Newly constructed industrial property sells for 3.5mm

The March 2, 2026 issue covers eight commercial sales recorded on the Northshore the previous week, totaling $5.31M in disclosed volume. The headline deal: 4228 MAIN STREET PROPERTIES LLC, an entity associated with a local construction company, paid $3.5M ($108.17/SF) for a newly constructed industrial property with showroom, office and warehouse space in Slidell. Land made up four of the eight sales, including a 20+ acre tract off Highway 1088 in Mandeville for $670K, and a Florida-based industrial development company bought a distribution facility on 12+ acres at an undisclosed price.

By ELIFIN® Source: ELIFIN transaction database

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8Commercial sales recorded
$5.31MDisclosed volume (6 of 8 sales)
$3.5MLargest sale · 520 Johnny F Smith Blvd
4Land sales, the most active type

Commercial Sales Recorded Last Week 8 sales

520 Johnny F Smith Blvd, Slidell, LA 70460

520 Johnny F Smith Blvd

  • Industrial
  • Slidell

$3,500,000 $108.17 / SF

A local construction company associated entity purchases a newly constructed industrial property with showroom, office and warehouse space.

Buyer4228 MAIN STREET PROPERTIES LLC

Lots 11, 12, 14, 16 Hwy 1088, Mandeville, LA 70448

Lots 11, 12, 14, 16 Hwy 1088

  • Land
  • Mandeville

$670,124 $0.76 / Land SF

A 20+ acre tract of land sells off of Highway 1088 in Mandeville.

BuyerHMS MANAGEMENT GROUP LLC

22398 Hwy 435, Abita Springs, LA 70420

22398 Hwy 435

  • Office
  • Abita Springs

$615,000 $191.35 / SF

A local law firm purchases their current office across the street from the Post Office in Abita Springs.

Buyer22398 HWY 435 LLC

220 N Cate St, Hammond, LA 70401

220 N Cate St

  • Retail
  • Hammond

$214,000 $173.00 / SF

A retail property, occupied by Susan's General Store sells in Hammond.

Buyer3D REALITY LLC

Lot 44-A Compass Way N, Mandeville, LA 70471

Lot 44-A Compass Way N

  • Land
  • Mandeville

$176,000 $6.25 / Land SF

Local business oweners purchase a tract of land within the Alamosa Park development.

BuyerSHRED HAVEN PROPERTIES LLC

1336 Gause Blvd, Slidell, LA 70458

1336 Gause Blvd

  • Land
  • Slidell

$135,000 $7.50 / Land SF

This property was sold at land value, but has two structures, in unknown states of repair, split up into storage units.

Buyer1336 GAUSE LLC

26382 Hwy 190, Lacombe, LA 70445

26382 Hwy 190

  • Land
  • Lacombe

Price withheld

A 2.5 acre parcel of land sells along Highway 190 in Lacombe.

BuyerPINE PLANTATION LLC

100 Enterprise Way, Mandeville, LA 70448

100 Enterprise Way

  • Industrial
  • Mandeville

Price withheld

A Florida-based, industrial development company, purchases a distribution facility (picture unavailable) on 12+ acres.

BuyerBSD I DEVELOPMENT LLC; BSD II DEVELOPMENT LLC

Commercial Permits Issued Last Week 21 permits

AddressTypeValueDescriptionOwner / Applicant / Contractor
24640 HWY 40, BUSHCommercialN/A$100,000O MICHAEL SHANE & KELLEY JENKINSC EAGLE INDUSTRIAL EQUIPMENT, INC.
125 PINNACLE PKWY, COVINGTONCommercialN/A$28,588O EPIC Federal Credit UnionC —
250 BROWNSWITCH RD UNT 141-148, SLIDELLCommercialN/A$9,630O 1ST LAKE PROPERTIES, INC.C Sand's Electrical Solutions LLC STEVEN BUZGIERSKI
70383 BRAVO ST, COVINGTONCommercialN/A$2,835O BEVOLO LIGHTINGC AKA ELEC SERVICES MELVIN WALLE
Serene Lane, CovingtonCommercialN/A$0O Michael Bock & Shelley Becker-BockC Michael Bock & Shelley Becker-Bock
1797 GAUSE BLVD W, SLIDELLCommercialN/A$0O Joan SciaraC Anthony’s Lightning Service LLC ANTHONY MUNOZ
19376 N 9TH ST, COVINGTONCommercialN/A$0O Focal Holdings LLCC —
74030 HWY 1077, COVINGTONCommercialN/A$0O —C —
33490 SYLVE RD UNIT D, SLIDELLCommercialN/A$0O —C —
58049 East Street, SlidellCommercialN/A$0O —C —
15281 HWY 1085, COVINGTONCommercialN/A$0O ST TAMMANY PARISH (PUBLIC WORKS)C ST TAMMANY PARISH (PUBLIC WORKS) CLECO ACCOUNT 200000596515 Dooley Crawford
27409 HWY 190, LACOMBECommercialN/A$0O NICKY WILLYS LLCC JOE PAT'S PLG JOSEPH ARNOULT
33490 SYLVE RD SUITE D, SLIDELLCommercialN/A$0O R&M DELANEY LLCC R&M DELANEY LLC ASHLEIGH WOOD
1921 GAUSE BLVD WEST, SlidellCommercialN/A$0O MICHAEL GULINOC MICHAEL GULINO MICHAEL GULINO
2255 11TH ST, MANDEVILLECommercialN/A$0O ORANGE SOLAR PROPERTIESC ORANGE SOLAR PROPERTIES **CLECO ACCOUNT 210003929358 ESTHER LAYERIE
80296 Sweeney Road, BushCommercialN/A$0O Priscilla FinnC Priscilla Finn
24012 HWY 435, ABITA SPRINGSCommercialN/A$0O Michael BALLC RUSSO'S ELECTRIC KELLY RUSSO
20081 HWY 36, COVINGTONCommercialN/A$0O IMPATO DE FEC IMPATO DE FE JOSE COSME
1933 SURGI DR UNIT B, MANDEVILLECommercialN/A$0O Jimmy Nelson's AutomotiveC WAM ELECTRIC ANDREW WALLACE
26636 MANDANE DR TWR, LACOMBECommercialN/A$0O Charter/spectrumC RUSSO'S ELECTRIC KELLY RUSSO
1541 HWY 190 W, SLIDELLCommercialN/A$0O —C —
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