The April 15, 2024 issue covers four commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $1.38M in disclosed volume. The headline deal: WASTE PRO OF LOUISIANA INC paid $475K ($57.82/SF) for an industrial property at 850 Kenner Avenue, just south of the Airport in Kenner. Industrial led the week with three of the four sales,...
The April 8, 2024 issue covers twelve commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $8.6M in disclosed volume. The headline deal: R&M PROPERTIES 3131 ELYSIAN FIELDS LLC paid $4.85M ($326.64/SF) for the Cox retail location at 3131 Elysian Fields Avenue, bought as an investment property. Industrial led the week with five of the twelve...
The April 1, 2024 issue covers seven commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $3.01M in disclosed volume. The headline deal: BEVOLO GAS & ELECTRIC LIGHTS LLC paid $1.1M ($220,000/unit) for a commercial property at 520 Conti Street in the French Quarter. Land led the week with three of the seven sales, including 0.3-plus...
The March 25, 2024 issue covers seven commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $73.9M in disclosed volume. The headline deal: FC HARVEY LLC paid $65M ($180,556/unit) for The Waters at Manhattan, a 360-unit multifamily property at 1499 Central Park Boulevard in Harvey. Multifamily and office led the week with two sales each, including...
The March 18, 2024 issue covers thirteen commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $5.82M in disclosed volume. The headline deal: EXCELTH INC, a primary health care company, paid $1.33M ($39.18/SF) for its location at 4422 General Meyer Avenue in Algiers, adjacent to Edna Karr High School. Industrial led the week with five of...
The March 11, 2024 issue covers thirteen commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $6.12M in disclosed volume. The headline deal: 1332 ESPLANADE AVE LLC paid $1.13M ($187,500/unit) for a six-unit multifamily property at 1332 Esplanade Avenue in Tremé. Industrial led the week with six of the thirteen sales, including Caluda's Cottage Catering's $965K...
The March 4, 2024 issue covers nine commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $6.21M in disclosed volume. The headline deal: ADAM AND MOE LLC, a Gretna-based investor, paid $1.8M ($473.68/SF) for a convenience store property with a parking lot at 3200 Saint Claude Avenue. Retail led the week with three of the nine...
The February 26, 2024 issue covers five commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $28.4M in disclosed volume. The headline deal: ATHLOS ACADEMY OF JEFFERSON paid $27.5M ($305.56/SF) for its charter school property at 979 Behrman Highway in Terrytown. Retail accounted for two of the five sales, including Goody's Seafood, a retail grocery on...
The February 19, 2024 issue covers seven commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $7.99M in disclosed volume. The headline deal: CROWN ENTERPRISES LLC, a Michigan-based commercial real estate development entity, paid $4.92M ($251.28/SF) for a truck terminal at 12169 Old Gentilly Road, one of eight properties it bought through Yellow Trucking's bankruptcy bidding...
The February 12, 2024 issue covers ten commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $5.61M in disclosed volume. The headline deal: JMRV SUPERIOR INVESTMENTS LLC, a California-based investor, paid $1.95M ($62,903/unit) for a mobile home park at 7500 Chef Menteur Highway in the Viavant/Venetian Isles area. Office led the week with four of the...
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