The January 30, 2023 issue covers four commercial sales recorded across Baton Rouge the previous week. The headline deal: HIV/Aids Alliance for Region Two (HAART), Inc, a local HIV/AIDS healthcare organization, bought the former Farm Bureau headquarters on Airline Highway. Land accounted for two of the four sales, including a downtown parking lot on Laurel Street next to Visit Baton...
January 24, 2023 – ELIFIN®, a commercial real estate brokerage firm with national ambitions, is excited to announce the opening of its office in the New Orleans-Metairie MSA. “Not only will we be better able to serve our existing clients that have a footprint here, but we plan on implementing ELIFIN®’s ultra-specialist model that has been so well received by commercial...
The January 23, 2023 issue covers eleven commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: NATIONAL WORLD WAR II MUSEUM INC bought a 15,000 SF multi-use warehouse space on Magazine Street in the Warehouse District. Retail led the week with five of the eleven sales, including the 4,444 SF historic restaurant/retail space in...
The January 23, 2023 issue covers eight commercial sales recorded across Baton Rouge the previous week. The headline deal: OVGS LLC, a local investor, bought the former Albertsons at Oak Villa Boulevard and Greenwell Springs Road. Retail led the week with three of the eight sales, including the former Sammy's Grill in Central, bought by the owners of Ichiban Sushi,...
The January 16, 2023 issue covers two commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: Panayas J Dikeou as trustee of the PM Trust, Colorado-based investors, bought a 5,400 SF industrial space on West 27th Street in the Crestview Office & Industrial Park area. The week's other sale was a 16-unit multifamily property...
The January 16, 2023 issue covers nine commercial sales recorded across Baton Rouge the previous week. The headline deal: Placid Refining Company LLC bought a downtown office building at 402 Laurel Street and a nearby parking lot. Office and retail led with two sales each, including the former McDonald's at West Lee Drive and Burbank Drive, bought by Car Wash...
DOWNLOAD FULL REPORT (PDF) The East Baton Rouge Parish commercial real estate sales market ended 2022 with 531 recorded sales totaling $1.175 billion in transaction volume. That is 5 fewer transactions than 2021 and $165 million more in volume. Like in 2021, Multifamily sales in 2022 saw the most volume with $511 million transacted (43%) and Industrial saw the least with $58.7...
The January 9, 2023 issue covers thirteen commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: 1000 HOWARD LLC, Lafayette-based investors, bought the 1000 Howard Building on Howard Avenue, 12 stories plus basement with 84,466 SF of office space. Mixed-use led the week with five of the thirteen sales, including the former Ronald McDonald...
The January 9, 2023 issue covers eleven commercial sales recorded across Baton Rouge the previous week. The headline deal: F2MV LLC, for M & L Industries, bought an industrial property on North Reiger Road for the company's new Baton Rouge location. Retail led the week with four of the eleven sales, including car washes on Airline Highway and Coursey Boulevard...
The January 2, 2023 issue covers three commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: ARTSCAPE APARTMENTS LLC, an organization led by William Shane, Jr., bought the former Golden Key apartment complex, 93 units in the Hessmer Farms area of Metairie. The other two sales were retail: a 3,540 SF multi-unit space on...
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