Adrien Foley and Brady Becker of ELIFIN® represented the tenant in the successful lease of the ±10,135 SF retail space located at 64 Westbank Expy, Unit 220 in Gretna, LA. Challenge The center already had two dominant anchor tenants in place, Rooms to Go and Home Depot, each with exclusive-use and prohibited-use clauses built into their leases. Those clauses restrict which businesses...
The October 12, 2026 issue covers twelve commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $5.72M in disclosed volume. The headline deal: JAHN INVESTMENT LLC paid $1.2M ($136.35/SF) for a restaurant property on Saint Charles Avenue in New Orleans. Retail led the week with nine of the twelve sales, while the Convention Center Authority sold...
Monthly Permit Report | New Orleans New Orleans Commercial Building Permits: August 2026 Orleans Parish issued 41 commercial new-construction and renovation permits in August 2026, with $20.4 million in declared project value. A $12.8 million, two-story museum building at 1060 Magazine Street in the Warehouse District was the month's only new commercial construction and its largest project. ELIFIN is...
Adrien Foley and Brady Becker of ELIFIN® represented both the buyer and seller in the successful sale of the ±41,580 SF industrial property located at 5600 Hayne Blvd in New Orleans, LA. Challenge When Catholic Food Charities listed 5600 Hayne Blvd as part of a two-property portfolio in the summer of 2025, Adrien and Brady moved quickly to represent the buyer on...
The October 5, 2026 issue covers fourteen commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $6.3M in disclosed volume. The headline deal: COASTLINE CONSTRUCTION AND RENOVATION, LLC paid $1.53M ($36.77/SF) for an industrial warehouse on the Industrial Canal at 5600 Hayne Boulevard in New Orleans East. Retail led the week with five of the fourteen...
Adrien Foley and Brady Becker of ELIFIN® represented the seller in the successful sale of the ±3,600 SF retail property located at 3116 Metairie Rd in Metairie, LA. Challenge The property had been the home of the family business for years, and selling it meant closing a chapter that carried real history. But beyond the sentimental weight of the decision, the building...
Overall Dollar Volume is up 5.67% The trailing 12 month total dollar volume of sales was $1.186B at the end of Aug 2026 vs. $1.122B at the end of the prior month. Overall Deal Velocity is up 0.86% The trailing 12 month sale count was 588 at the end of Aug 2026 vs. 583 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2026/09/Market-Report-New-Orleans-LA-August-2026.pdf" attachment_id="22390"...
The September 28, 2026 issue covers eighteen commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $14.4M in disclosed volume. The headline deal: AUDUBON DEVELOPMENT LLC paid $4.45M ($158,929/unit) for a 28-unit multifamily property on Saint Charles Avenue. Industrial made up six of the 18 sales, including two properties in Elmwood Business Park bought by GALVANIZED...
Adrien Foley and Brady Becker of ELIFIN® represented both the buyer and seller in the successful sale of the ±3,581 SF retail property located at 3521 Veterans Blvd in Metairie, LA. Challenge The seller did not want a long, drawn out process. He had one condition: the deal needed to close within 25 days of going under contract. That left...
The September 21, 2026 issue covers eleven commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $10.4M in disclosed volume. The headline deal: 3521 VETERANS BLVD, LLC paid $2.75M ($767.94/SF) for a corner automotive retail property occupied by Firestone in Metairie. Retail and industrial each accounted for four of the 11 sales, a Florida-based company paid...
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