// 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. The headline deal: WOODMERE DAYCARE L L C, a Harvey-based investor, bought a 14-unit multifamily property at 8520 Hickory Street in the Leonidas area. Retail led the week with four of the nine sales, including a Minnesota-based entity's purchase of an...
The August 21, 2023 issue covers seven commercial sales recorded across Baton Rouge the previous week. The headline deal: Agree Central LLC, for Michigan-based real estate investment firm Agree Realty, bought the Tractor Supply on Main Street in Zachary. Retail and office led with three sales each, as Gaming & Leisure Properties bought a building in the Belle of Baton...
The August 21, 2023 issue covers seven commercial sales recorded across Lafayette the previous week. The headline deal: LAF-CITY, the City of Lafayette, bought a two-story, 12-unit office building near the corner of West Congress Street and Guilbeau Road. Land led the week with three of the seven sales, including a vacant parcel on Hugh Wallis Road South near the...
The August 14, 2023 issue covers fourteen commercial sales recorded across Lafayette the previous week. The headline deal: 110 CAPITAL M LLC bought a pair of large office buildings on Capitol Drive near Feu Follet Road. Land led the week with five of the fourteen sales, including a 3.4+ acre parcel in Broussard bought by FOUNDATIONS CHURCH INC, while an...
The August 14, 2023 issue covers seven commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: GRETNA OFFICE COMPLEX LLC bought an office building at 2550 Belle Chasse Highway in Gretna. Office and retail led the week with two sales each, while the Greystone Manor Apartments on Houma Boulevard sold and a former bank...
The August 14, 2023 issue covers four commercial sales recorded across Baton Rouge the previous week. The headline deal: NMP-Goodwood LLC, a local investor, bought Goodwood Place Apartments, a 184-unit complex on Apartment Court Drive off Government Street. All four sales were multifamily, as the same buyer also bought Marquette Place, a 24-unit complex off Government Street, and Kindred Properties...
// Article originally appeared in New Orleans City Business on August 7, 2023 Permits pertaining to a new hotel at 3500 St. Charles Ave. were issued on July 25. The site was formerly improved with a mixed-use office property of no historic importance prior to it being razed and advertised for ground lease. Plans were announced in Fall of 2022 with...
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