News

Building in Belle of Baton Rouge complex sold

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...

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City of Lafayette purchases two-story office building

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...

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Pelican Pointe Shopping Center along Moss St sells

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...

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Gretna office building sells

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...

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Goodwood Place Apartments sell

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...

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Top Permits issued in the New Orleans area, August 7, 2023

// 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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Medical property sold to NY investor

The August 7, 2023 issue covers ten commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: SMBC LEASING AND FINANCE INC, a New York-based entity, bought an office property occupied by Fresenius Kidney Care at 2908 General De Gaulle Drive in the Behrman area. Office and multifamily led the week with three sales each,...

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Tri-Care Automotive property sells

The August 7, 2023 issue covers five commercial sales recorded across Baton Rouge the previous week. The headline deal: The Machine Shop of Baton Rouge LLC bought the Tri-Care Automotive repair shop on Airline Highway. Retail accounted for two of the five sales, including the Learning On Us daycare center, bought by local investors, while The Care Center, a Florida...

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The Grand Theatre on Kaliste Saloom sells

The July 31, 2023 issue covers five commercial sales recorded across Lafayette the previous week. The headline deal: HOS PROPERTIES LLC, a local investor, bought an Oil Center office property on 0.8+ acres on Harding Street. Retail led the week with two of the five sales, the Grand Theatre on Kaliste Saloom, purchased by San Antonio-based Santikos Theaters, LLC, and...

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