News

26+ Acres along E Pont Des Mouton sell to local developer

The November 27, 2023 issue covers fourteen commercial sales recorded across Lafayette the previous week. The headline deal: CASTILLE REAL ESTATE CO LLC bought 12+ acres near East Pont Des Mouton Road and Louisiana Avenue, part of a larger assemblage. Land led the week with eight of the fourteen sales, including three more CASTILLE REAL ESTATE CO LLC purchases in...

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Bluebonnet garden office sells for 194 PSF

The November 27, 2023 issue covers five commercial sales recorded across Baton Rouge the previous week. The headline deal: Belfair Baptist Church, Inc bought an office building at Florida Boulevard and Cloud Drive. Office led the week with three of the five sales, including a Class A office building in the Oaks at Bluebonnet Parc office complex that sold and...

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Maple Street Cafe property sells in East Carrollton

The November 27, 2023 issue covers three commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: 7623 MAPLE STREET LLC bought the restaurant property occupied by the Maple Street Cafe at 7623 Maple Street in the East Carrollton area. Retail accounted for two of the three sales, including a commercial property on 8th Street...

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Parish Brewing Company purchases 1.4-acre parcel

The November 20, 2023 issue covers fourteen commercial sales recorded across Lafayette the previous week. The headline deal: 2KT ELITE PROPERTIES LLC, a local company, bought a two-building industrial property on West Pont Des Mouton Road west of I-49. Industrial led the week with six of the fourteen sales, including the former Glazers Industrial property on 16+ acres, bought by...

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Music venue on Frenchman St sells to local investors

The November 20, 2023 issue covers six commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: CONCORD HOLDINGS LLC bought a dentist office at 2636 Athania Parkway in the Athania area of Metairie. Retail and mixed-use led the week with two sales each, including a local investor's three-building portfolio covering nearly a square block...

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Shell gas station sells on Main St in Zachary

The November 20, 2023 issue covers three commercial sales recorded across Baton Rouge the previous week. The headline deal: Monkey See Monkey Do LLC, local investors and real estate agents Steve Davis Jr. and Lawrence Maestri, bought Perkins Palms, a mixed-use property with multifamily and retail space on Perkins Road. The other two sales were retail: a Shell-branded gas station...

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Top Permits issued in the New Orleans area, November 13, 2023

// Article originally appeared in New Orleans City Business on November 13, 2023 Construction on St. Bernard Circle Apartments, across from Circle Food Store in Orleans Parish, is currently underway after breaking ground on October 25. Permits have been issued for the construction of the 53,485-square-foot, four-story, multifamily development, which will also feature two retail spaces and a landscaped community park....

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AMG office tower sells to Acadiana Management Group

The November 13, 2023 issue covers six commercial sales recorded across Lafayette the previous week. The headline deal: AMG TOWER LLC, for Acadiana Management Group, bought the AMG office tower, where the group is the primary tenant, near West Pinhook Road and La Rue France along the Vermilion River. Land led the week with three of the six sales, including...

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Whitney Parking Garage sells in the CBD

The November 13, 2023 issue covers ten commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: POL BUILDING LLC, an Arkansas-based entity, bought a multi-tenant commercial property at 2325 North Hullen Street in the Athania Place Annex area of Metairie. Office and multifamily led the week with three sales each, while AM PLAZA LLC...

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Medical office near OLOL sells

The November 13, 2023 issue covers five commercial sales recorded across Baton Rouge the previous week. The headline deal: Horizon Land and Development, LLC, a Mississippi investor, bought a 10,000 SF office building at 501 Louisiana Avenue downtown. Office and retail led with two sales each, as a local engineering firm bought a medical office near Our Lady of the...

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