The April 17, 2023 issue covers nine commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: PIAZZA ROSICA S; PIAZZA NICHOLAS L SR bought two adjacent fourplexes at 2204 Idaho Avenue in the Lisa Park area of Kenner. Retail led the week with four of the nine sales, including a two-unit retail space on...
DOWNLOAD FULL REPORT (PDF) Overall Dollar Volume is down 2.15% The trailing 12 month total dollar volume of sales was $1.114B at the end of Mar 2023 vs. $1.139B at the end of the prior month. Overall Deal Velocity is down 2.06%. The trailing 12 month sale count was 498 at the end of Mar 2023 vs. 509 at the end of the prior...
The April 10, 2023 issue covers ten commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: ST.JOHN GARDEN DISTRICT HOUSE, LLC, California-based investors, bought a Garden District church with historic ties to the 1840s at 2930 Camp Street. Mixed-use and industrial led the week with three sales each, including an Uptown property with two...
The April 3, 2023 issue covers ten commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: MDC ASSOCIATES L L C bought a retail property at 735 Elysian Fields Avenue in the Marigny. Retail led the week with five of the ten sales, including Hamdan Sons Investments LLC's purchase of an IHOP restaurant location...
The March 27, 2023 issue covers eleven commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: TEJANI HOLDINGS LOUISIANA LLC, Vinton, Louisiana-based investors, bought a two-building property with the former Jubilee Casino and a truck stop, gas station and restaurant at 15200 Chef Menteur Highway in the Venetian Isles area. Industrial led the week...
The March 20, 2023 issue covers nine commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: FORTY ELEVEN LLC bought a two-story retail building at 4011 Magazine Street in the Touro area. Retail and industrial led the week with three sales each, including Hamdan Sons Investments' purchase of a former Midas Auto Repair property...
The March 13, 2023 issue covers eleven commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: TERRYTOWN RESIDENCES LLC, local investor Imad Hamdan, bought the 304-unit Louisburg Square Apartments at 608 Farmington Place and 1960 Daniels Road in the Terrytown/Gretna area. Industrial led the week with four of the eleven sales, while Hamdan also...
The March 6, 2023 issue covers twelve commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: CMP 1 LLC bought three adjoining parcels with three multifamily buildings totaling eight units on Adams Street. Retail led the week with six of the twelve sales, while Chicago-based investors bought a recently updated 11-unit boutique hotel on...
The February 27, 2023 issue covers four commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: GOVERNMENT ENTERPRISES LLC bought 0.15 acres of C-1 zoned land at 4534 Belle Drive in the Pontchartrain Shores area of Metairie. The four sales were split among land, specialty, office and hospitality properties, including a Mississippi-based investor's purchase...
The February 20, 2023 issue covers ten commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: 2515-21 CHARTRES LLC bought the 11-unit Lions Inn Bed & Breakfast on Chartres Street in the Marigny, bought in two separate transactions. Retail led the week with three of the ten sales, while DUKE LANA bought a 2,403...
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