The February 17, 2025 issue covers seven commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: MADAME X LLC bought the historic Madame X Mansion, featuring seven apartments, at 927 Toulouse Street in the French Quarter. Industrial and retail led the week with two of the seven sales each, including an industrial property near...
The February 10, 2025 issue covers five commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: KENNER HOLDINGS LLC bought the 292-room Clarion Hotel New Orleans - Airport & Conference Center at 2829 Williams Boulevard in Kenner. The other four sales were one each of industrial, mixed-use, multifamily and land, including a pair of...
The February 3, 2025 issue covers eleven commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: PREMIUM RENTALS LLC bought a 12-unit apartment complex at 112 Glenn Street in Metairie, with eight 1BR/1BA units and four 2BR/1BA units. Retail led the week with four of the eleven sales, including the former Perino's Seafood property...
The January 27, 2025 issue covers two commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: Future Property Investments, LLC bought an industrial property at 2225 Fayette Street within the Crestview Office & Industrial Park in Kenner. Industrial and land split the week with one sale each, as the same buyer also bought an...
The January 20, 2025 issue covers ten commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: LOCAL ON SEVERN LLC (The Medve Group, a Texas-based property management company) bought The Local on Severn, a 161-unit multifamily property at 3409 Severn Avenue in Metairie. Multifamily led the week with three of the ten sales, while...
The January 13, 2025 issue covers seven commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: 2007 CLEARVIEW LLC bought an industrial flex-showroom space at 4425 West Napoleon Avenue in Metairie. Retail led the week with three of the seven sales, while the same buyer bought an industrial property on Zenith Street in Metairie...
Overall Dollar Volume is down 1.36% The trailing 12 month total dollar volume of sales was $820.1M at the end of Dec 2024 vs. $831.4M at the end of the prior month. Overall Deal Velocity is up 0.77% The trailing 12 month sale count was 524 at the end of Dec 2024 vs. 520 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2025/01/Market-Report-New-Orleans-LA-December-2024.pdf" attachment_id="13799"...
The January 6, 2025 issue covers four commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: 604 JULIA LLC bought a Warehouse District mixed-use property at 604 Julia Street with one street-level retail space, four STR units and two apartments. Multifamily led the week with two of the four sales, both six-unit properties on...
The December 30, 2024 issue covers fourteen commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: ROYALE WINN NOLA LLC, a Florida-based entity, bought the former Winn-Dixie property at 3008 Holiday Drive in Algiers. Office and self-storage led the week with three of the fourteen sales each, as a Canadian-based entity bought storage facilities...
The December 23, 2024 issue covers twelve commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: METALS USA PLATES&SHAPES INC bought the industrial warehouse property at 550 Modern Farms Road in Westwego, adjacent to its current location. Industrial and retail led the week with three of the twelve sales each, including an Elmwood industrial...
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