The Pulse

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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Embassy Suites on Constitution Ave sold

The December 19, 2022 issue covers nine commercial sales recorded across Baton Rouge the previous week. The headline deal: Montecristo Cigar Bar & Bistro LLC, the restaurant and bar's owner, bought its property on Howell Boulevard near the Baton Rouge airport. Retail led the week with six of the nine sales, including two Domino's Pizza restaurants, on Plank Road and...

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Holiday Inn Express near MSY Airport sells

The December 12, 2022 issue covers eight commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: VIVEK&JAY LA LLC, a local investor, bought the 105-room Holiday Inn Express - Kenner New Orleans Airport on 32nd Street in the Highway Park area. Mixed-use and retail each accounted for two of the eight sales, including two...

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Vacant Sherwood Forest bank property sells

The December 12, 2022 issue covers nine commercial sales recorded across Baton Rouge the previous week. The headline deal: Baton Rouge Vet Center LLC, an Illinois-based investor, bought the former Neighbors Credit Union at South Sherwood Forest Boulevard and Market Place Avenue. Retail and industrial led with three sales each, including a convenience store at Burbank Drive and East Boyd...

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Hobby Lobby purchases historic building on Magazine Street

The December 5, 2022 issue covers ten commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: NATIONAL RETAIL PROPERTIES LP, a Maryland-based corporation, bought the approximately 13,653 SF Walgreens building on Lapalco Boulevard in Harvey. Office led the week with three of the ten sales, including a roughly 10-unit office property on Severn Avenue,...

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In new construction at local Catholic church

The December 5, 2022 issue covers seven commercial sales recorded across Baton Rouge the previous week. The headline deal: Hidden Oaks Owner LLC, for New York-based real estate investment firm CLK Properties, bought the Hidden Oaks at Siegen, a 312-unit apartment complex on Siegen Lane. Multifamily and retail led with two sales each, including the former Sears Auto Center at...

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Former Hancock Whitney on Industriplex sells

The November 28, 2022 issue covers four commercial sales recorded across Baton Rouge the previous week. The headline deal: AGP Investments LLC, a local investor, bought a former bank branch on Industriplex Boulevard. Land accounted for two of the four sales, including a commercially zoned tract near Prescott Road and Plank Road bought by The Baton Rouge Water Works Company,...

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Land sold near MSY Airport

The November 28, 2022 issue covers seven commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: YANG QI HOLDINGS LLC bought 8.94 acres of land on Howard Avenue next to the B.W. Cooper area. Land, retail and multifamily each accounted for two of the seven sales, including 3.26 acres zoned for general commercial across...

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80 unit apartment complex sold to NY investors

The November 21, 2022 issue covers ten commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: PLAZA PARK TARA LN LLC, a group of New York-based investors, bought an 80-unit apartment complex in the West Lake Forest area. Multifamily and industrial each accounted for three of the ten sales, including a three-building, 12-unit property...

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Two Geaux Clean car wash locations sold

The November 21, 2022 issue covers fourteen commercial sales recorded across Baton Rouge the previous week. The headline deal: Perkins Rowe Owner LLC, for New York multifamily investment firm Avid Realty Partners, bought the Terraces at Perkins Rowe, the 226-unit apartment complex at Perkins Rowe. Land and retail led with four sales each, as developer Brian Dantin bought commercially zoned...

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