The September 4, 2023 issue covers six commercial sales recorded across Lafayette the previous week, totaling $5.56M in disclosed volume. The headline deal: HAMILTON PARC SUBDIVISION LLC, a local developer, paid $2.65M ($1.09/Land SF) for 55+ acres on Tolson Road off Verot School Road near Broussard. Retail led the week with three of the six sales, including the Little Blessings...
The September 4, 2023 issue covers five commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $3.53M in disclosed volume. The headline deal: 2712 ATHANIA LLC paid $1.45M ($194.63/SF) for an office building with an adjacent parking lot at 844 Baronne Street in the CBD. The five sales were split one each among office, industrial, multifamily,...
The September 4, 2023 issue covers nine commercial sales recorded across Baton Rouge the previous week, totaling $5.22M in disclosed volume. The headline deal: Cardinal Green Investments LLC paid $2.84M ($216.52/SF) for the Walgreens at Highland Road and West Lee Drive. Industrial led the week with four of the nine sales, including an industrial building on Joor Road in Central...
The August 28, 2023 issue covers three commercial sales recorded across Lafayette the previous week, totaling $688K in disclosed volume. The headline deal: HILLGREEN COMPANY LLC THE paid $354K ($135.00/SF) for an office condominium unit in the Gardens Office Park on Hugh Wallis Road South. Each of the three sales was a different property type, the others being an industrial...
The August 28, 2023 issue covers ten commercial sales recorded across Baton Rouge the previous week, totaling $6.42M in disclosed volume. The headline deal: CR Ventures LLC, for learning center The Behavioral Intervention Group, paid $1.48M ($81.94/SF) for the group's clinic on Siegen Lane, bought from the Matherne Family. Retail led the week with five of the ten sales, including...
The August 28, 2023 issue covers eight commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $10M in disclosed volume. The headline deal: JEFFERSON ONE SAI PROPERTY LLC paid $5.35M ($120.37/SF) for the Colonial Shopping Center at 7335 Jefferson Highway in Harahan. Retail led the week with seven of the eight sales, including the Charvet's Garden...
// Article originally appeared in New Orleans City Business on August 21, 2023 Permits were granted this week with regards to temporary structures from 400-700 North Claiborne Avenue, in the way of bathrooms, storage containers for portable items, including a stage with ADA ramp, kiosks, hand washing stations, convenience sinks, trash receptacles, tables, and chairs. Congregation on North Claiborne Avenue has...
DOWNLOAD FULL REPORT (PDF) Overall Dollar Volume is down 8.5% The trailing 12 month total dollar volume of sales was $789.4M at the end of Jul 2023 vs. $862.7M at the end of the prior month. Overall Deal Velocity is down 5.88% The trailing 12 month sale count was 416 at the end of Jul 2023 vs. 442 at the end of the prior...
DOWNLOAD FULL REPORT (PDF) Overall Dollar Volume is down 1.52% The trailing 12 month total dollar volume of sales was $838.0M at the end of Jul 2023 vs. $850.9M at the end of the prior month. Overall Deal Velocity is down 5.0% The trailing 12 month sale count was 456 at the end of Jul 2023 vs. 480 at the end of the prior...
The August 21, 2023 issue covers nine commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $3.9M in disclosed volume. The headline deal: WOODMERE DAYCARE L L C, a Harvey-based investor, paid $1.4M ($100,000/unit) for a 14-unit multifamily property at 8520 Hickory Street in the Leonidas area. Retail led the week with four of the nine...
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