Tennessee company purchases medical property

The July 20, 2026 issue covers twelve commercial sales recorded on the Northshore the previous week. The headline deal: MMOF IV COVINGTON LA LLC, a Tennessee-based company, bought a medical center property near Avanti Senior Living on Watercross Parkway in Covington. Retail and land each accounted for four of the 12 sales, including a New York-based company's purchase of a newly built Cava-occupied property on Highway 190 in Covington.

By ELIFIN® Source: ELIFIN transaction database

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12Commercial sales recorded
4Retail sales, the most active type

Commercial Sales Recorded Last Week 12 sales

2252 Watercross Pkwy, Covington, LA 70433

2252 Watercross Pkwy

  • Office
  • Covington

A Tennessee-based company purchases a medical center property near Avanti Senior Living on Watercross Parkway.

BuyerMMOF IV COVINGTON LA LLC

417 N Hwy 190, Covington, LA 70433

417 N Hwy 190

  • Retail
  • Covington

A New York-based company purchases a newly built Cava-occupied retail property. (building picture unavailable)

BuyerCOVINGTON 401 LLC

20203 Hwy 190, Hammond, LA 70403

20203 Hwy 190

  • Retail
  • Hammond

In one of two similar purchases this past week, ExchangeRight buys a Dollar General property on Hwy 190.

BuyerEXCHANGERIGHT NET-LEASED PORTFOLIO 76 D S T

42260 Pumpkin Center Rd, Hammond, LA 70403

42260 Pumpkin Center Rd

  • Retail
  • Hammond

In one of two similar purchases this past week, ExchangeRight buys a Dollar General property on Pumpkin Center Road.

BuyerEXCHANGERIGHT NET-LEASED PORTFOLIO 76 DST

426 E Rutland St, Covington, LA 70433

426 E Rutland St

  • Hospitality
  • Covington

A renovated 107 year old bed and breakfast property sells in Downtown Covington.

BuyerROMAN CATHOLIC CHURCH ARCHDIOCESE OF N O

115 S Oak St, Hammond, LA 70403

115 S Oak St

  • Land
  • Hammond

A 0.3+ acre parcel of land currently used as parking lot sells on South Oak Street.

BuyerLOT ONE FIFTEEN LLC

68425 Hwy 59 (Suites 4, 5, 6), Mandeville, LA 70471

68425 Hwy 59 (Suites 4, 5, 6)

  • Industrial
  • Mandeville

A commercial property with a front showroom space and back warehouse sells within the Alamosa Business Park.

BuyerMANDEVILLE MAVERICKS BASEBALL LLC

516 N Jefferson Ave, Covington, LA 70433

516 N Jefferson Ave

  • Land
  • Covington

A 0.3+ acre parcel of land sells across from the St. Tammany Parish Clerk of Court.

Buyer516 JEFFERSON LLC

28155 Hwy 22 E, Ponchatoula, LA 70454

28155 Hwy 22 E

  • Land
  • Ponchatoula

A 9+ acre parcel of land sells across from Bedico Baptist Church on Highway 22.

BuyerJTSG ENTERPRISES LLC

Lot C-1, C-2 S I 12 Service Rd, Ponchatoula, LA 70454

Lot C-1, C-2 S I 12 Service Rd

  • Land
  • Ponchatoula

A pair of land parcels, totaling 6+ acres, sell fronting on the South I-12 Service Road.

BuyerEASY TO REMEMBER LLC

68361 Commercial Way S (Unit H), Mandeville, LA 70471

68361 Commercial Way S (Unit H)

  • Industrial
  • Mandeville

A light industrial condo unit property sells on Commercial Way South.

BuyerSOUL PURPOSE VETERINARY HOSPICE & HOME EUTHANASIA

40071 W I-55 Service Rd, Ponchatoula, LA 70454

40071 W I-55 Service Rd

  • Retail
  • Ponchatoula

A retail property changes hands off of West Interstate 55 Frontage Road.

BuyerREALTY INCOME PROPERTIES 29 LLC

Commercial Permits Issued Last Week 5 permits

AddressTypeValueDescriptionOwner / Applicant / Contractor
21451 Lacsue Ln, HammondRoad Boring and Utility (C)$0AT&T road boreO N/AC AT&T
68361 Commercial Way S, Unit 8, MandevilleElectrical (C)$0Commercial electrical connectionO N/AC N/A
2993 HWY 190, Unit B, MandevilleElectrical (C)$0Name changeO N/AC N/A
13406 Seymour Meyers Blvd, Unit 1, CovingtonElectrical (C)$0Name changeO N/AC N/A
1011 N Causeway Blvd, MandevilleElectrical (C)$0Commercial electrical connectionO N/AC N/A
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