The Pulse: New Orleans

Texas company acquires shopping center for 11.5mm

The March 16, 2026 issue covers ten commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $21.2M in disclosed volume. The headline deal: CASH AMERICA INC OF LOUISIANA, a Texas-based company, paid $11.6M ($110.01/SF) for a shopping center property on Airline Drive in Metairie. Retail made up four of the 10 sales, a former furniture store...

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St Vincent de Paul property sells

The March 9, 2026 issue covers ten commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $4.9M in disclosed volume. The headline deal: MARILLAC COMMUNITY HEALTH CENTERS paid $2.9M ($140.10/SF) for a two-story office property on Canal Street occupied by St Vincent de Paul. Multifamily made up three of the 10 sales, including a 10-unit property...

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Gordon McKernan-led entity purchases Jefferson Financial building

The March 2, 2026 issue covers eight commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $4.48M in disclosed volume. The headline deal: 115-117 FOCIS STREET LLC paid $1.5M ($307.57/SF) for a multi-tenant retail property near Metairie Road. Industrial made up four of the eight sales, three of them warehouses near the airport in Kenner, and...

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Former Light City Church property sold

The February 23, 2026 issue covers three commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $1.23M in disclosed volume. The headline deal: FORGIVEN THE EVANGELISTIC MINISTRY OF MELONIE PICHON paid $750K ($17.31/SF) for the former Light City Church religious facility on Saint Claude Avenue. The other two sales were a $250K retail property on Chef...

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Vacant land near airport sold

The February 16, 2026 issue covers eight commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $2.48M in disclosed volume. The headline deal: GARDENS ON THE CORNER LLC paid $700K ($77,778/unit) for a 9-unit multifamily property at Prytania and Melpomene streets. Land made up five of the eight sales, as a local business owner bought three...

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Dmac’s Bar & Grill property sold

The February 9, 2026 issue covers seventeen commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $8.07M in disclosed volume. The headline deal: LEGACY 555 LLC paid $478K ($95.86/SF) for D'Mac's Bar & Grill in Mid-City. The week's largest sale was a newly renovated office property on Saint Thomas Street at $1.6M, and retail made up...

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Le Pavilion luxury hotel sells

The February 2, 2026 issue covers six commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $7.96M in disclosed volume. The headline deal: 3701 US 90 PROPERTY OWNER LLC paid $5.1M ($35,915/unit) for a self-storage property next to Snow Hilton Park on Highway 90 in Avondale. Industrial properties made up three of the six sales, and...

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Poydras Tower sold

The January 26, 2026 issue covers eighteen commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $6.72M in disclosed volume. The headline deal: THWG LLC paid $1.53M ($96.57/SF) for an industrial property in Metairie's Labarre Business Park. Multifamily made up five of the 18 sales, as San Antonio-based LYND acquired four apartment complexes totaling 1,512 units...

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French Quarter building sells for 4mm

The January 19, 2026 issue covers fourteen commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $24.6M in disclosed volume. The headline deal: GRANDBRIDGE HOLDINGS LLC paid $13.7M ($284.90/SF) for a two-story retail property on Veterans Memorial Boulevard in Metairie. Retail made up seven of the 14 sales, and a French Quarter mixed-use property on Iberville...

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Fleurty Girl acquires new flagship location

The January 12, 2026 issue covers nineteen commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $24.3M in disclosed volume. The headline deal: BC JEFFERSON LLC paid $5.23M ($389.48/SF) for a Walgreens property on Jefferson Highway. Retail made up 10 of the 19 sales, including a $4.8M Aspen Dental-anchored retail property on Veterans Memorial Boulevard in...

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