New Orleans Tag

Aldi-anchored center sold to Michigan company

The March 30, 2026 issue covers seventeen commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: BEARCAT ENTERPRISES LLC, owner of the local eatery Bearcat CBD, bought its location on Carondelet Street. Multifamily made up seven of the 17 sales, all part of a larger Providence Community Housing package, and a Michigan-based company bought...

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Market Report – New Orleans, LA – February 2026

Overall Dollar Volume is down 3.68% The trailing 12 month total dollar volume of sales was $952.5M at the end of Feb 2026 vs. $988.9M at the end of the prior month. Overall Deal Velocity is down 2.54%% The trailing 12 month sale count was 538 at the end of Feb 2026 vs. 552 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2026/03/Market-Report-New-Orleans-LA-February-2026.pdf" attachment_id="20272"...

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Daiquiri shop in Grand Isle sold

The March 23, 2026 issue covers five commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: Sara Rae Zegelbone Proctor bought a former Starbucks property at the corner of Maple and Adams streets. The other sales included a two-unit office property on General De Gaulle Drive, a daiquiri shop in Grand Isle and a...

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New Orleans-Based Investors Purchase Walker Plaza Retail Center

March 20, 2026 – Baton Rouge, LA – ELIFIN® is pleased to announce the successful sale of 28050 Walker South Rd in Walker, LA, also known as Walker Plaza. Formerly owned by Frank Mueller, the property has been sold to Oliver and Louise Montagnet of New Orleans. Noah Loveland and Benji Azar of ELIFIN® represented the Montagnets in the acquisition of...

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Texas company acquires shopping center

The March 16, 2026 issue covers ten commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: CASH AMERICA INC OF LOUISIANA, a Texas-based company, bought a shopping center property on Airline Drive in Metairie. Retail made up four of the 10 sales, a former furniture store with showroom and warehouse space in Elmwood sold,...

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St Vincent de Paul property sells

The March 9, 2026 issue covers ten commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: MARILLAC COMMUNITY HEALTH CENTERS bought a two-story office property on Canal Street occupied by St Vincent de Paul. Multifamily made up three of the 10 sales, including a 10-unit property on North Johnson Street and a 5-unit building...

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From Uncertainty to Closing in 25 Days

After more than 20 years of stable ownership with the same tenant in place, an unexpected vacancy created an urgent situation for the building owner, who needed a fast and reliable solution for the property. Brady Becker and Adrien Foley of ELIFIN® represented both the buyer and seller in the sale of the industrial building located at 2317 Kingston...

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Gordon McKernan-led entity purchases Jefferson Financial building

The March 2, 2026 issue covers eight commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: 115-117 FOCIS STREET LLC bought a multi-tenant retail property near Metairie Road. Industrial made up four of the eight sales, three of them warehouses near the airport in Kenner, and an entity backed by a pair of attorneys...

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2025 New Orleans Metro Commercial Real Estate Year in Review

2025 New Orleans Metro Commercial Real Estate Year in ReviewThe Greater New Orleans commercial real estate market posted solid results in 2025, recording 519 sales transactions across Orleans and Jefferson parishes with a combined dollar volume of $847.6 million. That total represents a 2.2% increase in dollar volume over 2024 despite a slight 1.5% dip in transaction count — a...

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Former Light City Church property sold

The February 23, 2026 issue covers three commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: FORGIVEN THE EVANGELISTIC MINISTRY OF MELONIE PICHON bought the former Light City Church religious facility on Saint Claude Avenue. The other two sales were a retail property on Chef Menteur Highway and a former doctor's office building in...

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