The October 7, 2024 issue covers eleven commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $16.5M in disclosed volume. The headline deal: Housing Authority of New Orleans paid $6.23M ($194,531/unit) for a 32-unit multifamily complex at 821 Washington Avenue. Retail led the week with five of the eleven sales, including the corner property featuring Monday...
The October 7, 2024 issue covers eight commercial sales recorded across Baton Rouge and Ascension the previous week, totaling $4.96M in disclosed volume. The headline deal: Florida - 11512 Lake Sherwood 2 LLC, Pittsburgh-based Orbital Engineering, paid $1.55M for an office on American Way just off South Sherwood Forest Boulevard. Office led the week with five of the eight sales,...
The Land Market is steady as she goes, so Fabian Edwards and Jacob Loveland have a fun question for Peter Laville: [embed]https://youtube.com/shorts/Vs9AuYS97vE[/embed] Check out the Market Report here. ...
Today's Apprentice Question is for Peter Laville, Land Specialist in Baton Rouge, LA. [embed]https://youtube.com/shorts/QZAyeR-FIfg?feature=share[/embed] I can tell you the mistakes I made when I was first starting out. Question: What is one mistake you commonly see brokers make when they're just starting out? Two big ones—when I was cold calling, I wasn't asking the right questions. I would ask questions, but they weren't good...
Fly Jamerson, our Content Marketing Coordinator, was invited to celebrate the Grand Opening of The Knakal Map Room in Manhattan, NYC last week. Bob Knakal is a thought leader and legend in Commercial Real Estate Brokerage, with 40+ years of experience representing sellers and making great deals. Congratulations Bob on this next chapter - keep on going, keep on growing! View this post...
The September 30, 2024 issue covers ten commercial sales recorded across Lafayette the previous week, totaling $5.68M in disclosed volume. The headline deal: 3735 90 LLC paid $2M ($44.53/SF) for an industrial property with multiple buildings on Highway 90 in Broussard. Land led the week with seven of the ten sales, including more than 18 acres of vacant land near...
The September 30, 2024 issue covers seven commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $3.52M in disclosed volume. The headline deal: FRISCO ESTELLE LLC paid $1.45M ($290.00/SF) for the Estella's Home property at the intersection of Frisco Avenue and Metairie Road in Metairie. Land led the week with three of the seven sales, including...
The September 30, 2024 issue covers thirteen commercial sales recorded across Baton Rouge and Ascension the previous week, totaling $11.3M in disclosed volume. The headline deal: Shree Raina 324 Lee LLC, local investors, paid $1.7M ($242.86/SF) for a retail center on Lee Drive. Retail led the week with four of the thirteen sales, including two more Lee Drive retail centers...
What's going on in the Office Market, with Fabian Edwards and Jacob Loveland. [embed]https://youtube.com/shorts/FRWCYiCCZLY[/embed] Transcript: The office market—there's been a little bit of, maybe, a sigh of relief. Everyone kind of sees the writing on the wall that we are trending back toward a more typical market cycle. Rates are going to continue to come down, and hopefully, that will cause more deals...
New Episodes of The ELIFIN® Market Minute at Mid City Tower drop this week. [embed]https://youtube.com/shorts/0fpILE1ol9Q[/embed] ...
No obligation. Takes under two minutes.