The September 2, 2024 issue covers five commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $10.8M in disclosed volume. The headline deal: FNLR OFCU LLC (Fortress Investment Group) paid $5.87M ($233.44/SF) for a former OnPath Federal Credit Union location at 5508 Citrus Boulevard in New Orleans. Office led the week with three of the five...
The August 26, 2024 issue covers thirteen commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $8.02M in disclosed volume. The headline deal: 4000 HOLLYWOOD APARTMENTS LLC, a Hamdan Sons Investments entity, paid $4.25M ($60,714/unit) for the 70-unit Hollywood Park Apartments at 4000 Westbank Expressway in Marrero. Retail led the week with five of the thirteen...
The August 19, 2024 issue covers ten commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $3.91M in disclosed volume. The headline deal: River Ridge Maisonettes, LLC paid $1.64M ($82,000/unit) for a 20-unit multifamily property at 10542 Jefferson Highway in River Ridge. Office and land led the week with three of the ten sales each, and...
The August 12, 2024 issue covers eleven commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $13.3M in disclosed volume. The headline deal: INTERNATIONAL SCHOOL OF LOUISIANA paid $5.75M ($121.44/SF) for a school property at 2518 Arts Street in St. Roch, a purchase arising out of the bankruptcy proceedings for the Encore Learning Academy. Office led...
The August 5, 2024 issue covers twenty commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $13.4M in disclosed volume. The headline deal: VOLUNTEERS OF AMERICA SOUTHEAST LOUISIANA INC paid $3.6M ($77.41/SF) for the Financial Planning Center office property at 2475 Canal Street. Retail led the week with eight of the twenty sales, including the Jefferson...
The July 29, 2024 issue covers nine commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $14.4M in disclosed volume. The headline deal: VPU NEW ORLEANS LLC paid $8.8M ($82.31/SF) for the Napoleon Medical Office Building on Napoleon Avenue, across the street from Ochsner. Retail led the week with three of the nine sales, including the...
The July 22, 2024 issue covers six commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $3.12M in disclosed volume. The headline deal: 1640 HICKORY LLC paid $1.04M ($335.48/SF) for a pair of office buildings at 6226 and 6232 Jefferson Highway in Harahan. Office, retail and industrial properties split the week with two sales each, including...
The July 15, 2024 issue covers eleven commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $6.74M in disclosed volume. The headline deal: EARHART SQUARE GROUP LLC paid $2.58M ($164.10/SF) for a property with a grocery store, the former Save A Lot, and a second retail building at South Carrollton Avenue and Earhart Boulevard. Retail led...
The July 8, 2024 issue covers fifteen commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $8.08M in disclosed volume. The headline deal: EWP 2005 LLC paid $1.93M ($505.12/SF) for a retail building occupied by Em's Boutique at 246 Metairie Road at Stella Street in Metairie. Retail and industrial led the week with four sales each,...
The July 1, 2024 issue covers thirteen commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $14.4M in disclosed volume. The headline deal: 1544 MANHATTAN HOLDINGS LLC paid $3.4M ($234.51/SF) for a former Walgreens drug store property at 1544 Manhattan Boulevard in Harvey. Retail led the week with seven of the thirteen sales, including KEESLER FEDERAL...
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