New Orleans Tag

Vacant land near airport sold

The February 16, 2026 issue covers eight commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: GARDENS ON THE CORNER LLC bought a 9-unit multifamily property at Prytania and Melpomene streets. Land made up five of the eight sales, as a local business owner bought three 0.2+ acre lots on 23rd Street near the...

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Market Report – New Orleans, LA – January 2026

Overall Dollar Volume is up 16.66% The trailing 12 month total dollar volume of sales was $988.9M at the end of Jan 2026 vs. $847.6M at the end of the prior month. Overall Deal Velocity is up 6.36% The trailing 12 month sale count was 552 at the end of Jan 2026 vs. 519 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2026/02/Market-Report-New-Orleans-LA-January-2026.pdf" attachment_id="19870"...

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Dmac’s Bar & Grill property sold

The February 9, 2026 issue covers seventeen commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: LEGACY 555 LLC bought D'Mac's Bar & Grill in Mid-City. The week's largest sale was a newly renovated office property on Saint Thomas Street, and retail made up five of the 17 sales....

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Guiding a Complex Rezoning to Deliver Community Impact

Noah Loveland of ELIFIN®, specializing in Retail Sales & Leasing, represented the seller in the successful transaction at 2328 Metairie Rd. Challenge The sale presented a unique regulatory challenge. While the ±16,726 square foot, Class A mixed-use property was well located in the heart of Old Metairie, the buyer’s intended use, a 24-hour emergency and specialty veterinary hospital, was not...

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Le Pavilion luxury hotel sells

The February 2, 2026 issue covers six commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: 3701 US 90 PROPERTY OWNER LLC bought a self-storage property next to Snow Hilton Park on Highway 90 in Avondale. Industrial properties made up three of the six sales, and the 226-room Le Pavilion luxury hotel on Poydras...

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Strategic Coordination Drives a Successful Net Lease Sale

ELIFIN®’s Adrien Foley and Brady Becker, represented both parties on the sale of the auto repair property at 2118 Kenner Ave in Kenner, LA. Challenge This transaction involved a net lease sale with multiple sophisticated parties. The tenant, Gerber, is a national credit tenant, and the buyer, Agree Realty, is a publicly traded REIT. As a result, the deal required...

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Resolving Inspection Negotiations to Achieve a Win-Win Sale

The 5,400 square foot retail property located at 3212 W Esplanade Ave N sold to Fleurty Girl owner for $1.25 million. Adrien Foley and Brady Becker of ELIFIN® represented the seller in this transaction. Challenge Brady and Adrien were tasked with selling the former Quality Seeds location. After successfully finding a buyer, during the due diligence phase, inspection findings led...

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Poydras Tower sold

The January 26, 2026 issue covers eighteen commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: THWG LLC bought an industrial property in Metairie's Labarre Business Park. Multifamily made up five of the 18 sales, as San Antonio-based LYND acquired four apartment complexes totaling 1,512 units at undisclosed prices, and the 32-story Poydras Center...

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French Quarter building sells

The January 19, 2026 issue covers fourteen commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: GRANDBRIDGE HOLDINGS LLC bought a two-story retail property on Veterans Memorial Boulevard in Metairie. Retail made up seven of the 14 sales, and a French Quarter mixed-use property on Iberville Street, with Dickie Brennan's Steakhouse on the ground...

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Market Report – New Orleans, LA – December 2025

Overall Dollar Volume is up 8.38% The trailing 12 month total dollar volume of sales was $840.0M at the end of Dec 2025 vs. $775.1M at the end of the prior month. Overall Deal Velocity is down 0.6% The trailing 12 month sale count was 499 at the end of Dec 2025 vs. 502 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2026/01/Market-Report-New-Orleans-LA-December-2025.pdf" attachment_id="19610"...

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