The Pulse: New Orleans

Extra Space Storage facility sells

The March 31, 2025 issue covers thirteen commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: EXTRA SPACE PROPERTIES TWO LLC bought the Extra Space Storage facility at 4866 Tchoupitoulas Street near F&M's Patio Bar. Land led the week with five of the thirteen sales, including two former school sites in Harvey bought by...

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Luxury apartments sell

The March 24, 2025 issue covers nine commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: 2651 POYDRAS LLC bought the 250-unit Marquis Luxury Apartments at Poydras Street and South Broad Street. Multifamily and retail led the week with three of the nine sales each, including an 18-unit multifamily property on North Hullen Street...

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Arbor Place Apartments sell

The March 17, 2025 issue covers ten commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: ARBOR PLACE LLC bought the 136-unit Arbor Place Apartments at 735 Heritage Avenue in Terrytown. Retail led the week with four of the ten sales, including the Petco-occupied portion of the Algiers Plaza shopping center, bought by a...

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Restaurant and bar portfolio sells

The March 10, 2025 issue covers four commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: AREA 55 LLC bought a retail strip center at 4704 Veterans Memorial Boulevard in Metairie. Retail and industrial split the week with two of the four sales each, including a local investor's purchase of a portfolio of four...

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New Orleans Center for Creative Arts sells to State of LA

The March 3, 2025 issue covers eight commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: STATE OF LOUISIANA bought the New Orleans Center for Creative Arts facility at 2831 Chartres Street. Retail led the week with four of the eight sales, including a former dry cleaners in the Timberlane area of Gretna that...

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Ruth’s Chris property on Veterans sells

The February 24, 2025 issue covers twelve commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: 1770 TCHOUPITOULAS, INC. bought a mixed-use property of three buildings, including an apartment complex and a storage facility, at 1770 Tchoupitoulas Street. Retail led the week with four of the twelve sales, including the Ruth's Chris Steakhouse property...

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Historic Madame X Mansion sells

The February 17, 2025 issue covers seven commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: MADAME X LLC bought the historic Madame X Mansion, featuring seven apartments, at 927 Toulouse Street in the French Quarter. Industrial and retail led the week with two of the seven sales each, including an industrial property near...

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292-Unit hotel sells in Kenner

The February 10, 2025 issue covers five commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: KENNER HOLDINGS LLC bought the 292-room Clarion Hotel New Orleans - Airport & Conference Center at 2829 Williams Boulevard in Kenner. The other four sales were one each of industrial, mixed-use, multifamily and land, including a pair of...

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Former Perino’s Seafood property sells

The February 3, 2025 issue covers eleven commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: PREMIUM RENTALS LLC bought a 12-unit apartment complex at 112 Glenn Street in Metairie, with eight 1BR/1BA units and four 2BR/1BA units. Retail led the week with four of the eleven sales, including the former Perino's Seafood property...

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Industrial properties sell in Kenner

The January 27, 2025 issue covers two commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: Future Property Investments, LLC bought an industrial property at 2225 Fayette Street within the Crestview Office & Industrial Park in Kenner. Industrial and land split the week with one sale each, as the same buyer also bought an...

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