The Pulse: New Orleans

Estella’s Home retail property sells

The September 30, 2024 issue covers seven commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: FRISCO ESTELLE LLC bought the Estella's Home property at the intersection of Frisco Avenue and Metairie Road in Metairie. Land led the week with three of the seven sales, including a pair of parcels totaling 3.2+ acres near...

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Crowder Retail Center sells

The September 23, 2024 issue covers eight commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: 5790 CROWDER LLC, a Houston-based entity, bought the Crowder Retail Center at 5790 Crowder Boulevard in the West Lake Forest area. Mixed-use, industrial and land properties each accounted for two of the eight sales, including a Magazine Street...

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Bourbon Street building sells for undisclosed price

The September 16, 2024 issue covers two commercial sales recorded across New Orleans and surrounding markets the previous week, both with prices withheld. The headline deal: CREDC BOURBON STREET LLC bought a commercial property at 429-433 Bourbon Street in the French Quarter. Both sales were recorded as retail, the other being a multi-tenant retail property within a larger shopping center...

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Bank of Louisiana building sells in the CBD

The September 9, 2024 issue covers eleven commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: TT 104 LLC (James Marine, Inc., a barge services company operating in Louisiana and Kentucky) bought an industrial barge servicing facility at Nine Mile Point on River Road in Westwego. Retail led the week with four of the...

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Former OnPath Federal Credit Union properties sell

The September 2, 2024 issue covers five commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: FNLR OFCU LLC (Fortress Investment Group) bought a former OnPath Federal Credit Union location at 5508 Citrus Boulevard in New Orleans. Office led the week with three of the five sales, as the same buyer bought a second...

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Hollywood Park Apartments sell

The August 26, 2024 issue covers thirteen commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: 4000 HOLLYWOOD APARTMENTS LLC, a Hamdan Sons Investments entity, bought the 70-unit Hollywood Park Apartments at 4000 Westbank Expressway in Marrero. Retail led the week with five of the thirteen sales, including the Manhattan Seafood & Meat Market...

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Two former Jefferson Parish school sites sell

The August 19, 2024 issue covers ten commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: River Ridge Maisonettes, LLC bought a 20-unit multifamily property at 10542 Jefferson Highway in River Ridge. Office and land led the week with three of the ten sales each, and NXU INVESTMENTS LLC bought two former elementary school...

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International School of Louisiana purchases campus in St Roch

The August 12, 2024 issue covers eleven commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: INTERNATIONAL SCHOOL OF LOUISIANA bought a school property at 2518 Arts Street in St. Roch, a purchase arising out of the bankruptcy proceedings for the Encore Learning Academy. Office led the week with three of the eleven sales,...

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Volunteers of America purchase Canal St office

The August 5, 2024 issue covers twenty commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: VOLUNTEERS OF AMERICA SOUTHEAST LOUISIANA INC bought the Financial Planning Center office property at 2475 Canal Street. Retail led the week with eight of the twenty sales, including the Jefferson Orleans North event venue in Metairie, bought by...

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Napoleon medical office building sells

The July 29, 2024 issue covers nine commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: VPU NEW ORLEANS LLC bought the Napoleon Medical Office Building on Napoleon Avenue, across the street from Ochsner. Retail led the week with three of the nine sales, including the Regions Bank drive-thru location on East William David...

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