The November 6, 2023 issue covers eight commercial sales recorded across Baton Rouge the previous week. The headline deal: Baton Rouge Boardwalk Hospitality Inc bought the Baymont by Wyndham Baton Rouge, a 52-unit hotel on Boardwalk Drive off South Sherwood Forest Boulevard. Office led the week with three of the eight sales, including a Picardy Avenue office building bought by...
// Article originally appeared in New Orleans City Business on November 2, 2023 The 80,500-square-foot facility in Mid-City known as the Orleans Justice Medical Services Building has been permitted for a sum of $88,750,000 in construction value. Located at 2900 Perdido St., the project is being spearheaded by Grace Hebert Curtis Architects. The state-of-the-art facility will primarily function as male and female...
The October 30, 2023 issue covers eleven commercial sales recorded across Baton Rouge the previous week. The headline deal: Catering Cajun Properties LLC, for Wayne Stablier, bought an industrial property on North Airway Drive. Industrial and office led with four sales each, while local investors bought a 10-unit apartment building in Mid City and the owner of Kirk's Tire &...
The October 30, 2023 issue covers eight commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: MADISON GARDENS ESTATES LLC, a New York-based investor, bought the 59-unit Madison Garden Apartments at 221 North Laurel Street in Metairie. Multifamily and retail led the week with three sales each, including KMHSHELL LLC's purchase of a Shell...
The October 30, 2023 issue covers five commercial sales recorded across Lafayette the previous week. The headline deal: ACADIANA COASTAL HOLDINGS LLC, a trio of local investors, bought the Short's RV & Boat Storage property on Cameron Street in Scott. Industrial led the week with two of the five sales, while a Texas-based entity bought five parcels totaling 3.77+ acres...
The October 23, 2023 issue covers four commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: WAREHOUSE DISTRICT LLC bought a pair of industrial properties at 2432 Dawson Street in the Bainbridge Office & Industrial Park. Industrial led the week with two of the four sales, while Iglesia Cristiana Filadelfia bought the religious facility...
The October 23, 2023 issue covers nine commercial sales recorded across Baton Rouge the previous week. The headline deal: Maruti Hotel LLC bought the Microtel Inn & Suites, a 78-unit hotel on Harding Boulevard at Howell Boulevard. Industrial led the week with three of the nine sales, including a South Choctaw Drive facility formerly used as a McDonald's food distribution...
The October 23, 2023 issue covers four commercial sales recorded across Lafayette the previous week. The headline deal: RANDOLPH MCCORMICK REALTY INC bought an 81,000+ SF industrial property on Apollo Road in Scott. Industrial led the week with three of the four sales, including a two-building property in Broussard that sold, while a pair of local individuals bought 10+ acres...
DOWNLOAD FULL REPORT (PDF) Overall Dollar Volume is down 4.62% The trailing 12 month total dollar volume of sales was $700.4M at the end of Sep 2023 vs. $734.4M at the end of the prior month. Overall Deal Velocity is up 4.36% The trailing 12 month sale count was 407 at the end of Sep 2023 vs. 390 at the end of the prior...
DOWNLOAD FULL REPORT (PDF) Overall Dollar Volume is down 16.13% The trailing 12 month total dollar volume of sales was $680.8M at the end of Sep 2023 vs. $811.8M at the end of the prior month Overall Deal Velocity is down 3.63% The trailing 12 month sale count was 425 at the end of Sep 2023 vs. 441 at the end of the prior...
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