The March 18, 2024 issue covers thirteen commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: EXCELTH INC, a primary health care company, bought its location at 4422 General Meyer Avenue in Algiers, adjacent to Edna Karr High School. Industrial led the week with five of the thirteen sales, while a local investor bought...
The March 11, 2024 issue covers thirteen commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: 1332 ESPLANADE AVE LLC bought a six-unit multifamily property at 1332 Esplanade Avenue in Tremé. Industrial led the week with six of the thirteen sales, including Caluda's Cottage Catering's purchase of its bakery and catering property in Elmwood...
The March 4, 2024 issue covers nine commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: ADAM AND MOE LLC, a Gretna-based investor, bought a convenience store property with a parking lot at 3200 Saint Claude Avenue. Retail led the week with three of the nine sales, including the same investor's purchase of a...
The February 26, 2024 issue covers five commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: ATHLOS ACADEMY OF JEFFERSON bought its charter school property at 979 Behrman Highway in Terrytown. Retail accounted for two of the five sales, including Goody's Seafood, a retail grocery on 4th Street in Harvey that sold, and the...
The February 19, 2024 issue covers seven commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: CROWN ENTERPRISES LLC, a Michigan-based commercial real estate development entity, bought a truck terminal at 12169 Old Gentilly Road, one of eight properties it bought through Yellow Trucking's bankruptcy bidding process. Industrial and retail led the week with...
Overall Dollar Volume is up 3.88% The trailing 12 month total dollar volume of sales was $670.1M at the end of Jan 2024 vs. $645.0M at the end of the prior month. Overall Deal Velocity is up 1.76% The trailing 12 month sale count was 404 at the end of Jan 2024 vs. 397 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/03/Market-Report-New-Orleans-LA-January-2024.pdf" attachment_id="10840"...
The February 12, 2024 issue covers ten commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: JMRV SUPERIOR INVESTMENTS LLC, a California-based investor, bought a mobile home park at 7500 Chef Menteur Highway in the Viavant/Venetian Isles area. Office led the week with four of the ten sales, including an office flex warehouse near...
The February 5, 2024 issue covers sixteen commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: BUTTERFIELDS BUTTER LLC bought a mixed-use property at 201 Decatur Street, at the corner of Iberville Street in the French Quarter. Retail and industrial led the week with five sales each, including McDonald's Real Estate Company's purchase of...
The January 29, 2024 issue covers seven commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: AMERICAN NATIONAL RED CROSS bought an office building at 4140 Williams Boulevard in Kenner near the Pontchartrain Convention Center. Office led the week with three of the seven sales, including a newly renovated three-story office next to the...
DOWNLOAD FULL REPORT (PDF) Overall Dollar Volume is up 3.66% The trailing 12 month total dollar volume of sales was $645.0M at the end of Dec 2023 vs. $622.3M at the end of the prior month. Overall Deal Velocity is up 1.79% The trailing 12 month sale count was 397 at the end of Dec 2023 vs. 390 at the end of the prior...
No obligation. Takes under two minutes.