News

Shopping center on Ambassador Caffery sold for 5.8mm

The June 9, 2025 issue covers ten commercial sales recorded across Lafayette the previous week, totaling $18.7M in disclosed volume. The headline deal: WAX FAIRVIEW LLC, a California-based company, paid $5.8M ($68.67/SF) for a Shoppers Value-anchored neighborhood center at the corner of Ambassador Caffery Parkway and Dulles Drive. Retail and land each accounted for three of the ten sales, as...

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Roux 61 property sold to Baton Rouge Orthopaedic Clinic

The June 9, 2025 issue covers sixteen commercial sales recorded across Baton Rouge and Ascension the previous week, totaling $11.1M in disclosed volume. The headline deal: BROC Real Estate Development LLC, Baton Rouge Orthopaedic Clinic's real estate arm, paid $3.05M ($281.63/SF) for the Roux 61 restaurant property on Bluebonnet Boulevard. Retail led the week with five of the sixteen sales,...

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Metairie Centre sells for 8.18mm

The June 2, 2025 issue covers eight commercial sales recorded across Lafayette the previous week, totaling $12M in disclosed volume. The headline deal: METAIRIE YOUNGSVILLE LLC and EAT METAIRIE YOUNGSVILLE LLC paid $8.18M ($246.14/SF) for the Metairie Centre retail property on Centre Sarcelle Boulevard in Youngsville. Industrial led the week with five of the eight sales, including a property next...

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Dollar General property sells on Downman Road

The June 2, 2025 issue covers eight commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $3.27M in disclosed volume. The headline deal: 6500 DOWNMAN INVESTMENT LLC paid $560K ($62.04/SF) for a Dollar General-occupied retail property at 6500 Downman Road in New Orleans. Retail led the week with four of the eight sales, including a retail...

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Two psychiatric facilities sell for 15.7mm

The June 2, 2025 issue covers fifteen commercial sales recorded across Baton Rouge and Ascension the previous week, totaling $22.6M in disclosed volume. The headline deal: Seaside Healthcare RE PHP LLC, New Jersey-based investment company The Graph Group, paid $8.43M ($167.58/SF) for a psychiatric facility on Greenwell Springs Port Hudson Road. Retail led the week with six of the fifteen...

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1.8-acre parcel near Whole Foods sells for 1 million

The May 26, 2025 issue covers seven commercial sales recorded across Lafayette the previous week, totaling $9.77M in disclosed volume. The headline deal: K SOLV BROUSSARD LLC, a Texas-based entity, paid $6.7M ($197.57/SF) for a collection of industrial buildings and land parcels off Highway 90 in Broussard. Land led the week with four of the seven sales, including more than...

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Ted’s Frostop in Uptown sells

The May 26, 2025 issue covers ten commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $7.31M in disclosed volume. The headline deal: CANSECO PROPERTIES JEFFERSON LLC paid $2.5M ($51.55/SF) for the Azalea Gardens Shopping Center at 3615 Jefferson Highway. Retail led the week with six of the ten sales, including an auto service center at...

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299-unit apartment complex sold for undisclosed price

The May 26, 2025 issue covers eleven commercial sales recorded across Baton Rouge and Ascension the previous week, totaling $11M in disclosed volume. The headline deal: MCP Stable 3110 College Drive Baton Rouge LLC, a Texas-based investor, paid $2.72M ($502.91/SF) for the Capital One Bank property, an outparcel to the Walmart on College Drive. Retail and land led the week...

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Wright Group buys industrial property for 5.5mm

The May 19, 2025 issue covers four commercial sales recorded across Lafayette the previous week, totaling $9M in disclosed volume. The headline deal: TWG SERVICING COMPANY INC, The Wright Group, paid $5.5M ($150.09/SF) for an industrial-flex property on Beau Pre Road in the Pilette area. All four sales were industrial, including a newly constructed warehouse in the Garber Industrial Park...

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Tractor Supply buys land in Prairieville

The May 19, 2025 issue covers seven commercial sales recorded across Baton Rouge and Ascension the previous week, totaling $3.86M in disclosed volume. The headline deal: Tractor Supply Company paid $1.01M ($5.27/Land SF) for a 4.3+ acre parcel of commercial land adjacent to Oak Grove Market on Louisiana Highway 42 in Prairieville. Land, retail and industrial accounted for two sales...

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