The December 16, 2024 issue covers eleven commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: RAZZ HALILI TRUST bought a fishing charter and lodging property at 5057 Kenal Road in Lafitte, a purchase by a Texas-based restaurateur. Retail led the week with three of the eleven sales, including the former Uptown Delivery Pharmacy...
The December 16, 2024 issue covers seven commercial sales recorded across Lafayette the previous week. The headline deal: MAGGIE CONCEPT INC bought a convenience store with a gas station at the intersection of Southwest Evangeline Thruway and East Pinhook Road. Retail, industrial and land each accounted for two of the seven sales, while Kouryhill Properties LLC bought a downtown office...
Overall Dollar Volume is down 7.52% The trailing 12 month total dollar volume of sales was $318.9M at the end of Nov 2024 vs. $344.8M at the end of the prior month. Overall Deal Velocity is down 7.25% The trailing 12 month sale count was 307 at the end of Nov 2024 vs. 331 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/12/Market-Report-Lafayette-LA-November-2024.pdf" attachment_id="13527"...
Overall Dollar Volume is up 3.39% The trailing 12 month total dollar volume of sales was $832.0M at the end of Nov 2024 vs. $804.7M at the end of the prior month. Overall Deal Velocity is up 1.76% The trailing 12 month sale count was 521 at the end of Nov 2024 vs. 512 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/12/Market-Report-New-Orleans-LA-November-2024.pdf" attachment_id="13534"...
Overall Dollar Volume is up 5.74% The trailing 12 month total dollar volume of sales was $435.7M at the end of Nov 2024 vs. $412.0M at the end of the prior month. Overall Deal Velocity is up 3.58% The trailing 12 month sale count was 347 at the end of Nov 2024 vs. 335 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/12/Market-Report-Baton-Rouge-LA-November-2024.pdf" attachment_id="13532"...
The December 9, 2024 issue covers five commercial sales recorded across Lafayette the previous week. The headline deal: BRAEDEN INDUSTRIES LLC bought an industrial warehouse property on Dairy Lane in Broussard. Industrial led the week with three of the five sales, including a warehouse on more than two acres on East Pinhook Road that Second Harvest Food Bank bought next...
The December 9, 2024 issue covers ten commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: AB&LD PROPERTIES LLC bought a property at 10 Commerce Court in Elmwood with 7520 SF of industrial warehouse space and 4838 SF of office space. Office and land led the week with three of the ten sales each,...
The December 9, 2024 issue covers fifteen commercial sales recorded across Baton Rouge and Ascension the previous week. The headline deal: Highway 23 LLC, a New Orleans area-based entity, bought the CVS Pharmacy property on Government Street. Office and industrial led the week with four sales each, including a medical office building just outside the OLOL campus that sold, while...
The December 2, 2024 issue covers one commercial sale recorded across Lafayette the previous week, with the price withheld. The week's only deal: FTF LA 3424 W PINHOOK RD LLC bought a newly constructed service station at 3425 West Pinhook Road. No other commercial sales were recorded in Lafayette that week....
The December 2, 2024 issue covers seven commercial sales recorded across Baton Rouge and Ascension the previous week. The headline deal: 12301 Coursey LLC, local real estate investor Michael Diveincenti, Jr., bought a two-story office building on Coursey Boulevard. Office accounted for two of the seven sales, while a 0.8+ acre outparcel in the shopping center anchored by the newly...
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