The February 10, 2025 issue covers five commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $10.5M in disclosed volume. The headline deal: KENNER HOLDINGS LLC paid $7.25M ($24,829/unit) for the 292-room Clarion Hotel New Orleans - Airport & Conference Center at 2829 Williams Boulevard in Kenner. The other four sales were one each of industrial,...
The February 3, 2025 issue covers eleven commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $5.81M in disclosed volume. The headline deal: PREMIUM RENTALS LLC paid $1.24M ($103,333/unit) for a 12-unit apartment complex at 112 Glenn Street in Metairie, with eight 1BR/1BA units and four 2BR/1BA units. Retail led the week with four of the...
The February 3, 2025 issue covers four commercial sales recorded across Lafayette the previous week, totaling $1.61M in disclosed volume. The headline deal: LAFAYETTE PROPERTY HOLDINGS LLC paid $675K ($73.83/SF) for an industrial property on General Mouton Avenue near University Avenue. Industrial accounted for two of the four sales, while Acadiana Outreach Center, Inc. acquired the Lamar Apartments, a six-unit...
The February 3, 2025 issue covers eleven commercial sales recorded across Baton Rouge and Ascension the previous week, totaling $7.72M in disclosed volume. The headline deal: Grigsby Properties LLC paid $1.95M ($133.53/SF) for an industrial property with showroom and warehouse space on Airline Highway near the Airline Highway Park. Retail led the week with four of the eleven sales, including...
The January 27, 2025 issue covers three commercial sales recorded across Baton Rouge and Ascension the previous week, totaling $1.43M in disclosed volume. The headline deal: Drs McCulloh LLC paid $1.15M ($160.36/SF) for a medical office building in the American Plaza office complex on O'Neal Lane. The other two sales were a retail property at North Burnside Avenue and East...
The January 27, 2025 issue covers two commercial sales recorded across Lafayette the previous week, totaling $1.06M in disclosed volume. The headline deal: MFTA INVESTMENTS LLC paid $910K ($113.75/SF) for an industrial warehouse property on Machine Loop in Scott. Both sales were industrial, with Square Business Auto Fabrication, LLC acquiring an industrial property on North Pierce Street near the Evangeline...
The January 27, 2025 issue covers two commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $550K in disclosed volume. The headline deal: Future Property Investments, LLC paid $500K ($125.00/SF) for an industrial property at 2225 Fayette Street within the Crestview Office & Industrial Park in Kenner. Industrial and land split the week with one sale...
The January 20, 2025 issue covers seven commercial sales recorded across Lafayette the previous week, totaling $3.27M in disclosed volume. The headline deal: WHC LLC paid $1.66M ($55.42/SF) for a large, two-story office building on West Pinhook Road in Broussard. Office led the week with three of the seven sales, while Rovin K International acquired a gas station/convenience store on...
The January 20, 2025 issue covers ten commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $28.1M in disclosed volume. The headline deal: LOCAL ON SEVERN LLC (The Medve Group, a Texas-based property management company) paid $17.7M ($109,627/unit) for The Local on Severn, a 161-unit multifamily property at 3409 Severn Avenue in Metairie. Multifamily led the...
The January 20, 2025 issue covers eight commercial sales recorded across Baton Rouge and Ascension the previous week, totaling $9.78M in disclosed volume. The headline deal: Central City Of, the City of Central, paid $5.7M ($0.37/Land SF) for 356+ acres of land between Wax Road and Hooper Road. Retail led the week with three of the eight sales, including the...
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