News

The Prytania Park Hotel sells to local investor

The September 18, 2023 issue covers seventeen commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: DREAMING TREE INVESTMENTS LLC, a local investment entity, bought the 59-unit Prytania Park Hotel at 1525 Prytania Street in the Lower Garden District, in one of five transactions. Office led the week with five of the seventeen sales,...

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Latin restaurant entity purchases property on Florida Blvd

The September 18, 2023 issue covers eleven commercial sales recorded across Baton Rouge the previous week. The headline deal: GFC Leasing Corp LLC, Texas-based buyers, bought a former KFC location on Greenwell Springs Road near Monterrey Drive. Land led the week with five of the eleven sales, including a three-acre lot near Nicholson Drive and Gardere Lane that sold, while...

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American Legion Post 69 property sold

The September 11, 2023 issue covers five commercial sales recorded across Lafayette the previous week. The headline deal: CORDOBA LEASING LLC bought a condominium building within the Cordoba Medical Office Park on Ambassador Caffery Parkway. Office led the week with three of the five sales, including the American Legion building with office and warehouse space off Surrey Street, bought by...

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LeBrane’s Creole purchases their building in Westwego

The September 11, 2023 issue covers eight commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: JNO ENTERPRISES LLC bought a multifamily property at 116 Marguerite Road in the Marguerite Place area near the Saints practice facility off Airline Drive. Retail led the week with three of the eight sales, including LeBrane's Creole Cuisine...

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Southern Roots Outfitters purchases land in Zachary

The September 11, 2023 issue covers three commercial sales recorded across Baton Rouge the previous week. The headline deal: Southern Roots Outfitters LLC, a Zachary-based company, bought vacant lots at Montegudo Drive and Bob Odom Drive in Zachary. The other two sales were four retail properties on Florida Boulevard near the Amazon fulfillment center, bought by a local investor, and...

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Top Permits issued in the New Orleans area, September 5, 2023

// Article originally appeared in New Orleans City Business on September 5, 2023 Permits were issued this week with regards to heating and cooling systems for the newly-built 16-story, 340-room hotel tower at 8 Canal Place, or, more colloquially, the new hotel at Caesars New Orleans. Conceived through a partnership between Nobu Matsuhisa, Robert De Niro and Meir Teper, Nobu’s first...

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Local developer purchases 55 acres in Broussard

The September 4, 2023 issue covers six commercial sales recorded across Lafayette the previous week. The headline deal: HAMILTON PARC SUBDIVISION LLC, a local developer, bought 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 Preschool property in Youngsville, bought by CHURCH STREET RENTALS...

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Office and parking lot sold in CBD

The September 4, 2023 issue covers five commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: 2712 ATHANIA LLC bought 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, land and retail, including an industrial property on...

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Walgreens on Highland Road sold

The September 4, 2023 issue covers nine commercial sales recorded across Baton Rouge the previous week. The headline deal: Cardinal Green Investments LLC bought 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 bought by Blanco's Roofing & Sheetmetal, while The...

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Gardens Office Park unit sells on S Hugh Wallis Rd

The August 28, 2023 issue covers three commercial sales recorded across Lafayette the previous week. The headline deal: HILLGREEN COMPANY LLC THE bought 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 property with office and warehouse space on Guidry...

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