Commercial Real Estate in Metairie and Jefferson Parish, Louisiana
A data-driven guide to Jefferson Parish's commercial real estate market — property inventory, sales trends by submarket, pricing data, and recent transactions tracked by ELIFIN's proprietary database.
ELIFIN is Louisiana's #1 commercial real estate brokerage by number of sales. Our specialized agents track every commercial transaction across Baton Rouge, New Orleans, and Lafayette — building a proprietary database of more than 59,000 commercial properties and 41,000 property owner contacts. That depth gives us an unmatched view of the commercial market across Jefferson Parish and the broader New Orleans metro.
Jefferson Parish is the commercial engine of the New Orleans metro's East Bank and Westbank suburbs. Anchored by Metairie's office and retail corridors, Kenner's airport-adjacent market, the Elmwood industrial hub, and the Westbank's value-driven inventory, the parish accounts for more than half of all commercial transactions in the metro each year. It is the most active parish in the New Orleans metro by transaction count, offering a diversified mix of retail, industrial, office, and multifamily properties at price points that attract both owner-occupants and investors.
Jefferson Parish by the Numbers
ELIFIN's database tracks every commercial property in Jefferson Parish — from strip-center retail along Veterans Boulevard to 100,000-square-foot office buildings in the Elmwood corridor. Here is the current scope of the market:
Source: ELIFIN proprietary database — Jefferson Parish. Dollar volume includes estimated market values for undisclosed-price transactions.
The parish's commercial inventory is led by two property types. Industrial properties — warehouses, distribution facilities, and flex buildings — make up the largest share with roughly 2,200 tracked properties and over 39 million square feet. Retail runs a close second with approximately 2,150 properties and nearly 20 million square feet, much of it concentrated along the Veterans Boulevard and West Esplanade corridors in Metairie. Office adds another 1,070 properties and 12.7 million square feet. Multifamily rounds out the core asset classes with 826 tracked properties measured by unit count rather than building square footage.
Property Type Inventory
| Property Type | Properties | Total SF | 2025 Sales | 2025 Volume |
|---|---|---|---|---|
| Industrial | 2,202 | 39,200,765 | 73 | $60,918,919 |
| Retail | 2,152 | 19,738,570 | 79 | $84,371,597 |
| Office | 1,073 | 12,725,717 | 58 | $62,603,398 |
| Multifamily | 826 | —* | 25 | $73,755,221 |
| All Other | 793 | 10,349,899 | 49 | $89,219,947 |
Source: ELIFIN proprietary database (inventory) and transaction database (2025 sales). *Multifamily properties are tracked by unit count rather than building square footage; hotels are tracked by room count. "All Other" includes land, hotel, specialty, self-storage, healthcare, mixed-use, and portfolio transactions.
Retail leads Jefferson Parish in 2025 transaction dollar volume at $84.4 million across 79 sales, reflecting the parish's deep inventory of strip centers, freestanding buildings, and restaurant properties. Multifamily punches above its property count — 25 transactions generated $73.8 million in volume, driven by several apartment complex sales exceeding $5 million. Office and industrial each contributed over $60 million.
Metro context: Jefferson Parish accounted for 284 of the New Orleans metro's 519 commercial sales in 2025 — nearly 55% of all transactions. While Orleans Parish generated higher total dollar volume ($476.8 million vs. $370.9 million), Jefferson Parish's higher transaction count reflects a more active, liquid market with consistent deal flow across all property types and price points.
Sales Trends: 2021–2025
ELIFIN has comprehensively tracked every commercial sale in Jefferson Parish since 2021. The data reveals a market with remarkably consistent transaction activity and strong pricing fundamentals:
| Year | Transactions | Dollar Volume | Median $/SF |
|---|---|---|---|
| 2021 | 259 | $321,195,491 | $95 |
| 2022 | 241 | $495,517,117 | $111 |
| 2023 | 251 | $299,961,613 | $110 |
| 2024 | 284 | $420,113,585 | $122 |
| 2025 | 284 | $370,869,082 | $114 |
Source: ELIFIN transaction database, Jefferson Parish. Dollar volume uses ELIFIN's estimated market value for undisclosed-price transactions. Median $/SF based on disclosed retail, office, and industrial transactions with building square footage data only — multifamily and hotel properties are excluded as those assets are measured by unit and room count.
Transaction counts have been remarkably stable — between 241 and 284 sales per year over the five-year period. Dollar volume peaked in 2022 at nearly $496 million, fueled by several large hotel and multifamily transactions, then settled into a range of $300 million to $420 million annually. Median price per square foot for retail, office, and industrial properties climbed roughly 20% from $95 in 2021 to $114 in 2025, with 2024 posting the highest median at $122 before a slight pullback the following year.
Submarkets Within Jefferson Parish
Jefferson Parish's commercial market is not monolithic — it is composed of four distinct submarkets, each with its own character, property mix, and buyer profile:
| Submarket | 2025 Transactions | 2025 Dollar Volume | Share of Volume |
|---|---|---|---|
| Metairie | 78 | $139,900,298 | 37.7% |
| Kenner | 54 | $73,971,176 | 19.9% |
| Westbank | 99 | $64,551,660 | 17.4% |
| Elmwood / Harahan | 13 | $20,038,281 | 5.4% |
| Other Jefferson Parish | 40 | $72,407,667 | 19.5% |
Source: ELIFIN transaction database, 2025. Westbank includes Harvey, Marrero, Gretna, Terrytown, and Westwego. "Other" includes River Ridge, Jefferson, Bridge City, and addresses listed under the broader New Orleans mailing designation within Jefferson Parish.
Metairie is Jefferson Parish's commercial center of gravity. The Veterans Boulevard and Causeway Boulevard corridors concentrate the parish's highest-value retail and office properties, and Metairie generated $139.9 million in dollar volume across 78 transactions in 2025 — more than the next two submarkets combined. Office properties led with $34.2 million in volume, followed by retail at $32.5 million and multifamily at $31.3 million.
Kenner benefits from its proximity to Louis Armstrong International Airport and the Williams Boulevard commercial corridor. The submarket produced $74.0 million in volume across 54 sales in 2025, anchored by a $21.2 million senior living community sale and a $7.3 million hotel acquisition on Williams Boulevard.
The Westbank — Harvey, Marrero, Gretna, Terrytown, and Westwego — collectively generated the highest transaction count of any submarket at 99 sales, though at a lower average price point ($652,000 average). This is Jefferson Parish's most active market for mid-market industrial, retail, and land transactions.
Elmwood and Harahan form the parish's concentrated industrial and corporate office corridor. Though only 13 transactions closed in 2025, the average deal size was $1.5 million — reflecting the larger-format office and industrial buildings that define this submarket. The largest was a $11.4 million, 104,167-square-foot office complex on Elmwood Park Boulevard.
Notable 2025 Transactions
The following sales illustrate the range of commercial deals closing across Jefferson Parish:
38,100 SF · Hotel · Jefferson Parish · December 2025
$25,000,000
Senior Living Community · Multifamily · Jefferson Parish · August 2025
$21,151,571
104,167 SF · Office General · Jefferson Parish · July 2025
$11,443,300
32,735 SF · Retail General · Jefferson Parish · October 2025
$5,900,000
Source: ELIFIN transaction database, 2025 disclosed sales
These transactions highlight the diversity of Jefferson Parish's commercial market: a major hotel acquisition on Veterans Boulevard, an institutional multifamily sale in Kenner, a large-format office deal in the Elmwood corridor, and a well-located retail building in the heart of Metairie. Across all four, the common thread is strong buyer demand in a parish with deep inventory and consistent deal flow.
How ELIFIN Serves Jefferson Parish
ELIFIN's approach to commercial real estate in Jefferson Parish is built on data and specialization, not generalist brokerage. Three things set us apart:
The Block System. ELIFIN divides every commercial corridor in the New Orleans metro into geographic "Blocks." Each Block is assigned to a specialized agent who knows every property, every owner, and every recent transaction in that territory. When you work with ELIFIN on a deal in Metairie, Kenner, or the Westbank, your agent has direct knowledge of the surrounding market — not a surface-level CMA pulled from a listing portal.
The Database. With 59,000+ commercial properties tracked, 41,000+ property owner contacts, and 5.4 million logged CRM activities, ELIFIN's platform captures opportunities before they reach the open market. In Jefferson Parish alone, we track over 7,000 commercial properties — giving our clients access to off-market inventory that other brokerages simply cannot see.
Metro-Wide Reach. Jefferson Parish doesn't exist in a vacuum. Our agents cover the entire New Orleans metro — Orleans Parish, Jefferson Parish, St. Tammany Parish — plus Baton Rouge and Lafayette. That cross-market perspective helps buyers compare opportunities and sellers reach the widest pool of qualified prospects. Browse current listings or contact our team to discuss your next transaction.
Know what your property is worth. Whether you're actively considering a sale or just want to understand your property's position in today's market, ELIFIN can provide a data-backed valuation grounded in real comparable sales — not generic algorithms. With every commercial sale in Jefferson Parish tracked since 2021, we can show you exactly how your property compares to recent transactions in your submarket. Request a free valuation to see the numbers.
Frequently Asked Questions
How large is the Jefferson Parish commercial real estate market?
ELIFIN's database tracks more than 7,000 commercial properties in Jefferson Parish totaling over 94 million square feet. This includes retail, industrial, office, multifamily, and specialty properties spread across Metairie, Kenner, the Westbank communities, and the Elmwood corridor.
What are the major commercial submarkets in Jefferson Parish?
Jefferson Parish has four primary commercial submarkets. Metairie is the largest by transaction volume, home to the parish's densest concentration of office and retail properties along Veterans Boulevard and Causeway Boulevard. Kenner anchors the western end of the parish near Louis Armstrong International Airport. The Westbank communities — Harvey, Marrero, Gretna, and Terrytown — collectively form a significant market with nearly 100 commercial sales in 2025. The Elmwood corridor near Harahan is the parish's industrial and office hub.
How much does commercial property cost in Jefferson Parish?
In 2025, the median disclosed sale price per square foot for retail, office, and industrial property in Jefferson Parish was approximately $114, with wide variation by property type and submarket. Office and retail properties along Veterans Boulevard in Metairie command higher prices per square foot, while industrial buildings and Westbank properties typically transact at lower per-foot values. Multifamily and hotel properties are evaluated on a per-unit or per-room basis rather than per square foot. The average disclosed transaction price across all property types was approximately $1.25 million.
Is Jefferson Parish a good market for commercial real estate investment?
Jefferson Parish has maintained strong commercial transaction activity, averaging over 270 sales per year since 2021 with annual dollar volume ranging from $300 million to nearly $500 million. The parish benefits from its central position in the New Orleans metro, proximity to the airport, a diversified property mix, and generally lower price points than Orleans Parish — making it attractive to both owner-occupants and investors.
How do I buy or sell commercial property in Metairie or Jefferson Parish?
ELIFIN tracks every commercial sale in Jefferson Parish and maintains a proprietary database of more than 59,000 commercial properties and 41,000 property owner contacts across South Louisiana. Our specialized agents use targeted marketing and off-market deal sourcing — not generic listing portals. If you're considering a sale or want comparable sales data to evaluate your options, request a free property valuation to see where your property stands in the current market.
Thinking About Selling Your Jefferson Parish Property?
With 284 commercial sales totaling $370.9 million in 2025 alone, Jefferson Parish remains one of Louisiana's most active markets. ELIFIN's proprietary transaction data can show you exactly where your property stands — what comparable buildings have sold for, how pricing has trended, and whether now is the right time to sell.
Get a Free Property ValuationData disclaimer: Transaction data reflects ELIFIN's proprietary database of recorded commercial property sales. Dollar volume figures include ELIFIN's estimated market values for transactions with undisclosed sale prices. Individual highlighted transactions reflect disclosed prices only. Data is subject to revision as additional transactions are recorded and verified.