The May 27, 2024 issue covers seven commercial sales recorded across Lafayette the previous week. The headline deal: VALE REAL ESTATE INVESTMENTS LLC bought a multi-tenant office building in the Oil Center at the corner of Coolidge Street and East Saint Mary Boulevard. Office led the week with three of the seven sales, while the Lafayette Parish Government bought six...
The May 27, 2024 issue covers ten commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: 3216 3304 WEST ESPLANADE LLC bought the Petite Esplanade Shopping Center at 3216 and 3304 West Esplanade Avenue in Metairie. Retail led the week with three of the ten sales, while a Gayle Benson-led entity bought a 0.5-plus-acre...
The May 27, 2024 issue covers five commercial sales recorded across Baton Rouge and Ascension the previous week. The headline deal: 5298 Highland Rd LLC, a New York-based investor, bought the Walgreens on the corner of Highland Road and Lee Drive. Retail and industrial accounted for two sales each, including an industrial property off Lobdell Boulevard bought by New Orleans-based...
Overall Dollar Volume is steady The trailing 12 month total dollar volume of sales was $731.5M at the end of Apr 2024. Overall Deal Velocity is steady The trailing 12 month sale count was 398 at the end of Apr 2024. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/05/Market-Report-New-Orleans-LA-April-2024.pdf" attachment_id="11598" viewer_width=100% viewer_height=800px fullscreen=true download=true print=true]...
Overall Dollar Volume is down 7.73% The trailing 12 month total dollar volume of sales was $545.8M at the end of Apr 2024 vs. $591.5M at the end of the prior month. Overall Deal Velocity is steady The trailing 12 month sale count was 397 at the end of Apr 2024. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/05/Market-Report-Baton-Rouge-LA-April-2024.pdf" attachment_id="11597" viewer_width=100% viewer_height=800px fullscreen=true download=true print=true]...
The May 20, 2024 issue covers seven commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: BIG EASY INVESTMENTS LLC OF NEW MEXICO bought a mixed-use property with a street-level restaurant space occupied by Daisy Dukes Cafe and three upper-floor apartments at 308 Saint Charles Avenue. Retail led the week with two of the...
The May 20, 2024 issue covers three commercial sales recorded across Lafayette the previous week. The headline deal: MAPLE LEAF LIVING LLC, a pair of local investors, bought the 12-unit Maple Leaf Apartments on Eraste Landry Road. Land led the week with two of the three sales, as a pair of parcels at the front of the Landon Cove subdivision...
The May 20, 2024 issue covers five commercial sales recorded across Baton Rouge and Ascension the previous week. The headline deal: Ascension Parish Government bought 7.5+ acres within an existing 14+ acre tract fronting Weber City Road in Gonzales. Land accounted for two of the five sales, the other an 8+ acre portion of a 15+ acre tract near the...
The May 13, 2024 issue covers five commercial sales recorded across Lafayette the previous week. The headline deal: 425 SETTLERS LLC bought a two-story Class A medical office building on Settlers Trace Boulevard. Office led the week with two of the five sales, the other a six-building office complex on Bertrand Drive near Dulles Drive bought by BE TRO LLC,...
The May 13, 2024 issue covers nine commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: KIDS KINGDOM ACADEMY & DAYCARE LLC bought its location at 2907 and 2909 Tulane Avenue, one of its two purchases that week. Retail and office led the week with three sales each, including the daycare's purchase of the...
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