The July 8, 2024 issue covers fifteen commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: EWP 2005 LLC bought a retail building occupied by Em's Boutique at 246 Metairie Road at Stella Street in Metairie. Retail and industrial led the week with four sales each, including T&T SALVAGE LLC's purchase of an office...
The July 1, 2024 issue covers thirteen commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: 1544 MANHATTAN HOLDINGS LLC bought a former Walgreens drug store property at 1544 Manhattan Boulevard in Harvey. Retail led the week with seven of the thirteen sales, including KEESLER FEDERAL CREDIT UNION's purchase of a retail property with...
The June 24, 2024 issue covers nine commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: 3045 RIDGELAKE LLC bought a three-story office building at 3045 Ridgelake Drive at 20th Street in Metairie. Retail led the week with five of the nine sales, including a neighborhood retail center on Lapalco Boulevard next to Johnny's...
The June 17, 2024 issue covers fourteen commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: AMS REAL ESTATE LLC bought the former Park Place nursing home at 535 Commerce Street in Gretna. Office and industrial led the week with four sales each, including a medical office on Houma Boulevard in Metairie and CONQUISTA...
Overall Dollar Volume is up 0.83% The trailing 12 month total dollar volume of sales was $757.2M at the end of May 2024 vs. $751.0M at the end of the prior month. Overall Deal Velocity is down 4.19% The trailing 12 month sale count was 480 at the end of May 2024 vs. 501 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/06/Market-Report-New-Orleans-LA-May-2024.pdf" attachment_id="11834"...
The June 10, 2024 issue covers fifteen commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: Haltere Fund VI, LLC, the California-based Haltere Group, bought the Arbors on the Lake apartment complex at 10500 Hayne Boulevard. Retail led the week with six of the fifteen sales, while the City of New Orleans bought an...
The June 3, 2024 issue covers eight commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: PG REALTY PRO LLC, a local entrepreneur, bought the Gilmore Park Apartments at 1315 Southlawn Boulevard near Delgado Community College on the West Bank. Retail and office led the week with two sales each, while the Church of...
The May 27, 2024 issue covers ten commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: 3216 3304 WEST ESPLANADE LLC bought the Petite Esplanade Shopping Center at 3216 and 3304 West Esplanade Avenue in Metairie. Retail led the week with three of the ten sales, while a Gayle Benson-led entity bought a 0.5-plus-acre...
Overall Dollar Volume is steady The trailing 12 month total dollar volume of sales was $731.5M at the end of Apr 2024. Overall Deal Velocity is steady The trailing 12 month sale count was 398 at the end of Apr 2024. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/05/Market-Report-New-Orleans-LA-April-2024.pdf" attachment_id="11598" viewer_width=100% viewer_height=800px fullscreen=true download=true print=true]...
The May 20, 2024 issue covers seven commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: BIG EASY INVESTMENTS LLC OF NEW MEXICO bought a mixed-use property with a street-level restaurant space occupied by Daisy Dukes Cafe and three upper-floor apartments at 308 Saint Charles Avenue. Retail led the week with two of the...
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