31 Aug Florida-based charter school company purchases land

A weekly update on the commercial real estate landscape of The Northshore.

Eleven commercial sales closed on the Northshore the week of August 31, 2026, totaling $18.7M in disclosed volume. The headline deal: Red Apple at St Tammany Upper LLC, a Florida-based charter school company, paid $6.2M ($7.00/Land SF) for a 20+ acre parcel on South Ochsner Boulevard in Covington, expanding next to property acquired earlier in 2026. Office, land, and multifamily assets dominated the week, with institutional healthcare and regional operators capturing multiple properties across the market.

Commercial Sales Recorded Last Week

70700 S Ochsner Blvd, Covington, LA 70433

Type: Land
Price: $6,226,466 ($7.00 / Land SF)
Buyer: RED APPLE AT ST TAMMANY UPPER LLC
Elifin’s Notes: A Florida-based Charter School company purchases a 20+ acre parcel of land next to a tract they purchased earlier this year situated near Oschner.

2750 Gause Blvd E, Slidell, LA 70461

Type: Office
Price: $5,000,000 ($234.76 / SF)
Buyer: OCHSNER CLINIC FOUNDATION
Elifin’s Notes: Oschner purchases their health center location in Slidell.

Parcel B St Tammany St, Madisonville, LA 70447

Type: Land
Price: $2,400,000 ($52.98 / Land SF)
Buyer: RIVERFRONT VILLAGE LLC
Elifin’s Notes: Neighboring restaurant owners purchase an acre tract of land in Madisonville along the Tchefuncte River.

4650 Hwy 22, Mandeville, LA 70471

Type: Office
Price: $1,700,000 ($450.33 / SF)
Buyer: DIAZ REALTY INVESTMENTS LLC
Elifin’s Notes: A former credit union property on 2.3 acres changes ownership on Highway 22.

200 Gause Blvd, Slidell, LA 70458

Type: Office
Price: $720,000 ($103.51 / SF)
Buyer: JD BANK
Elifin’s Notes: A bank property changes hands on Gause Boulevard.

Tract 2-A W Church St, Hammond, LA 70401

Type: Land
Price: $656,000 ($3.72 / Land SF)
Buyer: COBURN SUPPLY CO INC
Elifin’s Notes: A 4+ acre parcel of commercial land sells on West Church Street.

504 Pecan St, Hammond, LA 70401

Type: Multifamily
Price: $600,000 ($26,087 / Unit)
Buyer: LJM INVESTMENTS LLC
Elifin’s Notes: The Pecan Grove Apartments sell in Hammond.

Tract 1 Hwy 25, Covington, LA 70435

Type: Land
Price: $425,000 ($2.36 / Land SF)
Buyer: JSB HWY 25 LLC
Elifin’s Notes: A 4+ acre parcel of land sells fronting on Highway 25.

19193 Sister’s Rd, Ponchatoula, LA 70454

Type: Land
Price: $400,000 ($0.12 / Land SF)
Buyer: ALEXANDER, STEPHEN PAUL
Elifin’s Notes: A 76+ acre parcel of land sells on Sister’s Road.

3775 Pontchartrain Dr, Slidell, LA 70458

Type: Retail
Price: $300,000 ($67.95 / SF)
Buyer: S & S 3775 PDR LLC
Elifin’s Notes: An automotive repair property sells on Pontchartrain Drive.

1924 Hwy 22, Madisonville, LA 70447

Type: Land
Price: $275,000 ($5.74 / Land SF)
Buyer: LOWRY, SHERYL ANN
Elifin’s Notes: A 1+ acre parcel of land sells on Highway 22.

Commercial Permits Issued Last Week

Sale records included based on the following parameters: Building and commercial land sales with a sales price that is either withheld or greater than or equal to $100,000. Multifamily sales greater than or equal to 5 units. Sale must be an arm’s length transaction (between unrelated parties). Best efforts are made to provide complete and reliable information, but accuracy is not guaranteed and the reader bears the responsibility to verify the accuracy of such information prior to forwarding it, utilizing it, or relying on it in any way.