLC (James Marine, Inc., a barge services company operating in Louisiana and Kentucky) paid $3.95M ($493.75/SF) for an industrial barge servicing facility at Nine Mile Point on River Road in Westwego....
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