The December 16, 2024 issue covers eleven commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: RAZZ HALILI TRUST bought a fishing charter and lodging property at 5057 Kenal Road in Lafitte, a purchase by a Texas-based restaurateur. Retail led the week with three of the eleven sales, including the former Uptown Delivery Pharmacy...
Overall Dollar Volume is up 3.39% The trailing 12 month total dollar volume of sales was $832.0M at the end of Nov 2024 vs. $804.7M at the end of the prior month. Overall Deal Velocity is up 1.76% The trailing 12 month sale count was 521 at the end of Nov 2024 vs. 512 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/12/Market-Report-New-Orleans-LA-November-2024.pdf" attachment_id="13534"...
The December 9, 2024 issue covers ten commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: AB&LD PROPERTIES LLC bought a property at 10 Commerce Court in Elmwood with 7520 SF of industrial warehouse space and 4838 SF of office space. Office and land led the week with three of the ten sales each,...
The December 2, 2024 issue covers seven commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: SOUTHWEST REGION CONFERENCE ASSOCIATION OF SEVENTH ADVENTISTS bought a 4+ acre parcel of land at 15 Lake Forest Boulevard near the Audubon Louisiana Nature Center. Land, office and retail properties each accounted for two of the seven sales,...
The November 25, 2024 issue covers nine commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: CLEARVIEW GROUP PROPERTIES LLC bought a multi-tenant office property adjacent to Lakeside Hospital at 4770 South I-10 Service Road West in Metairie. Retail led the week with five of the nine sales, including a commercial property at South...
The November 18, 2024 issue covers five commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: All Star Properties, LLC bought a NNN-leased industrial portfolio, with one property at 16 West 23rd Street in Kenner and the other in Lafayette. Industrial led the week with two of the five sales, including a Kenner warehouse...
Overall Dollar Volume is up 2.53% The trailing 12 month total dollar volume of sales was $804.7M at the end of Oct 2024 vs. $784.9M at the end of the prior month. Overall Deal Velocity is up 2.2% The trailing 12 month sale count was 512 at the end of Oct 2024 vs. 501 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/11/Market-Report-New-Orleans-LA-October-2024.pdf" attachment_id="13294"...
The November 11, 2024 issue covers sixteen commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: 4408 CLEARVIEW INVESTMENTS LLC (Hamdan Sons Investments) bought a Brother's branded gas station on the I-10 Service Road near Clearview Parkway in Metairie. Retail and industrial led the week with four of the sixteen sales each, including a...
The November 4, 2024 issue covers ten commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: GENTILLY CARNIVAL CLUB INC bought a commercial storage property at 4200 Euphrosine Street, off Earhart Boulevard. Land led the week with three of the ten sales, including two Lapalco Boulevard parcels in Marrero bought by CST Land Developers,...
The October 28, 2024 issue covers eleven commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: BP Louisiana Property LLC bought the Fat Harry's & Superior Seafood properties at 4330 and 4338 St. Charles Avenue. Retail led the week with five of the eleven sales, including Anita's Grill on Tulane Avenue, bought by the...
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