News

Hotel developers purchase land off Corporate Blvd

The March 18, 2024 issue covers ten commercial sales recorded across Baton Rouge and Ascension the previous week. The headline deal: 9522 Brookline LLC, a local investor, bought an office building on Brookline Avenue off Drusilla Lane. Office and land led the week with four sales each, including 1.22 acres on West Lee Drive bought by Tasty Delites Southeast LLC,...

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Excelth purchases their location in Algiers

The March 18, 2024 issue covers thirteen commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: EXCELTH INC, a primary health care company, bought its location at 4422 General Meyer Avenue in Algiers, adjacent to Edna Karr High School. Industrial led the week with five of the thirteen sales, while a local investor bought...

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Three Wendy’s locations sold last week

The March 11, 2024 issue covers eight commercial sales recorded across Lafayette the previous week. The headline deal: WENDYS PROPERTIES LLC, the Wendy's main office, bought one of its franchise properties in front of the Wal-Mart on Ambassador Caffery Parkway. Retail led the week with four of the eight sales, including two more Wendy's properties, on West Pinhook Road and...

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Caluda’s Cottage Catering purchases their Elmwood location

The March 11, 2024 issue covers thirteen commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: 1332 ESPLANADE AVE LLC bought a six-unit multifamily property at 1332 Esplanade Avenue in Tremé. Industrial led the week with six of the thirteen sales, including Caluda's Cottage Catering's purchase of its bakery and catering property in Elmwood...

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Multi-building retail property sells in Prairieville

The March 11, 2024 issue covers five commercial sales recorded across Baton Rouge and Ascension the previous week. The headline deal: Lap Nguyen LLC bought a three-building retail property anchored by the Fat Cat Saloon on Airline Highway in Prairieville. Retail and land accounted for two sales each, while behavioral health rehabilitation agency Allstar Community Care bought an office building...

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Aldi Purchases 3 Acres Near Amazon Fulfillment Center at Cortana

March 8, 2024 - Baton Rouge, LA – Will Chadwick, Partner – Retail Sales & Leasing, is thrilled to announce the sale of a 3-acre lot adjacent to the Amazon Fulfillment Center at the former Cortana Mall site to the supermarket giant, ALDI. This strategic purchase underscores a trend of new development for ALDI in the Baton Rouge market. They join...

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Development company buys land on Verot School Rd

The March 4, 2024 issue covers eleven commercial sales recorded across Lafayette the previous week. The headline deal: MONTROSE DEVELOPMENT COMPANY LLC bought 20.5+ acres of vacant land at the corner of Vincent Road and Verot School Road. Land, office and industrial properties each made up three of the eleven sales, including OC1 LLC's purchase of the office property at...

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St. Claude convenience store sells

The March 4, 2024 issue covers nine commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: ADAM AND MOE LLC, a Gretna-based investor, bought a convenience store property with a parking lot at 3200 Saint Claude Avenue. Retail led the week with three of the nine sales, including the same investor's purchase of a...

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Jefferson Lakes apartments sells

The March 4, 2024 issue covers thirteen commercial sales recorded across Baton Rouge and Ascension the previous week. The headline deal: Jefferson Lakes Apt LLC bought Jefferson Lakes, a 290-unit apartment complex on Jefferson Highway just off the Airline Highway intersection. Retail led the week with four of the thirteen sales, including a former Walgreens at Staring Lane and Perkins...

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23+ Acres sell to Baton Rouge-based entity

The February 26, 2024 issue covers three commercial sales recorded across Lafayette the previous week. The headline deal: 9191 VENTURES LLC, a Baton Rouge-based entity, bought 23+ acres of vacant land at the intersection of Fortune Road and the Youngsville Highway. Land led the week with two of the three sales, while a multi-tenant retail strip center across West University...

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