The May 1, 2023 issue covers eleven commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: HARVEY GULF INTERNATIONAL MARINE LLC bought the 32-unit Texas Motel at 3520 Airline Drive in the Shrewsbury area of Metairie. Industrial and land led the week with three sales each, while a former two-unit residential condo property on...
The May 1, 2023 issue covers sixteen commercial sales recorded across Baton Rouge the previous week. The headline deal: Cardinal Hill Real Estate LLC, for Assurance Financial, bought the company's first-floor office in The Cardinal Hill office building on Jefferson Highway. Office and multifamily led with five sales each, including Assisi Village, Calais House and Chateau Louise, three 67-unit affordable...
The April 24, 2023 issue covers nine commercial sales recorded across Lafayette the previous week. The headline deal: GUILLORY OIL COMPANY INC, an Eunice-based company, bought a combination McDonalds and gas station/convenience store near the Scott/Cankton exit off I-10. Land led the week with five of the nine sales, while a pair of Carencro-based investors bought a two-story office building...
The April 24, 2023 issue covers twelve commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: WASHING CARS II LLC bought the Pelican Pointe Car Wash at 2500 David Drive in the Lelia Place area of Metairie. Retail led the week with five of the twelve sales, while JULIA REALTY LLC bought a three-building...
The April 24, 2023 issue covers five commercial sales recorded across Baton Rouge the previous week. The headline deal: Ishwar Krupa 2023 LLC, a Denham Springs buyer, bought the Siegen Inn, a 57-room hotel on Honore Lane off Siegen Lane. Retail led the week with three of the five sales, including La-Z-Boy Inc's purchase of its local franchise location on...
The April 17, 2023 issue covers eight commercial sales recorded across Lafayette the previous week. The headline deal: SOUTHCITY PROPERTIES LLC, a group of local developers, bought land including the 12,480 SF building formerly occupied by the Riverside Church of Christ on Southcity Parkway. Land led the week with three of the eight sales, including a 3.759 acre lot on...
The April 17, 2023 issue covers nine commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: PIAZZA ROSICA S; PIAZZA NICHOLAS L SR bought two adjacent fourplexes at 2204 Idaho Avenue in the Lisa Park area of Kenner. Retail led the week with four of the nine sales, including a two-unit retail space on...
The April 17, 2023 issue covers five commercial sales recorded across Baton Rouge the previous week. The headline deal: Baton Rouge Acquisitions LLC, for Commercial Properties Realty Trust, bought approximately 30 acres on Nicholson Drive between downtown and LSU, bought from Goldman Sachs. Land accounted for two of the five sales, and Mimosa by ME LLC bought an industrially zoned...
DOWNLOAD FULL REPORT (PDF) Overall Dollar Volume is down 2.15% The trailing 12 month total dollar volume of sales was $1.114B at the end of Mar 2023 vs. $1.139B at the end of the prior month. Overall Deal Velocity is down 2.06%. The trailing 12 month sale count was 498 at the end of Mar 2023 vs. 509 at the end of the prior...
The April 10, 2023 issue covers five commercial sales recorded across Lafayette the previous week. The headline deal: FOURPARK RENTALS LLC bought a day care center on Four Park Road in Carencro. Retail led the week with two of the five sales, while an entity led by a local doctor bought the Acadiana Spine and Health Institute medical office property...
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