News

Local investor purchases industrial portfolio

The January 8, 2024 issue covers twelve commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: TENTH WHEEL LLC, a Mandeville-based investor, bought a large area of industrial land with multiple industrial buildings at 4839 Orleans Way along Bayou Barataria in Crown Point. Industrial and multifamily led the week with three sales each, while...

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Houston-based investor purchases land along Ambassador Caffery

The January 8, 2024 issue covers five commercial sales recorded across Lafayette the previous week. The headline deal: AADM LLC, a local entity, bought a tract of land on Bonin Road in Youngsville. Land led the week with four of the five sales, including 12+ acres just northeast of Carencro bought by SABBAGHIAN DEVELOPMENT LLC and land on Ambassador Caffery...

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Price Leblanc family purchases 145 acres off Scenic Hwy

The January 8, 2024 issue covers seven commercial sales recorded across Baton Rouge and Ascension the previous week. The headline deal: Priceco LLC, the Price Leblanc family, bought 145 acres off Scenic Highway. Industrial led the week with three of the seven sales, including an industrial property adjacent to I-10 in Gonzales that sold, while Rose Hill Baptist Church of...

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Land along Settlers Trace Boulevard sells

The January 1, 2024 issue covers five commercial sales recorded across Lafayette the previous week. The headline deal: SHOPS AT SETTLERS TRACE LLC THE, a Lafayette-based development team, bought two tracts of 1.8+ and 0.8+ acres on Settlers Trace Boulevard behind the Ambassador Crossing development. Land led the week with three of the five sales, while a New Orleans-based investor...

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The City of Gretna purchases a hotel

The January 1, 2024 issue covers seven commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: GRETNA CITY OF, the City of Gretna, bought a hotel property at 100 Westbank Expressway in Gretna. Mixed-use and multifamily led the week with two sales each, including a local architecture team's purchase of a property on the...

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34+ acres sell on Pecue Lane near I-10

The January 1, 2024 issue covers six commercial sales recorded across Baton Rouge the previous week. The headline deal: Honor Properties Old Perkins Investments LLC, Brown Industries, bought 34+ acres off Pecue Lane near I-10. Office led the week with three of the six sales, including an office building near Perkins Road and Quail Run Drive bought by local real...

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Best Western property sells

The December 25, 2023 issue covers sixteen commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: GRAY MEDIA GROUP INC, based in Atlanta, bought 3900 Howard Avenue, an office and television studio built in 2014 that will be home to WVUE Fox 8. Retail led the week with five of the sixteen sales, while...

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SLEMCO purchases 4.3 acres

The December 25, 2023 issue covers nine commercial sales recorded across Lafayette the previous week. The headline deal: 2502 S COLLEGE LLC, a Lake Charles-based entity, bought a newly constructed gas station/convenience store at the corner of South College Road and Verot School Road. Land led the week with three of the nine sales, including 4.3+ acres with a single-family...

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Assisted living facility on Siegen sells

The December 25, 2023 issue covers fourteen commercial sales recorded across Baton Rouge the previous week. The headline deal: 9394 Siegen Lane Propco LLC, Toledo, Ohio-based real estate investment firm Welltower Inc, bought The Barclay House of Baton Rouge, an assisted living facility on Siegen Lane. Retail led the week with five of the fourteen sales, while a New York...

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