The Pulse

Hotel investors purchase two hotels

The January 29, 2024 issue covers eight commercial sales recorded across Lafayette the previous week. The headline deal: OM SHANTI OM TWELVE LLC, for hotel investment group Om Shanti Om LLC, bought the Home2 Suites within the Parc Lafayette Center on Kaliste Saloom Road. Industrial led the week with three of the eight sales, including two Highway 90 East properties...

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American National Red Cross purchases office

The January 29, 2024 issue covers seven commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: AMERICAN NATIONAL RED CROSS bought an office building at 4140 Williams Boulevard in Kenner near the Pontchartrain Convention Center. Office led the week with three of the seven sales, including a newly renovated three-story office next to the...

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Former Sammy’s Grill location in Prairieville sells

The January 29, 2024 issue covers eight commercial sales recorded across Baton Rouge and Ascension the previous week. The headline deal: Lloyd Properties, LLC, Cornerstone Flooring, bought a building at the corner of Oak Villa Boulevard and South Choctaw Drive for its headquarters. Industrial and retail led the week with three sales each, including the former Sammy's Grill location on...

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36+ acres near Verot School Rd sell

The January 22, 2024 issue covers seven commercial sales recorded across Lafayette the previous week. The headline deal: CAMELLIA VENTURE LLC bought two adjacent parcels of 8+ and 28+ acres where East Bluebird Drive dead-ends near Camellia Boulevard and Verot School Road. Land led the week with four of the seven sales, while MC Bank & Trust bought the mixed-use...

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Nursing home in Harvey sells

The January 22, 2024 issue covers nine commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: 2233 EIGHTH LLC, an Indiana-based entity, bought the Maison De'ville Nursing Home at 2233 8th Street in Harvey. Retail led the week with four of the nine sales, including an entity led by a New Orleans-based visual artist...

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Government Street building sells for 222 PSF

The January 22, 2024 issue covers four commercial sales recorded across Baton Rouge and Ascension the previous week. The headline deal: Wong Assets LLC, local investors, bought a Mid City office building on Government Street. Office and industrial accounted for two sales each, as Reeb Rigging bought an industrial property on Bern Drive near its main facility on Rome Drive...

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West Jefferson Health Care Center property in Harvey sells

The January 15, 2024 issue covers thirteen commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: 1020 MANHATTAN LLC, an Indiana-based entity, bought the former West Jefferson Health Care Center property at 1020 Manhattan Boulevard in Harvey. Retail led the week with five of the thirteen sales, including a restaurant property with a rear...

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Local investor purchases industrial portfolio

The January 8, 2024 issue covers twelve commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: TENTH WHEEL LLC, a Mandeville-based investor, bought a large area of industrial land with multiple industrial buildings at 4839 Orleans Way along Bayou Barataria in Crown Point. Industrial and multifamily led the week with three sales each, while...

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