The Pulse: New Orleans

Land sells on Elmwood Park

The July 10, 2023 issue covers thirteen commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: JEFFERSON PARISH EMPLOYEES FEDERAL CREDIT UNION bought nearly an acre of vacant commercial land at 1090 Elmwood Park Boulevard in the Elmwood Industrial Park area. Land, multifamily and office led the week with three sales each, while a...

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Investors purchase 31 acres in Segnette Park area

The July 3, 2023 issue covers seven commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: Ulloa Street LLC bought a 20-unit multifamily property at 3841 Ulloa Street in the Tulane/Gravier area. Multifamily led the week with three of the seven sales, while vacant commercial land at the corner of Jefferson Highway and Shrewsbury...

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Bella Plaza retail center sells to local investors

The June 26, 2023 issue covers eight commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: WEM REALTY LLC bought an office property at 4412 Trenton Street in the Pontchartrain Garden area. Retail led the week with three of the eight sales, including FAST STOP REALTY LLC's purchase of the Bella Plaza retail strip...

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Palmetto Apartments sold

The June 19, 2023 issue covers five commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: Palmetto Apartments LLC, a Hamdan Sons Investments-led entity, bought a large multifamily property at 3801 Joliet Street in the Dixon area. Multifamily and office led the week with two sales each, including office properties on South Carrollton Avenue...

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124 Acres in Bridge City sold

The June 12, 2023 issue covers nine commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: SEVEN OAKS INVESTMENTS LLC, an Eddie Hamdan-led entity, bought 124-plus acres with an industrial building and facility at 500 Seven Oaks Boulevard in the Bridgeview Park area of Bridge City. Retail led the week with three of the...

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274 Unit Oakmont of Algiers sell

The June 5, 2023 issue covers thirteen commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: ZURQUI LLC, Baton Rouge-based investors, bought the Oakmont of Algiers apartment complex at 2200 Westbend Parkway in the Behrman area, one of three sales that week from the same bankruptcy proceeding. Retail led the week with five of...

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New Medical office sells

The May 29, 2023 issue covers fourteen commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: NEW ORLEANS MILITARY AND MARITIME ACADEMY INC bought its own campus and additional property at 2405 Sanctuary Drive in the Whitney area of Algiers. Office, multifamily and retail led the week with three sales each, while a California-based...

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Large retail property in Terrytown sells

The May 15, 2023 issue covers ten commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: AVILA PROPERTIES LLC bought a large retail property at 2703 Belle Chasse Highway. Retail led the week with five of the ten sales, including JADES NAIL BAR LLC's purchase of a retail property on Magazine Street in Uptown,...

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Former Army National Guard facility sells

The May 8, 2023 issue covers twelve commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: 4200 MICHOUD LLC, an entity led by Barry Kern, bought the former Army National Guard facility on 12.185 acres at 4200 Michoud Boulevard in the Michoud area. Retail led the week with four of the twelve sales, including...

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