New Orleans Tag

Gayle Benson-backed entity purchases property

The July 20, 2026 issue covers fourteen commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: ALOST AND DOWNMAN LLC bought a mixed-use property with office space and apartments on Downman Road. Retail and multifamily each accounted for four of the 14 sales, and an entity backed by Gayle Benson bought three properties on...

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Market Report – New Orleans, LA – June 2026

Overall Dollar Volume is down 2.11% The trailing 12 month total dollar volume of sales was $1.107B at the end of Jun 2026 vs. $1.131B at the end of the prior month. Overall Deal Velocity is up 1.06% The trailing 12 month sale count was 573 at the end of Jun 2026 vs. 567 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2026/07/Market-Report-New-Orleans-LA-June-2026.pdf" attachment_id="21329"...

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Tennessee-based company purchases Walgreens property

The July 13, 2026 issue covers eleven commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: CD NEW ORLEANS, LLC, a Tennessee-based company, bought a Walgreens branch property on Lake Forest Boulevard. Retail made up four of the 11 sales, including an auto repair property across from Lakeside Shopping Center, and a Pennsylvania-based company...

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Selling More Than a Building

Benji Azar of ELIFIN® represented the seller in the successful sale of the 34-unit multifamily property located at 1400 Lake Ave in Metairie, LA. Challenge The sellers were a family navigating a succession, inheriting both the property and its associated responsibility. The building had been owned and operated by the family since the early 1970s, and the weight of that...

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84 Days to a National Tenant

Adrien Foley and Brady Becker of ELIFIN® represented the landlord in the successful lease of the ±10,000 SF office warehouse located at 1309 Dealers Ave in Elmwood, LA. Challenge The landlord had purchased the building in cash and put real money into renovating it. With that investment made, he was eager to get a tenant in. The pressure to lease...

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Retail Property for Sale on Veterans Boulevard in Metairie

Retail | Metairie, Jefferson ParishRetail Property for Sale on Veterans Boulevard in MetairieRetail buildings on Veterans Memorial Boulevard in Metairie traded at an average of $391 per square foot across the disclosed sales ELIFIN tracked from 2021 through 2025. Over that period 25 retail properties on the corridor changed hands for $73.6 million in total volume. If you own a...

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Selling a Warehouse in Kenner, North of MSY

Industrial / Warehouse | Kenner, Jefferson ParishSelling a Warehouse in Kenner, North of MSYIf you own a warehouse north of Louis Armstrong International (MSY) in Kenner, the kind with a 10 to 20 percent office build-out and a fenced exterior yard, you own one of the most tradeable industrial products in Jefferson Parish. ELIFIN has tracked 116 industrial sales in...

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Historic Bohn Motor Co. building changes ownership

The July 6, 2026 issue covers eleven commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: HOMER FOUNDATION bought the historic, 100+ year old Bohn Motor Co. building on South Broad Street and an adjacent parking lot. The week's largest sale was a strip center across from Clearview City Center Mall on Veterans Memorial...

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Orleans Parish Commercial Real Estate Sales: May 2026

ELIFIN Recorded Sales DigestOrleans Parish Commercial Real Estate Sales: May 2026Source: ELIFIN's proprietary weekly review of Orleans Parish Clerk of Court filings.Recorded Sales28Dollar Volume$70.4MMedian Sale Value$871,250Sales by property typeProperty TypeSalesDollar VolumeShare of VolumeIndustrial1$260,0000.4%Office3$36,795,20052.3%Retail10$17,870,70025.4%Multifamily6$4,075,0005.8%Land2$453,3330.6%Other commercial6$10,931,20015.5%Total28$70,385,433100.0%Top transactionsAddressCity / ParishTypeSFSale DatePrice1440 Canal StNew Orleans, OrleansOffice507,973May 14, 2026Undisclosed460 Josephine St; 2120 Rousseau StNew Orleans, OrleansRetail18,499May 22, 2026$5,200,0003233 Magazine StNew Orleans, OrleansRetail19,210May 21, 2026Undisclosed4933, 4935...

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Jefferson Parish Commercial Real Estate Sales: May 2026

ELIFIN Recorded Sales DigestJefferson Parish Commercial Real Estate Sales: May 2026Source: ELIFIN's proprietary weekly review of Jefferson Parish Clerk of Court filings.Recorded Sales36Dollar Volume$28.5MMedian Sale Value$475,000Sales by property typeProperty TypeSalesDollar VolumeShare of VolumeIndustrial9$4,494,03315.7%Office9$4,152,15214.6%Retail7$4,839,86717.0%Multifamily5$4,844,00017.0%Land4$1,695,0005.9%Other commercial2$8,510,00029.8%Total36$28,535,052100.0%Top transactionsAddressCity / ParishTypeSFSale DatePrice3400 S I 10 Service Rd WMetairie, JeffersonHotelMay 14, 2026$8,000,000407 Folse StNew Orleans, JeffersonRetail9,434May 7, 2026Undisclosed3812 Ridgelake DrMetairie, JeffersonOffice11,600May 4, 2026$1,793,0001401 Whitney AveGretna,...

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