The Pulse: New Orleans

New Medical office sells

The May 29, 2023 issue covers fourteen commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: NEW ORLEANS MILITARY AND MARITIME ACADEMY INC bought its own campus and additional property at 2405 Sanctuary Drive in the Whitney area of Algiers. Office, multifamily and retail led the week with three sales each, while a California-based...

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Large retail property in Terrytown sells

The May 15, 2023 issue covers ten commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: AVILA PROPERTIES LLC bought a large retail property at 2703 Belle Chasse Highway. Retail led the week with five of the ten sales, including JADES NAIL BAR LLC's purchase of a retail property on Magazine Street in Uptown,...

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Former Army National Guard facility sells

The May 8, 2023 issue covers twelve commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: 4200 MICHOUD LLC, an entity led by Barry Kern, bought the former Army National Guard facility on 12.185 acres at 4200 Michoud Boulevard in the Michoud area. Retail led the week with four of the twelve sales, including...

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32 Unit Texas Motel in Shrewsbury sells

The May 1, 2023 issue covers eleven commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: HARVEY GULF INTERNATIONAL MARINE LLC bought the 32-unit Texas Motel at 3520 Airline Drive in the Shrewsbury area of Metairie. Industrial and land led the week with three sales each, while a former two-unit residential condo property on...

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Lakeshore Chrysler Dodge Jeep RAM on W Esplanade sells

The April 17, 2023 issue covers nine commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: PIAZZA ROSICA S; PIAZZA NICHOLAS L SR bought two adjacent fourplexes at 2204 Idaho Avenue in the Lisa Park area of Kenner. Retail led the week with four of the nine sales, including a two-unit retail space on...

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268-Unit American Can mixed use development sells

The April 10, 2023 issue covers ten commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: ST.JOHN GARDEN DISTRICT HOUSE, LLC, California-based investors, bought a Garden District church with historic ties to the 1840s at 2930 Camp Street. Mixed-use and industrial led the week with three sales each, including an Uptown property with two...

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IHOP in Harvey area sells

The April 3, 2023 issue covers ten commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: MDC ASSOCIATES L L C bought a retail property at 735 Elysian Fields Avenue in the Marigny. Retail led the week with five of the ten sales, including Hamdan Sons Investments LLC's purchase of an IHOP restaurant location...

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Famous Uptown Pascal’s Manale Restaurant sells

The March 27, 2023 issue covers eleven commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: TEJANI HOLDINGS LOUISIANA LLC, Vinton, Louisiana-based investors, bought a two-building property with the former Jubilee Casino and a truck stop, gas station and restaurant at 15200 Chef Menteur Highway in the Venetian Isles area. Industrial led the week...

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