The November 28, 2022 issue covers seven commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $16.1M in disclosed volume. The headline deal: YANG QI HOLDINGS LLC paid $12.5M ($32.09/Land SF) for 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...
The November 21, 2022 issue covers ten commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $10.9M in disclosed volume. The headline deal: PLAZA PARK TARA LN LLC, a group of New York-based investors, paid $6.1M ($76,250/unit) for an 80-unit apartment complex in the West Lake Forest area. Multifamily and industrial each accounted for three of...
The November 14, 2022 issue covers fifteen commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $9.89M in disclosed volume. The headline deal: SHORE CAPITAL REAL ESTATES PARTNERS HOLDCO LLC, a Chicago-based real estate company, paid $2.67M ($276/SF) for a 9,665 SF retail property on David Drive in the Lelia Place area. Industrial led the week...
The November 7, 2022 issue covers ten commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $10.6M in disclosed volume. The headline deal: 801 PATTERSON OWNER LLC, a local investment group, paid $2.8M ($186,667/unit) for a 15-unit garden apartment property in the French Quarter near the historic French Market. Multifamily and office each accounted for three...
The October 31, 2022 issue covers eleven commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $42.9M in disclosed volume. The headline deal: CBT INVESTORS LLC, a Covington-based investment group, paid $38M ($226,190/unit) for the California Building, a ten-story building with first-floor retail and 167 residential units on Tulane Avenue in the Central Business District. Multifamily,...
The October 24, 2022 issue covers two commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $560K in disclosed volume. The headline deal: FRANKLIN SB LLC, a local investment group, paid $560K ($280,000/unit) for a two-unit, 6,898 SF retail property on 0.5 acres on Franklin Avenue in the Milneburg area. The week's other sale was the...
The October 17, 2022 issue covers six commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $4.9M in disclosed volume. The headline deal: MID CITY LANDMARK LLC paid $1.6M ($446/SF) for the Liuzza's Restaurant and Bar property, a two-story 3,586 SF building on 0.27 acres in Mid-City. Retail made up two of the six sales, with...
The October 10, 2022 issue covers four commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $5.7M in disclosed volume. The headline deal: SQ 582 HOLDINGS LLC, a local investor, paid $3.1M ($44/SF) for nearly a full city block of industrial warehouse buildings totaling 71,196 SF on 1.9 acres on North Alexander Street in Mid-City. Industrial...
The October 3, 2022 issue covers three commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $4.76M in disclosed volume. The headline deal: NEW ORLEANS PROPERTY PARTNERS LLC, a Florida-based investment group, paid $3.58M ($201/SF) for the three-story, 17,765 SF iHeart Media Building on a 0.76-acre lot with 60 parking spaces in the Central Business District....
The September 26, 2022 issue covers four commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $1.13M in disclosed volume. The headline deal: HEARTBREAK BEAT LLC, a local investment group, paid $825K ($418/SF) for a two-story building with 1,973 SF of retail space on Magazine Street in the Lower Garden District. Retail led the week with...
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