Assisted living facility sold for 8.5mm
The March 9, 2026 issue covers ten commercial sales recorded on the Northshore the previous week, totaling $13.2M in disclosed volume. The headline deal: SABRA HEALTH CARE HOLDINGS III LLC, a California-based health care REIT, paid $8.5M ($100.05/SF) for The Trace, an assisted and independent living facility on Crawford Road in Covington. Retail made up five of the 10 sales, and a former FedEx shipping center and warehouse in the Northpark Business Park in Covington sold for $1.5M.
Commercial Sales Recorded Last Week 10 sales
19432 Crawford Rd
$8,500,000 $100.05 / SF
A California-based Health Care REIT purchases The Trace, an assissted/indpendent living facility.
BuyerSABRA HEALTH CARE HOLDINGS III LLC
215 Park Pl
$1,500,000 $78.13 / SF
A former Fed Ex shipping center and warehouse sells within the Northpark Business Park in Covington.
BuyerCAP3 LLC
120 E Thomas St
$900,000 $118.42 / SF
A group of local investors purchase the commercial property occupied by The Red, White, & Brew, liquor store with a full service bar, in Downtown Hammond.
BuyerCIN CIN LLC
2255 11th St
$657,000 $205.31 / SF
A retail property with a showroom, back offices and a 20+ car parking lot sells to a local investor.
BuyerORANGE SOLAR PROPERTIES LLC
906 W Oak St
$550,000 $763.89 / SF
A QSR property, formerly a Smoothie King location, sells in Amite.
BuyerSCC OF AMITE LLC
800 Covington Ctr
$350,000 $240.05 / SF
A Baton Rouge-based CPA firm purchases an office property in Covington.
BuyerTRUE NORTH PROPERTY HOLDINGS LLC
72074 Live Oak St
$325,000 $148.13 / SF
A pair of local investors purchase a commercial property, occupied by the Southern Magnolia Montessori School, next to the Abita Springs Town Hall.
BuyerMARTINS STEPHEN WILLAIM; MARTINS JAMIE BAILLIO
75130 Hwy 25
$300,000 $27.27 / SF
A former religious facility with a two-story residential section and a restaurant, in a state of disrepair, sells to a local owner.
BuyerJSB HWY 25 LLC
3005 Pontchartrain Dr
$110,000 $92.20 / SF
A retail condo unit, occupied by a cell phone store, sells within a strip center.
BuyerSANDHU PROPERTIES LLC
11.36 acres Hwy 190
Price withheld
An 11+ acre tract of land sells along Highway 190 in Slidell.
BuyerHOLMES PAUL H
Commercial Permits Issued Last Week 25 permits
| Address | Type | Value | Description | Owner / Applicant / Contractor |
|---|---|---|---|---|
| 18671 AVILA LN BLDG B, COVINGTON | Commercial | N/A | $2,160,409 | O HOLY FAMILY HOMESCHOOL APOSTOLATE INCC MCMATH CONSTRUCTION, LLC SCOTT REVERE |
| 18671 AVILA LN BLDG A, COVINGTON | Commercial | N/A | $2,160,408 | O HOLY FAMILY HOMESCHOOL APOSTOLATE INCC MCMATH CONSTRUCTION, LLC SCOTT REVERE |
| 18671 AVILA LN BLDG C, COVINGTON | Commercial | N/A | $2,160,408 | O HOLY FAMILY HOMESCHOOL APOSTOLATE INCC MCMATH CONSTRUCTION, LLC SCOTT REVERE |
| 104 LAKE DRIVE, COVINGTON | Commercial | N/A | $13,453 | O AWIWIS COV LLCC QUATTRO GRAPHICS LLC |
| 56009 Hwy 433, Slidell | Commercial | N/A | $0 | O Caymen Properties, LLCC — |
| 217 Dream Court Slidell, Slidell | Commercial | N/A | $0 | O Caymen Properties, LLCC Caymen Properties, LLC Nicholas Tureau |
| 103 BEAU CHENE DR, MANDEVILLE | Commercial | N/A | $0 | O Comprehensive PTC OPA SIGNS David Barr |
| 2484 GAUSE BLVD W, SLIDELL | Commercial | N/A | $0 | O —C — |
| 35100 Marle Dr, Pearl River | Commercial | N/A | $0 | O Steve & Yvette ShieldsC Steve & Yvette Shields |
| SNEAD DR, ABITA SPRINGS | Commercial | N/A | $0 | O ABITA OAKS RECREATION AND COMMUNITY CENTER, LLCC ABITA OAKS RECREATION AND COMMUNITY CENTER, LLC MARCUS CLAVIER |
| 80296 Sweeney Road, Bush | Commercial | N/A | $0 | O Priscilla FinnC Priscilla Finn |
| 1004 SEWELL ST, SLIDELL | Commercial | N/A | $0 | O THE PARISH OF ST TAMMANYC COX PARKER CONTRACTORS JEREMY COX |
| 79387 MONEY HILL PKWY, ABITA SPRINGS | Commercial | N/A | $0 | O PHILLIP J AND MELANIE MONROE AGNEWC PHILLIP J AND MELANIE MONROE AGNEW |
| 75509 BEVERLY DR, COVINGTON | Commercial | N/A | $0 | O Justin MayetC — |
| 2156 3RD ST SUITE D, MANDEVILLE | Commercial | N/A | $0 | O PICOLO-RAMOS TEAM LLCC PICOLO-RAMOS TEAM LLC**CLECO ACCOUNT 210003895302 MARCOS RAMOS |
| 179 Lighthouse Pt., Slidell | Commercial | N/A | $0 | O Range Media ProductionsC — |
| 70325 HWY 1077 STE 205, COVINGTON | Commercial | N/A | $0 | O HARI 43339 SUB LLCC HARI 43339 SUB LLC ANILKUMAR PATEL |
| 1680 HWY 59, MANDEVILLE | Commercial | N/A | $0 | O 59 LLC-CLECOC 59 LLC-CLECO ACCT#210001813752 TIMOTHY RICHARDSON |
| 16564 E BREWSTER RD STE 101, COVINGTON | Commercial | N/A | $0 | O LLAB CAPITAL GROUP LLCC LLAB CAPITAL GROUP LLC |
| 21175 HWY 36, COVINGTON | Commercial | N/A | $0 | O HWY 36 INDUSTRIAL PARK LLCC HWY 36 INDUSTRIAL PARK LLC FAYE LOYD |
| 2514 HEADWATERS DR, SLIDELL | Commercial | N/A | $0 | O CHARTER/SPECTRUMC RUSSO'S ELECTRIC KELLY RUSSO |
| 1004 HWY 59, MANDEVILLE | Commercial | N/A | $0 | O TRACEY WOODYC ELECTRICAL RESCUE JOSEPH CHAPMAN |
| 90 GARDENIA DR, COVINGTON | Commercial | N/A | $0 | O HIGHLAND PARK CONGREGATIONC DIAMOND HVAC, INC. DONALD DOVE |
| 81037 DAWSEY RD, COVINGTON | Commercial | N/A | $0 | O SPECTRUMC RUSSO'S ELECTRIC KELLY RUSSO |
| 3047 PINNACLE PARKWAY STE H, COVINGTON | Commercial | N/A | $0 | O HIBISCUS COAST LLCC HIBISCUS COAST LLC |