News

Nursing home in Harvey sells

The January 22, 2024 issue covers nine commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: 2233 EIGHTH LLC, an Indiana-based entity, bought the Maison De'ville Nursing Home at 2233 8th Street in Harvey. Retail led the week with four of the nine sales, including an entity led by a New Orleans-based visual artist...

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Government Street building sells for 222 PSF

The January 22, 2024 issue covers four commercial sales recorded across Baton Rouge and Ascension the previous week. The headline deal: Wong Assets LLC, local investors, bought a Mid City office building on Government Street. Office and industrial accounted for two sales each, as Reeb Rigging bought an industrial property on Bern Drive near its main facility on Rome Drive...

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West Jefferson Health Care Center property in Harvey sells

The January 15, 2024 issue covers thirteen commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: 1020 MANHATTAN LLC, an Indiana-based entity, bought the former West Jefferson Health Care Center property at 1020 Manhattan Boulevard in Harvey. Retail led the week with five of the thirteen sales, including a restaurant property with a rear...

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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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