News

Ochsner Health Center Location Sold to Florida Firm

The July 25, 2022 issue covers nine commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: PARADISE CAY APARTMENTS LLC, a Florida-based firm, bought the more than 58,000 SF Ochsner Health Center on Allen Toussaint Boulevard in the Filmore area. Retail led the week with three of the nine sales, including a Dallas firm's...

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ALDI Grocery Buys Lot at Siegen and I-10

The July 25, 2022 issue covers eleven commercial sales recorded across Baton Rouge the previous week. The headline deal: Aldi Inc, the German-based grocery store chain, bought a lot at Siegen Lane and I-10 near the Siegen Lane Village Shopping Center. Land led the week with three of the eleven sales, including a vacant lot on Airline Highway near McClelland...

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Commercial Sales Report – June 2022

DOWNLOAD FULL REPORT (PDF) The commercial real estate market is again on pace to break the $1 billion mark in transaction volume for 2022. After the first 6 months of 2022, there have been 280 transactions totaling $614.1mm in transaction volume. Multifamily continues to experience the highest transaction volume at $302.8mm, accounting for 49.3% of the total. The number of...

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Apartment Sale to Virginia Firm

The July 18, 2022 issue covers six commercial sales recorded across Baton Rouge the previous week. The headline deal: BR1 Holdings LLC, a Virginia-based firm, bought The Bradshaw apartment complex on July Street near LSU's North Gates. Multifamily led with two of the six sales, including the 187-unit Jefferson Shadows Apartments near Jefferson Highway and Bluebonnet Boulevard, bought by Florida-based...

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Tulane Purchases Full City Block

The July 18, 2022 issue covers six commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: ADMINISTRATORS OF THE TULANE EDUCATIONAL FUND bought a full block totaling 1.89 acres, with two buildings and a parking lot, on Canal Street in the Storyville area. Retail and land each accounted for two of the six sales,...

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Sale Transactions Recorded Last Week and Permit Data

The July 11, 2022 issue covers six commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: 1629 Washington, a local investor, bought a 25-unit complex on Washington Avenue, a block off St. Charles Avenue. Multifamily and retail each accounted for three of the six sales, including two fourplexes in the Tremé neighborhood, while the...

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Triplet’s Blue Store Purchases Lot and Hooper Pointe Apartments Sold

The July 11, 2022 issue covers sixteen commercial sales recorded across Baton Rouge the previous week. The headline deal: 4888 Hooper Road LA LLC, California-based investors, bought Hooper Pointe Apartments near Hooper Road and Plank Road. Multifamily led the week with five of the sixteen sales, including the 72-unit Edgewood Place Apartments off Plank Road, bought by a Brooklyn-based investor,...

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Dawson Creek Apartments and Mason’s Grill Sold

The July 4, 2022 issue covers thirteen commercial sales recorded across Baton Rouge the previous week. The headline deal: RK Dawson Park DST, for California-based multifamily investment company RK Properties, bought Dawson Park Apartments, a four-story, 155-unit complex on Picardy Avenue in the health district. Multifamily, retail and industrial each accounted for three sales, including a Popeyes off Main Street...

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New Community Retail Center At Conway To Feature Upscale Wine Bar & Restaurant

June 28, 2022 - Baton Rouge, LA – Currently under construction, Conway Village Center is scheduled to open later in 2022 and will feature several retail suites for businesses seeking proximity to the 344-acre, master-planned community Conway. Situated at the entrance to Conway and fronting Highway 44, this community retail center will create a welcoming atmosphere for visitors and is conveniently...

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Raising Cane’s Purchase and Brooklyn Firm Buys Four Apartment Complexes

The June 27, 2022 issue covers fourteen commercial sales recorded across Baton Rouge the previous week. The headline deal: Howell Village LLC, for Gulf Coast Housing Partnership Inc, bought a 47-acre vacant lot on 72nd Avenue near Plank Road and Airline Highway. Land and multifamily led with four sales each, as Brooklyn-based Skyward BR Equities LLC bought all four apartment...

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