The Pulse: New Orleans

Three Shell gas stations sell to a Texas-based investor

The September 25, 2023 issue covers nineteen commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: KMHSHELL LLC, Luling, Texas-based investors, bought the Shell gas station and convenience store at 3206 Williams Boulevard in the Highway Park area, one of three acquisitions. Retail led the week with eight of the nineteen sales, including the...

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The Prytania Park Hotel sells to local investor

The September 18, 2023 issue covers seventeen commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: DREAMING TREE INVESTMENTS LLC, a local investment entity, bought the 59-unit Prytania Park Hotel at 1525 Prytania Street in the Lower Garden District, in one of five transactions. Office led the week with five of the seventeen sales,...

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LeBrane’s Creole purchases their building in Westwego

The September 11, 2023 issue covers eight commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: JNO ENTERPRISES LLC bought a multifamily property at 116 Marguerite Road in the Marguerite Place area near the Saints practice facility off Airline Drive. Retail led the week with three of the eight sales, including LeBrane's Creole Cuisine...

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Office and parking lot sold in CBD

The September 4, 2023 issue covers five commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: 2712 ATHANIA LLC bought an office building with an adjacent parking lot at 844 Baronne Street in the CBD. The five sales were split one each among office, industrial, multifamily, land and retail, including an industrial property on...

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Colonial Shopping Centre sells in Harahan

The August 28, 2023 issue covers eight commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: JEFFERSON ONE SAI PROPERTY LLC bought the Colonial Shopping Center at 7335 Jefferson Highway in Harahan. Retail led the week with seven of the eight sales, including the Charvet's Garden Center property on Clearview Parkway and the Dickory...

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Retail Center sells in St. Claude

The August 21, 2023 issue covers nine commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: WOODMERE DAYCARE L L C, a Harvey-based investor, bought a 14-unit multifamily property at 8520 Hickory Street in the Leonidas area. Retail led the week with four of the nine sales, including a Minnesota-based entity's purchase of an...

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Gretna office building sells

The August 14, 2023 issue covers seven commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: GRETNA OFFICE COMPLEX LLC bought an office building at 2550 Belle Chasse Highway in Gretna. Office and retail led the week with two sales each, while the Greystone Manor Apartments on Houma Boulevard sold and a former bank...

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Medical property sold to NY investor

The August 7, 2023 issue covers ten commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: SMBC LEASING AND FINANCE INC, a New York-based entity, bought an office property occupied by Fresenius Kidney Care at 2908 General De Gaulle Drive in the Behrman area. Office and multifamily led the week with three sales each,...

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Algiers Plaza shopping center sells

The July 31, 2023 issue covers eight commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: ALGIERS PLAZA, LLC, a California-based entity, bought the Algiers Plaza shopping center at 4100 General De Gaulle Drive. Multifamily led the week with four of the eight sales, including a local investor's purchase of three duplexes on Louisiana...

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Huntington Park apartments sell

The July 24, 2023 issue covers nine commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: Huntington Park 23 LLC, a Northeastern-based investor, bought the Huntington Park apartments at 7019 Crowder Boulevard in the Little Woods area. Retail led the week with five of the nine sales, while an investor bought 1.5-plus acres with...

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