The Pulse: New Orleans

Magnolia Mansion in Garden District sells

The February 20, 2023 issue covers ten commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: 2515-21 CHARTRES LLC bought the 11-unit Lions Inn Bed & Breakfast on Chartres Street in the Marigny, bought in two separate transactions. Retail led the week with three of the ten sales, while DUKE LANA bought a 2,403...

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Gretna convenience store sells

The February 13, 2023 issue covers nine commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: HALO 17 LLC bought a convenience store and gas station property at 101 Westbank Expressway in Gretna. Retail led the week with five of the nine sales, while Mississippi-based GOLDIN PROPERTIES INC bought a 16,400 SF industrial space...

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St. Bakhita Apartments in Marrero sell

The February 6, 2023 issue covers fourteen commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: LUCKY SEVEN LLC, an Anthony Marullo and Bradley Jongbloed investment team, bought a two-story, 32,740 SF retail center with 14 units at 8814 Veterans Memorial Boulevard in the Westgate area. Retail and multifamily led the week with four...

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Esplanade Mall in Kenner sells

The January 30, 2023 issue covers fourteen commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: PACIFICA KENNER LLC, an Illinois-based developer, bought the Esplanade Mall on West Esplanade Avenue in Kenner. Retail led the week with ten of the fourteen sales, including five properties bought as part of an Anthony Marullo and Bradley...

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WWII Museum purchases 15,000 sf warehouse on Magazine Street

The January 23, 2023 issue covers eleven commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: NATIONAL WORLD WAR II MUSEUM INC bought a 15,000 SF multi-use warehouse space on Magazine Street in the Warehouse District. Retail led the week with five of the eleven sales, including the 4,444 SF historic restaurant/retail space in...

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Multi-million dollar renovation permit for CrescentCare Health

The January 16, 2023 issue covers two commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: Panayas J Dikeou as trustee of the PM Trust, Colorado-based investors, bought a 5,400 SF industrial space on West 27th Street in the Crestview Office & Industrial Park area. The week's other sale was a 16-unit multifamily property...

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Howard Tower sells

The January 9, 2023 issue covers thirteen commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: 1000 HOWARD LLC, Lafayette-based investors, bought the 1000 Howard Building on Howard Avenue, 12 stories plus basement with 84,466 SF of office space. Mixed-use led the week with five of the thirteen sales, including the former Ronald McDonald...

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Golden Key Apartments sell

The January 2, 2023 issue covers three commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: ARTSCAPE APARTMENTS LLC, an organization led by William Shane, Jr., bought the former Golden Key apartment complex, 93 units in the Hessmer Farms area of Metairie. The other two sales were retail: a 3,540 SF multi-unit space on...

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Former Our Lady of Lourdes Sanctuary sold

The December 26, 2022 issue covers seven commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: 2400 NAPOLEON AVENUE LLC, a group of local investors, bought the historic former Our Lady of Lourdes Catholic Church Sanctuary, 11,889 SF on Napoleon Avenue in the Freret area. Retail led the week with three of the seven...

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Large medical facility on Poydras sold

The December 19, 2022 issue covers nine commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: MIURA LLC, a local investor, bought a three-story, six-unit luxury apartment building on Natchez Street in the Central Business District. Retail led the week with three of the nine sales, including a New York-based group's purchase of a...

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