The June 24, 2024 issue covers nine commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $4.74M in disclosed volume. The headline deal: 3045 RIDGELAKE LLC paid $2.15M ($170.82/SF) for a three-story office building at 3045 Ridgelake Drive at 20th Street in Metairie. Retail led the week with five of the nine sales, including an $899K...
The June 17, 2024 issue covers fourteen commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $5.69M in disclosed volume. The headline deal: AMS REAL ESTATE LLC paid $1.88M ($41.25/SF) for the former Park Place nursing home at 535 Commerce Street in Gretna. Office and industrial led the week with four sales each, including a $905K...
The June 10, 2024 issue covers fifteen commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $23.2M in disclosed volume. The headline deal: Haltere Fund VI, LLC, the California-based Haltere Group, paid $9.33M ($70,644/unit) for the Arbors on the Lake apartment complex at 10500 Hayne Boulevard. Retail led the week with six of the fifteen sales,...
The June 3, 2024 issue covers eight commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $7.41M in disclosed volume. The headline deal: PG REALTY PRO LLC, a local entrepreneur, paid $4.1M ($53,947/unit) for the Gilmore Park Apartments at 1315 Southlawn Boulevard near Delgado Community College on the West Bank. Retail and office led the week...
The May 27, 2024 issue covers ten commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $5.2M in disclosed volume. The headline deal: 3216 3304 WEST ESPLANADE LLC paid $2.8M ($170.94/SF) for the Petite Esplanade Shopping Center at 3216 and 3304 West Esplanade Avenue in Metairie. Retail led the week with three of the ten sales,...
The May 20, 2024 issue covers seven commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $3.88M in disclosed volume. The headline deal: BIG EASY INVESTMENTS LLC OF NEW MEXICO paid $1.93M ($234.76/SF) for a mixed-use property with a street-level restaurant space occupied by Daisy Dukes Cafe and three upper-floor apartments at 308 Saint Charles Avenue....
The May 13, 2024 issue covers nine commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $3.24M in disclosed volume. The headline deal: KIDS KINGDOM ACADEMY & DAYCARE LLC paid $874K ($295.47/SF) for its location at 2907 and 2909 Tulane Avenue, one of its two purchases that week. Retail and office led the week with three...
The May 6, 2024 issue covers six commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $3.59M in disclosed volume. The headline deal: GALVANIZED RE LLC, a local company, paid $1.55M ($94.46/SF) for two industrial buildings at 1521 Kuebel Street in the Elmwood Business Park. The six sales were split one each among industrial, multifamily, office,...
The April 29, 2024 issue covers eight commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $4.61M in disclosed volume. The headline deal: HANQI INVESTMENTS LLC, Gretna-based investors, paid $1.18M ($229.99/SF) for a mixed-use property at 1224 Decatur Street in the French Quarter. Retail led the week with three of the eight sales, including a former...
The April 22, 2024 issue covers fourteen commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $3.1M in disclosed volume. The headline deal: ELEMENTAL STYLE&STRUCTURE LLC paid $800K ($103.36/SF) for an industrial flex warehouse space at 301A Funston Street in Elmwood. Industrial led the week with six of the fourteen sales, while a Harvey-based investor, head...
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