The February 5, 2024 issue covers sixteen commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $11.1M in disclosed volume. The headline deal: BUTTERFIELDS BUTTER LLC paid $2.7M ($330.60/SF) for a mixed-use property at 201 Decatur Street, at the corner of Iberville Street in the French Quarter. Retail and industrial led the week with five sales...
The January 29, 2024 issue covers seven commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $3.27M in disclosed volume. The headline deal: AMERICAN NATIONAL RED CROSS paid $1.45M ($148.26/SF) for an office building at 4140 Williams Boulevard in Kenner near the Pontchartrain Convention Center. Office led the week with three of the seven sales, including...
The January 22, 2024 issue covers nine commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $16M in disclosed volume. The headline deal: 2233 EIGHTH LLC, an Indiana-based entity, paid $5.32M for the Maison De'ville Nursing Home at 2233 8th Street in Harvey. Retail led the week with four of the nine sales, including an entity...
The January 15, 2024 issue covers thirteen commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $18M in disclosed volume. The headline deal: 1020 MANHATTAN LLC, an Indiana-based entity, paid $5.17M ($166.18/SF) for the former West Jefferson Health Care Center property at 1020 Manhattan Boulevard in Harvey. Retail led the week with five of the thirteen...
The January 8, 2024 issue covers twelve commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $24.7M in disclosed volume. The headline deal: TENTH WHEEL LLC, a Mandeville-based investor, paid $16M for a large area of industrial land with multiple industrial buildings at 4839 Orleans Way along Bayou Barataria in Crown Point. Industrial and multifamily led...
The January 1, 2024 issue covers seven commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $7.76M in disclosed volume. The headline deal: GRETNA CITY OF, the City of Gretna, paid $5.34M ($17,265/unit) for a hotel property at 100 Westbank Expressway in Gretna. Mixed-use and multifamily led the week with two sales each, including a local...
The December 25, 2023 issue covers sixteen commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $23.4M in disclosed volume. The headline deal: GRAY MEDIA GROUP INC, based in Atlanta, paid $10M ($280.48/SF) for 3900 Howard Avenue, an office and television studio built in 2014 that will be home to WVUE Fox 8. Retail led the...
The December 18, 2023 issue covers ten commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $8.13M in disclosed volume. The headline deal: D&J PETERS ROAD PROPERTIES LLC paid $2M ($104.31/SF) for the former Chevron Harvey Terminal, an industrial property with two buildings on 7-plus acres at 1075 Peters Road in Harvey. Industrial led the week...
The December 11, 2023 issue covers seven commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $1.99M in disclosed volume. The headline deal: 2502 MAGNOLIA ST LLC paid $800K ($40.93/SF) for an industrial warehouse property at 2502 Magnolia Street in the Central City area. Retail, land and office led the week with two sales each, including...
The December 4, 2023 issue covers four commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $5.01M in disclosed volume. The headline deal: NEW ORLEANS WOMEN & CHILDRENS SHELTER INC paid $2.8M ($93,333/unit) for the newly renovated Lucky Inn Motel at 2625 Iberville Street. The four sales were split one each among hospitality, retail, multifamily and...
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