The April 14, 2025 issue covers eleven commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: OLD FEDERAL RESERVE LLC bought the former Federal Reserve branch building at 147 Carondelet Street in the CBD. Office led the week with four of the eleven sales, including a medical office condo in the Touro LCMC Health...
The April 7, 2025 issue covers nineteen commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: KMHSHELL LLC bought a parcel of land, not including the improvements, at 1105 Veterans Memorial Boulevard in Metairie, next to a gas station and convenience store it already owns. Land led the week with six of the nineteen...
The March 31, 2025 issue covers thirteen commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: EXTRA SPACE PROPERTIES TWO LLC bought the Extra Space Storage facility at 4866 Tchoupitoulas Street near F&M's Patio Bar. Land led the week with five of the thirteen sales, including two former school sites in Harvey bought by...
Overall Dollar Volume is up 0.65% The trailing 12 month total dollar volume of sales was $792.5M at the end of Feb 2025 vs. $787.4M at the end of the prior month. Overall Deal Velocity is up 0.4% The trailing 12 month sale count was 507 at the end of Feb 2025 vs. 505 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2025/03/Market-Report-New-Orleans-LA-February-2025.pdf" attachment_id="14379"...
The March 24, 2025 issue covers nine commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: 2651 POYDRAS LLC bought the 250-unit Marquis Luxury Apartments at Poydras Street and South Broad Street. Multifamily and retail led the week with three of the nine sales each, including an 18-unit multifamily property on North Hullen Street...
The March 17, 2025 issue covers ten commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: ARBOR PLACE LLC bought the 136-unit Arbor Place Apartments at 735 Heritage Avenue in Terrytown. Retail led the week with four of the ten sales, including the Petco-occupied portion of the Algiers Plaza shopping center, bought by a...
The March 10, 2025 issue covers four commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: AREA 55 LLC bought a retail strip center at 4704 Veterans Memorial Boulevard in Metairie. Retail and industrial split the week with two of the four sales each, including a local investor's purchase of a portfolio of four...
The March 3, 2025 issue covers eight commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: STATE OF LOUISIANA bought the New Orleans Center for Creative Arts facility at 2831 Chartres Street. Retail led the week with four of the eight sales, including a former dry cleaners in the Timberlane area of Gretna that...
Overall Dollar Volume is down 4.85% The trailing 12 month total dollar volume of sales was $787.4M at the end of Jan 2025 vs. $827.5M at the end of the prior month. Overall Deal Velocity is down 3.81% The trailing 12 month sale count was 505 at the end of Jan 2025 vs. 525 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2025/02/Market-Report-New-Orleans-LA-January-2025.pdf" attachment_id="14191"...
The February 24, 2025 issue covers twelve commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: 1770 TCHOUPITOULAS, INC. bought a mixed-use property of three buildings, including an apartment complex and a storage facility, at 1770 Tchoupitoulas Street. Retail led the week with four of the twelve sales, including the Ruth's Chris Steakhouse property...
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