The Pulse: New Orleans

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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Magazine Street retail building sells

The March 20, 2023 issue covers nine commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: FORTY ELEVEN LLC bought a two-story retail building at 4011 Magazine Street in the Touro area. Retail and industrial led the week with three sales each, including Hamdan Sons Investments' purchase of a former Midas Auto Repair property...

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Your Weekly Sales plus Elifin named Company of Year by Business Report

The March 13, 2023 issue covers eleven commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: TERRYTOWN RESIDENCES LLC, local investor Imad Hamdan, bought the 304-unit Louisburg Square Apartments at 608 Farmington Place and 1960 Daniels Road in the Terrytown/Gretna area. Industrial led the week with four of the eleven sales, while Hamdan also...

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11-Unit Boutique Hotel in Uptown sells

The March 6, 2023 issue covers twelve commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: CMP 1 LLC bought three adjoining parcels with three multifamily buildings totaling eight units on Adams Street. Retail led the week with six of the twelve sales, while Chicago-based investors bought a recently updated 11-unit boutique hotel on...

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96-Unit TownePlace Suites by Marriott sells

The February 27, 2023 issue covers four commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: GOVERNMENT ENTERPRISES LLC bought 0.15 acres of C-1 zoned land at 4534 Belle Drive in the Pontchartrain Shores area of Metairie. The four sales were split among land, specialty, office and hospitality properties, including a Mississippi-based investor's purchase...

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