The July 24, 2023 issue covers nine commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: Huntington Park 23 LLC, a Northeastern-based investor, bought the Huntington Park apartments at 7019 Crowder Boulevard in the Little Woods area. Retail led the week with five of the nine sales, while an investor bought 1.5-plus acres with...
The July 17, 2023 issue covers eleven commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: SHREE MAA AMBE LLC bought the Travelodge Hotel at 2200 Westbank Expressway in West Harvey. Retail led the week with five of the eleven sales, including two car wash properties in Harvey and Gretna bought by California-based FCPT...
// Article originally appeared in New Orleans City Business on July 10, 2023 Prior to the Fourth of July holiday, permits were issued to 921 Canal Street for continuing renovations to guestrooms, corridors, and a lounge area refresh. With a planned completion for late 2023, these upgrades are the latest in a slew of upgrades being performed at the Ritz-Carlton. In...
The July 10, 2023 issue covers thirteen commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: JEFFERSON PARISH EMPLOYEES FEDERAL CREDIT UNION bought nearly an acre of vacant commercial land at 1090 Elmwood Park Boulevard in the Elmwood Industrial Park area. Land, multifamily and office led the week with three sales each, while a...
The July 3, 2023 issue covers seven commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: Ulloa Street LLC bought a 20-unit multifamily property at 3841 Ulloa Street in the Tulane/Gravier area. Multifamily led the week with three of the seven sales, while vacant commercial land at the corner of Jefferson Highway and Shrewsbury...
// Article originally appeared in New Orleans City Business on June 26, 2023 Over the past few weeks, permits have been filed for the ongoing new construction at 1300 Oretha Castle Haley Boulevard. Part of the former Brown’s Dairy site, the property named H3C Apartments is aimed to address the growing need for affordable housing, providing 192 new apartments, with 92...
The June 26, 2023 issue covers eight commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: WEM REALTY LLC bought an office property at 4412 Trenton Street in the Pontchartrain Garden area. Retail led the week with three of the eight sales, including FAST STOP REALTY LLC's purchase of the Bella Plaza retail strip...
The June 19, 2023 issue covers five commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: Palmetto Apartments LLC, a Hamdan Sons Investments-led entity, bought a large multifamily property at 3801 Joliet Street in the Dixon area. Multifamily and office led the week with two sales each, including office properties on South Carrollton Avenue...
// Article originally appeared in New Orleans City Business on June 12, 2023 At the close of the week, permits were granted with regards to electrical services at 609 Jackson Avenue in New Orleans; although renovation plans were formally approved in 2016, the site has not undergone much in the way of improvement since its former occupant vacated in 1979. With...
The June 12, 2023 issue covers nine commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: SEVEN OAKS INVESTMENTS LLC, an Eddie Hamdan-led entity, bought 124-plus acres with an industrial building and facility at 500 Seven Oaks Boulevard in the Bridgeview Park area of Bridge City. Retail led the week with three of the...
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