The Pulse: New Orleans

IHeart Media building sold in Downtown

The October 3, 2022 issue covers three commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: NEW ORLEANS PROPERTY PARTNERS LLC, a Florida-based investment group, bought the three-story, 17,765 SF iHeart Media Building on a 0.76-acre lot with 60 parking spaces in the Central Business District. Specialty properties made up two of the three...

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Tulane renovation permits total 59 million

The September 26, 2022 issue covers four commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: HEARTBREAK BEAT LLC, a local investment group, bought a two-story building with 1,973 SF of retail space on Magazine Street in the Lower Garden District. Retail led the week with three of the four sales, including a 13-space...

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Historic Avenue Pub property sold

The September 19, 2022 issue covers six commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: 4041 MAGAZINE OWNER LLC bought a 1,632 SF restaurant space on a 0.19-acre lot on Magazine Street in the Uptown area. Retail led the week with four of the six sales, including the historic Avenue Pub in the...

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Whole Foods on Magazine St Sold

The September 12, 2022 issue covers four commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: DK WFNO LLC, a New York-based group, bought the Whole Foods Market, 30,300 SF of retail space on 1.65 acres on Magazine Street near Audubon Park. The other three sales were multifamily, including 818 Bourbon Street, a three-story...

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Martin Behrman schoolhouse property sold

The September 5, 2022 issue covers five commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: LOVING SCHOOL FACILITY L L C, a non-profit, bought the Martin Behrman schoolhouse property, about 120,000 SF on a 1.9-acre lot on Opelousas Avenue in Algiers Point. Mixed-use and retail each accounted for two of the five sales,...

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7 Sales plus 3 Million Dollar renovation at Baptist Theological Seminary

The August 29, 2022 issue covers seven commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: VERSAI INVESTMENT GROUP LLC, a local investment group, bought a 13-unit, three-building gated apartment compound with a pool on Baronne Street in Central City. Multifamily led the week with three of the seven sales, while a Hamdan family...

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Old Holy Cross Campus Sold plus Benson group buys Bourbon St building

The August 22, 2022 issue covers six commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: 6200 ST CHARLES LLC, a group of local investors, bought a two-story, 13,836 SF historic church on St. Charles Avenue a block off Audubon Park. Retail led the week with four of the six sales, while a local...

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Cypress Trace Apartments and French Quarter Multifamily

The August 15, 2022 issue covers six commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: PIVOT EVENTS LLC, a Gretna-based group, bought a six-unit multifamily property on Saint Peter Street in the French Quarter. Multifamily, office and retail each accounted for two of the six sales, including a 5,139 SF office building in...

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220-Unit Apartment Complex and Magazine Street Restaurant Sold

The August 8, 2022 issue covers seven commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: LEGACY COMMERCIAL VENTURES LLC bought a 15-unit office complex totaling 19,560 SF on Behrman Place in Algiers. Retail led the week with three of the seven sales, including a 2,802 SF veterinarian clinic on North Rampart Street, while...

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Emeril Lagasse Purchase and Chickie Wah Wah Music Venue Sold

The August 1, 2022 issue covers seven commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: ST BERNARD NURSING & REHAB PROPCO LLC, a Baton Rouge group, bought a 51,264 SF nursing home facility on Cadillac Street next to City Park. Retail led the week with three of the seven sales, including the Chickie...

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