Canal Street Beat | New Orleans Real Estate News

Marcus & Millichap Brokers Sale of Broussard Industrial Facility Leased to Drilling Tools International

July 26, 2026 • News • 99

Marcus & Millichap confirmed the sale of a 35,840-square-foot industrial property in Broussard, Louisiana, leased to Drilling Tools International. The transaction, announced on July 23, 2026, transferred the facility on a 10-acre site to a real estate investment trust (REIT) for more than $130 per square foot. The industrial facility, located at 1149 Smede Highway, [&hellip
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Marcus & Millichap Brokers $8.81M Sale of Covington Cardiovascular Surgery Center to Montecito Medical

July 26, 2026 • News • 64

A cardiovascular surgery center located at 2252 Watercross Parkway in Covington has been sold for $8.81 million. The transaction was brokered by Marcus & Millichap and represents a significant investment in the Northshore’s healthcare real estate market. The 10,690-square-foot facility, completed in 2025, is fully leased to a cardiovascular specialty practice staffed by eight physicians. [&hellip
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Elevation Station to Reopen Northshore Flagship at 50 Park Place in Covington

July 26, 2026 • News • 73

Elevation Station is set to make a comeback in Covington with plans to reopen a new, larger trampoline park at 50 Park Place. This move marks their return to the Northshore area, bringing leisure activities and jobs back to St. Tammany Parish. The reopening will expand the facility’s event space and offerings, catering to parties, [&hellip
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CommCare Opens $30M John A. Stassi II Community Care Center in Metairie

July 26, 2026 • News • 94

CommCare has completed the $30 million John A. Stassi II Community Care Center in Metairie, marking a significant investment in healthcare real estate for Jefferson Parish and the New Orleans metro area. The facility, set to officially open on July 28, 2026, replaces the older St. Anthony’s Community Care Center, adding approximately 120 private rooms [&hellip
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Engel & Völkers New Orleans Hires Kiley Martin, Louisiana’s Only Certified Divorce Real Estate Expert

July 25, 2026 • News • 149

Engel & Völkers New Orleans has announced the hiring of Kiley Martin as a real estate advisor, marking a significant addition to the local luxury brokerage. Martin is notable for being the only Certified Divorce Real Estate Expert (CDRE) in Louisiana, a credential that brings specialized expertise to the complex area of marital-property transactions in [&hellip
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Omni Royal Orleans Opens Reimagined La Riviera Rooftop, Finalizes Hotel Renovation

July 24, 2026 • News • 211

The Omni Royal Orleans in the French Quarter has reopened its renovated La Riviera Rooftop and Pool Bar, marking the latest phase of a comprehensive two-year renovation. Located at 621 St. Louis Street, the rooftop now offers guests and the public day passes and cabana rentals as part of an expanded public access initiative. The [&hellip
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The Kitchen Guys Expands Southeast Presence with Hawk Inc. Acquisition

July 23, 2026 • News • 166

The Kitchen Guys, headquartered in Greater New Orleans, has acquired Hawk, Inc., a foodservice equipment dealer based in Central Alabama. This strategic acquisition includes Hawk’s 15,000-square-foot showroom and enhances The Kitchen Guys’ presence across the Southeast. The acquisition, confirmed on July 20, 2026, provides The Kitchen Guys with expanded scale and design-build capabilities. The integration [&hellip
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Gayle Benson Expands Downtown Holdings with Three St. Charles Avenue Purchases

July 23, 2026 • News • 281

Gayle Benson, owner of the Saints and Pelicans, has acquired three properties on St. Charles Avenue overlooking Harmony Circle, enhancing her control over downtown real estate in New Orleans. The properties include the Taylor Building at 944 St. Charles Ave., the former Circle Bar at 1032 St. Charles Ave., and a vacant lot at Harmony [&hellip
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Red River Bank Opens Consolidated Banking Center in Downtown New Orleans

July 22, 2026 • News • 200

Red River Bank has officially launched a new, consolidated banking center at 1100 Poydras St., Suite 100, in the Energy Centre. This move merges their previous operations from 700 Baronne St. and Suite 925 of the same building, marking a strategic shift in their downtown presence. The new downtown location, opened around July 20, 2026, [&hellip
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Dat Dog Undergoes Major Renovation at Freret Flagship

July 22, 2026 • News • 220

Dat Dog has commenced a significant renovation at its original Freret Street location, 5030 Freret St., New Orleans. A commercial permit valued at $508,000 confirms the project’s focus on demolishing and rebuilding the covered exterior while preserving the historic filling-station and its canopy. The renovation requires the removal of the exterior slab, joists, columns, and [&hellip
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