The December 2, 2024 issue covers seven commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: SOUTHWEST REGION CONFERENCE ASSOCIATION OF SEVENTH ADVENTISTS bought a 4+ acre parcel of land at 15 Lake Forest Boulevard near the Audubon Louisiana Nature Center. Land, office and retail properties each accounted for two of the seven sales,...
The November 25, 2024 issue covers five commercial sales recorded across Lafayette the previous week. The headline deal: TIDES PROPERTIES LLC bought an office property at the corner of Heymann Boulevard and Travis Street. Office and industrial properties each accounted for two of the five sales, while FPLJ LLC bought a 1.4-acre parcel near the Acadiana Mall and Logue Investments...
The November 25, 2024 issue covers nine commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: CLEARVIEW GROUP PROPERTIES LLC bought a multi-tenant office property adjacent to Lakeside Hospital at 4770 South I-10 Service Road West in Metairie. Retail led the week with five of the nine sales, including a commercial property at South...
The November 25, 2024 issue covers thirteen commercial sales recorded across Baton Rouge and Ascension the previous week. The headline deal: Getty Leasing, New York-based real estate investment firm Getty Realty, bought the 7Brew coffee chain property on Essen Lane. Retail and industrial led the week with four sales each, while the owner of SERVPRO of East Baton Rouge bought...
The November 18, 2024 issue covers three commercial sales recorded across Lafayette the previous week. The headline deal: ROMERO, CLAYTON A bought more than 3.4 acres of land on West Pinhook Road in Broussard. The week's other two sales were a self-serve car wash off West Willow Street and an industrial property on Northeast Evangeline Thruway bought by GW Real...
The November 18, 2024 issue covers five commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: All Star Properties, LLC bought a NNN-leased industrial portfolio, with one property at 16 West 23rd Street in Kenner and the other in Lafayette. Industrial led the week with two of the five sales, including a Kenner warehouse...
The November 18, 2024 issue covers nine commercial sales recorded across Baton Rouge and Ascension the previous week. The headline deal: Priceco West LC bought a 47+ acre parcel of land on South Burnside Avenue in Gonzales. Land and industrial led the week with three sales each, including the Hexion industrial-chemical property in Geismar, bought by an Ames, Iowa-based entity,...
Overall Dollar Volume is down 2.44% The trailing 12 month total dollar volume of sales was $344.8M at the end of Oct 2024 vs. $353.5M at the end of the prior month. Overall Deal Velocity is up 3.76% The trailing 12 month sale count was 331 at the end of Oct 2024 vs. 319 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/11/Market-Report-Lafayette-LA-October-2024.pdf" attachment_id="13296"...
Overall Dollar Volume is up 2.53% The trailing 12 month total dollar volume of sales was $804.7M at the end of Oct 2024 vs. $784.9M at the end of the prior month. Overall Deal Velocity is up 2.2% The trailing 12 month sale count was 512 at the end of Oct 2024 vs. 501 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/11/Market-Report-New-Orleans-LA-October-2024.pdf" attachment_id="13294"...
Overall Dollar Volume is down 3% The trailing 12 month total dollar volume of sales was $412.0M at the end of Oct 2024 vs. $424.8M at the end of the prior month. Overall Deal Velocity is down 4.01% The trailing 12 month sale count was 335 at the end of Oct 2024 vs. 349 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/11/Market-Report-Baton-Rouge-LA-October-2024.pdf" attachment_id="13297"...
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