News

Harvey investor purchases two hotels in the Warehouse District

The April 22, 2024 issue covers fourteen commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: ELEMENTAL STYLE&STRUCTURE LLC bought an industrial flex warehouse space at 301A Funston Street in Elmwood. Industrial led the week with six of the fourteen sales, while a Harvey-based investor, head of Guidry Investments, bought the SpringHill Suites and...

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Retail Center sells near Highland at Lee

The April 22, 2024 issue covers five commercial sales recorded across Baton Rouge and Ascension the previous week. The headline deal: FNLR Non-Friction LLC, California-based buyers, bought a large industrial facility and vacant lot on the corner of Wilbur Street and Rosenwald Road. Retail and office accounted for two sales each, including a three-suite retail property on Lee Drive that...

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Connoly Park strip center sells in Carencro

The April 15, 2024 issue covers five commercial sales recorded across Lafayette the previous week. The headline deal: SAI SRK CREATIONS LLC bought Connoly Park, a multi-tenant retail strip center on Hector Connoly Road in Carencro. Retail led the week with three of the five sales, including a bank branch in Broussard bought by JPMORGAN CHASE BANK NA, while FNLR...

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New York investors purchase 3 apartment complexes

The April 15, 2024 issue covers ten commercial sales recorded across Baton Rouge and Ascension the previous week. The headline deal: Fen Xu, owner of EE Kitchen & Bath, bought the company's building on South Sherwood Forest Boulevard. Multifamily led the week with four of the ten sales, including three complexes bought by New York investors with prices withheld: the...

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Norma’s Sweets in Mid City purchases building

The April 15, 2024 issue covers four commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: WASTE PRO OF LOUISIANA INC bought an industrial property at 850 Kenner Avenue, just south of the Airport in Kenner. Industrial led the week with three of the four sales, including Norma's Sweets Bakery's purchase of the industrial...

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Modern Metals Recycling purchases Prairieville facility

The April 8, 2024 issue covers eight commercial sales recorded across Baton Rouge and Ascension the previous week. The headline deal: Modern Metals Recycling LLC bought a facility on Airline Highway in Prairieville. Retail led the week with four of the eight sales, while the owner of Robinson Brothers Ford bought the Simple Simon tire shop on Airline Highway and...

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Cox retail location on Elysian Fields sells

The April 8, 2024 issue covers twelve commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: R&M PROPERTIES 3131 ELYSIAN FIELDS LLC bought the Cox retail location at 3131 Elysian Fields Avenue, bought as an investment property. Industrial led the week with five of the twelve sales, including Mullins Bros Construction's purchase of the...

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Land adjacent to Ascension Episcopal School sells

The April 1, 2024 issue covers six commercial sales recorded across Lafayette the previous week. The headline deal: GRACE JAMES PROPERTIES LLC, a pair of Sulphur-based investors, bought a 6.4+ acre parcel on Chemin Metairie Parkway adjacent to Ascension Episcopal School in Youngsville. Industrial and retail each made up two of the six sales, including an office and warehouse property...

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