The August 28, 2023 issue covers eight commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: JEFFERSON ONE SAI PROPERTY LLC bought the Colonial Shopping Center at 7335 Jefferson Highway in Harahan. Retail led the week with seven of the eight sales, including the Charvet's Garden Center property on Clearview Parkway and the Dickory...
// Article originally appeared in New Orleans City Business on August 21, 2023 Permits were granted this week with regards to temporary structures from 400-700 North Claiborne Avenue, in the way of bathrooms, storage containers for portable items, including a stage with ADA ramp, kiosks, hand washing stations, convenience sinks, trash receptacles, tables, and chairs. Congregation on North Claiborne Avenue has...
DOWNLOAD FULL REPORT (PDF) Overall Dollar Volume is down 8.5% The trailing 12 month total dollar volume of sales was $789.4M at the end of Jul 2023 vs. $862.7M at the end of the prior month. Overall Deal Velocity is down 5.88% The trailing 12 month sale count was 416 at the end of Jul 2023 vs. 442 at the end of the prior...
The August 21, 2023 issue covers nine commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: WOODMERE DAYCARE L L C, a Harvey-based investor, bought a 14-unit multifamily property at 8520 Hickory Street in the Leonidas area. Retail led the week with four of the nine sales, including a Minnesota-based entity's purchase of an...
The August 14, 2023 issue covers seven commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: GRETNA OFFICE COMPLEX LLC bought an office building at 2550 Belle Chasse Highway in Gretna. Office and retail led the week with two sales each, while the Greystone Manor Apartments on Houma Boulevard sold and a former bank...
// Article originally appeared in New Orleans City Business on August 7, 2023 Permits pertaining to a new hotel at 3500 St. Charles Ave. were issued on July 25. The site was formerly improved with a mixed-use office property of no historic importance prior to it being razed and advertised for ground lease. Plans were announced in Fall of 2022 with...
The August 7, 2023 issue covers ten commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: SMBC LEASING AND FINANCE INC, a New York-based entity, bought an office property occupied by Fresenius Kidney Care at 2908 General De Gaulle Drive in the Behrman area. Office and multifamily led the week with three sales each,...
The July 31, 2023 issue covers eight commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: ALGIERS PLAZA, LLC, a California-based entity, bought the Algiers Plaza shopping center at 4100 General De Gaulle Drive. Multifamily led the week with four of the eight sales, including a local investor's purchase of three duplexes on Louisiana...
DOWNLOAD FULL REPORT (PDF) Overall Dollar Volume is down 7.88% The trailing 12 month total dollar volume of sales was $896.3M at the end of Jun 2023 vs. $973.0M at the end of the prior month. Overall Deal Velocity is down 3.29% The trailing 12 month sale count was 459 at the end of Jun 2023 vs. 475 at the end of the prior...
// Article originally appeared in New Orleans City Business on July 24, 2023 Last week, permits were granted with regards to HVAC units at 420 Julia Street. Constructed in the 1880s, the former site of the Louisiana Children’s Museum was sold in 2019 to Nashville-based developer AJ Capital. Rumors about programming and use have swirled since the transaction took place, with...
No obligation. Takes under two minutes.