The May 13, 2024 issue covers nine commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: KIDS KINGDOM ACADEMY & DAYCARE LLC bought its location at 2907 and 2909 Tulane Avenue, one of its two purchases that week. Retail and office led the week with three sales each, including the daycare's purchase of the...
The May 6, 2024 issue covers six commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: GALVANIZED RE LLC, a local company, bought two industrial buildings at 1521 Kuebel Street in the Elmwood Business Park. The six sales were split one each among industrial, multifamily, office, specialty, retail and mixed-use properties, including a pair...
The April 29, 2024 issue covers eight commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: HANQI INVESTMENTS LLC, Gretna-based investors, bought a mixed-use property at 1224 Decatur Street in the French Quarter. Retail led the week with three of the eight sales, including a former Family Dollar location at Crowder Boulevard and Lake...
Overall Dollar Volume is up 7.48% The trailing 12 month total dollar volume of sales was $733.1M at the end of Mar 2024 vs. $682.1M at the end of the prior month. Overall Deal Velocity is down 1.74% The trailing 12 month sale count was 396 at the end of Mar 2024 vs. 403 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/04/Market-Report-New-Orleans-LA-March-2024.pdf" attachment_id="11346"...
The April 22, 2024 issue covers fourteen commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: ELEMENTAL STYLE&STRUCTURE LLC bought an industrial flex warehouse space at 301A Funston Street in Elmwood. Industrial led the week with six of the fourteen sales, while a Harvey-based investor, head of Guidry Investments, bought the SpringHill Suites and...
The April 15, 2024 issue covers four commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: WASTE PRO OF LOUISIANA INC bought an industrial property at 850 Kenner Avenue, just south of the Airport in Kenner. Industrial led the week with three of the four sales, including Norma's Sweets Bakery's purchase of the industrial...
The April 8, 2024 issue covers twelve commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: R&M PROPERTIES 3131 ELYSIAN FIELDS LLC bought the Cox retail location at 3131 Elysian Fields Avenue, bought as an investment property. Industrial led the week with five of the twelve sales, including Mullins Bros Construction's purchase of the...
The April 1, 2024 issue covers seven commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: BEVOLO GAS & ELECTRIC LIGHTS LLC bought a commercial property at 520 Conti Street in the French Quarter. Land led the week with three of the seven sales, including 0.3-plus acres with a small improvement at Esplanade Avenue...
The March 25, 2024 issue covers seven commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: FC HARVEY LLC bought The Waters at Manhattan, a 360-unit multifamily property at 1499 Central Park Boulevard in Harvey. Multifamily and office led the week with two sales each, including the sale of the Timber Ridge Apartment Complex...
Overall Dollar Volume is up 1.79% The trailing 12 month total dollar volume of sales was $682.1M at the end of Feb 2024 vs. $670.1M at the end of the prior month. Overall Deal Velocity is steady The trailing 12 month sale count was 403 at the end of Feb 2024. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/03/Market-Report-New-Orleans-LA-February-2024.pdf" attachment_id="10903" viewer_width=100% viewer_height=800px fullscreen=true download=true print=true]...
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