The October 2, 2023 issue covers one commercial sale recorded across Baton Rouge the previous week. The headline deal: 3MB Properties LLC, for JM Test Systems, bought an office building at 7266 Tom Drive. The building sits across the street from JM Test Systems' facility on Tom Drive, and it was the only commercial sale recorded that week....
DOWNLOAD FULL REPORT (PDF) Overall Dollar Volume is down 6.97% The trailing 12 month total dollar volume of sales was $734.4M at the end of Aug 2023 vs. $789.4M at the end of the prior month. Overall Deal Velocity is down 6.25% The trailing 12 month sale count was 390 at the end of Aug 2023 vs. 416 at the end of the prior...
DOWNLOAD FULL REPORT (PDF) Overall Dollar Volume is down 2.69% The trailing 12 month total dollar volume of sales was $815.5M at the end of Aug 2023 vs. $838.0M at the end of the prior month. Overall Deal Velocity is down 3.07% The trailing 12 month sale count was 442 at the end of Aug 2023 vs. 456 at the end of the prior...
The September 25, 2023 issue covers nine commercial sales recorded across Lafayette the previous week. The headline deal: FIP MASTER FUNDING XIX LLC bought Lamm Food Service's property on the Northwest Evangeline Thruway in North Lafayette. Industrial led the week with four of the nine sales, while a Baton Rouge-based doctor bought the two-story office building at 515 South College...
The September 25, 2023 issue covers nineteen commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: KMHSHELL LLC, Luling, Texas-based investors, bought the Shell gas station and convenience store at 3206 Williams Boulevard in the Highway Park area, one of three acquisitions. Retail led the week with eight of the nineteen sales, including the...
The September 25, 2023 issue covers fourteen commercial sales recorded across Baton Rouge the previous week. The headline deal: Crescent Crown Distributing LLC bought a vacant lot behind the Walmart on Oak Villa Boulevard. Industrial led the week with five of the fourteen sales, including an office/warehouse on North Airway Drive bought by local real estate agent and investor Lawrence...
// Article originally appeared in New Orleans City Business on September 18, 2023 Last week, additional permits were granted to further the development of Poydras Home, the senior living facility at the corner of Magazine Street and Jefferson Avenue. The latest phase of work to the site pertains to its amenities, slated to include a library, fitness center, yoga studio, salon,...
The September 18, 2023 issue covers five commercial sales recorded across Lafayette the previous week. The headline deal: HIGHLANDS LAFAYETTE LLC THE, a Texas-based firm, bought The Highlands at Grand Pointe, a 116-unit apartment complex on Kaliste Saloom Road. Industrial led the week with two of the five sales, including an office and warehouse property near Youngsville Highway and West...
The September 18, 2023 issue covers seventeen commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: DREAMING TREE INVESTMENTS LLC, a local investment entity, bought the 59-unit Prytania Park Hotel at 1525 Prytania Street in the Lower Garden District, in one of five transactions. Office led the week with five of the seventeen sales,...
The September 18, 2023 issue covers eleven commercial sales recorded across Baton Rouge the previous week. The headline deal: GFC Leasing Corp LLC, Texas-based buyers, bought a former KFC location on Greenwell Springs Road near Monterrey Drive. Land led the week with five of the eleven sales, including a three-acre lot near Nicholson Drive and Gardere Lane that sold, while...
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