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...
// Article originally appeared in New Orleans City Business on October 16, 2023 Interior work has been permitted to begin at 714 Baronne St., the ground-floor, retail component of 710 Baronne St., itself a 69,000-square-foot redevelopment in the Warehouse District. In addition to the 9,000 square feet of commercially used space, 46,000 square feet on the upper levels are being built...
The October 16, 2023 issue covers six commercial sales recorded across Baton Rouge the previous week. The headline deal: Wax Pointe LLC, a local investor, bought a shopping center on Wax Road in Central anchored on both ends by Las Palmas and Johnny's Pizza. Retail led the week with five of the six sales, including the Perkins Road Veterinary Hospital,...
The October 16, 2023 issue covers nine commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: AGREE CENTRAL LLC, a Michigan-based entity, bought the former Burlington Coat Factory property at 2840 Veterans Memorial Boulevard in Metairie. Retail led the week with three of the nine sales, while a New Jersey-based realty entity bought the...
The October 16, 2023 issue covers four commercial sales recorded across Lafayette the previous week. The headline deal: PITRE REAL ESTATE LLC bought an industrial property on Tas Street in Scott. Industrial led the week with two of the four sales, while a group of lawyers bought the Oil Center office building previously occupied by The Toce Law Firm, and...
The October 9, 2023 issue covers twelve commercial sales recorded across Baton Rouge the previous week. The headline deal: Kodiak Business Park LLC, a Prairieville-based developer, bought nearly 13 acres on Barringer Foreman Road, with plans for a new business park. Office and industrial led with four sales each, including an office building on Picardy Avenue bought by Cajun Industries,...
The October 9, 2023 issue covers four commercial sales recorded across Lafayette the previous week. The headline deal: BROUSSARD CITY OF, the City of Broussard, bought the properties previously owned and occupied by Superior Energy Services off US 90, including four buildings and a 3.8+ acre vacant parcel. Industrial and land each made up two of the four sales, as...
The October 9, 2023 issue covers eleven commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: 10090 ALMONASTER PARTNERS LLC, Philadelphia's Alterra Property Group, bought an industrial property at 10090 Almonaster Avenue in the Viavant/Venetian Isles area. Land led the week with four of the eleven sales, including a purchase of just over an...
// Article originally appeared in New Orleans City Business on October 2, 2023 Just this week, new construction permits were granted to 2400 Guadalcanal St. Filed by Trapolin-Peer Architects, the project is believed to consist of a 70-unit, four-story multifamily complex. Set within the western boundaries of Federal City, the development is the latest iteration in large-scale construction in the former...
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