The April 3, 2023 issue covers thirty-eight commercial permits issued in Baton Rouge the previous week and three Planning Commission cases. The cases included The Village at Magnolia Woods, a proposed rezoning to a Planned Unit Development for a mixed-use development with low- and medium-density residential and commercial/office uses, along with a rezoning to let Gov't Taco serve alcohol in...
The April 3, 2023 issue covers ten commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: MDC ASSOCIATES L L C bought a retail property at 735 Elysian Fields Avenue in the Marigny. Retail led the week with five of the ten sales, including Hamdan Sons Investments LLC's purchase of an IHOP restaurant location...
DOWNLOAD FULL REPORT (PDF) Overall Dollar Volume is down 2.67%. The trailing 12 month total dollar volume of sales was $1.133B at the end of Feb 2023 vs. $1.164B at the end of the prior month. Overall Deal Velocity is steady. The trailing 12 month sale count was 530 at the end of Feb 2023. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2023/03/Market-Report-Baton-Rouge-LA-February-2023-ELIFIN.pdf" attachment_id="7228" viewer_width=100% viewer_height=800px fullscreen=true download=true print=true]...
The March 27, 2023 issue covers eleven commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: TEJANI HOLDINGS LOUISIANA LLC, Vinton, Louisiana-based investors, bought a two-building property with the former Jubilee Casino and a truck stop, gas station and restaurant at 15200 Chef Menteur Highway in the Venetian Isles area. Industrial led the week...
The March 27, 2023 issue covers nine commercial sales recorded across Baton Rouge the previous week. The headline deal: Big Boss Perkins LLC, a local investor, bought the Circle K on Perkins Road. Retail led the week with three of the nine sales, including a convenience store near LSU's North Gates bought by Big Boss Nicholson LLC and the Dollar...
The March 20, 2023 issue covers nine commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: FORTY ELEVEN LLC bought a two-story retail building at 4011 Magazine Street in the Touro area. Retail and industrial led the week with three sales each, including Hamdan Sons Investments' purchase of a former Midas Auto Repair property...
The March 20, 2023 issue covers twelve commercial sales recorded across Baton Rouge the previous week. The headline deal: JM Test RE Acquisition LLC, for Chicago-based business investment firm Kanbrick, bought JM Test Systems' facility on Tom Drive as part of Kanbrick's purchase of the company. Industrial and office led with four sales each, while local investors bought the Sherwood...
The March 13, 2023 issue covers eleven commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: TERRYTOWN RESIDENCES LLC, local investor Imad Hamdan, bought the 304-unit Louisburg Square Apartments at 608 Farmington Place and 1960 Daniels Road in the Terrytown/Gretna area. Industrial led the week with four of the eleven sales, while Hamdan also...
The March 13, 2023 issue covers seven commercial sales recorded across Baton Rouge the previous week. The headline deal: FIDC 131 LLC, for Ohio-based Cocca Development, bought the former Lancaster House location on Hooper Road in Central. Retail led the week with three of the seven sales, including the Chicken Shack at Scotland Avenue and Scenic Highway, bought by the...
The March 6, 2023 issue covers twelve commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: CMP 1 LLC bought three adjoining parcels with three multifamily buildings totaling eight units on Adams Street. Retail led the week with six of the twelve sales, while Chicago-based investors bought a recently updated 11-unit boutique hotel on...
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