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Academy Sports + Outdoors
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SRS Real Estate Brokers $10.4 Million Sale of Single-Tenant Retail Property in Shreveport, Louisiana

by Abby Cox

Shreveport, La. — SRS Real Estate Partners has brokered the $10.4 million sale of a single-tenant retail property in Shreveport. Academy Sports + Outdoors occupies the 72,525-square-foot building on an absolute triple-net, corporate guaranteed lease with 13 years remaining. Built in 2018, the property is situated on roughly 7.7 acres. Michael Berk, Patrick Nutt and Chip Watson of SRS Capital Markets represented the seller, a private investor, in the transaction. The buyer was a publicly traded REIT. 

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Southgate
Grocery-anchoredInvestment salesLouisianaNews

Disney Investment Group Sells 157,818-Square-Foot Shopping Center in Louisiana

by Abby Cox

Lake Charles, La. — Disney Investment Group (DIG) has sold Southgate, a 157,818-square-foot shopping center located in Lake Charles. The center has been anchored by a 37,442-square-foot Market Basket grocery store for nearly 40 years. Additional tenants at the property, which was 90.8 percent leased at the time of sale, include Dollar Tree, Office Depot, Books-A-Million and Oak Street Health. David Disney and Adam Crockett of DIG represented the seller and procured the buyer in the transaction.

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Village Square
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Marcus & Millichap Brokers $6.8 Million Sale of Village Square in Baton Rouge, Louisiana 

by Abby Cox

Baton Rouge, La. — Marcus & Millichap has brokered the $6.8 million sale of Village Square, a 47,000-square-foot, three-building retail center near Louisiana State University (LSU) in Baton Rouge. Shadow-anchored by Walmart, Village Square features a mix of tenants including Coffee Call, Classy Nails, Teatery & Tapioca and Juicy Seafood, as well as Office Depot and Sally Beauty, which have operated at the site for more than 20 years. In May, Village Square’s Capital One and IHOP outparcels sold for $5.2 million. Zach Taylor and Eric Abbott of Marcus & Millichap’s Taylor …

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Towne-Center-at-Cedar-Lodge
Grocery-anchoredInvestment salesLouisianaNews

DLC, DRA Advisors Acquire 316,031-Square-Foot Shopping Center in Baton Rouge, Louisiana

by Abby Cox

Baton Rouge, La. — A partnership between New York-based companies DLC and DRA Advisors has acquired Towne Center at Cedar Lodge, a 316,031-square-foot shopping center located in Baton Rouge, near the Louisiana State University campus. The purchase price was $81 million, according to the Baton Rouge Advocate. Whole Foods Market anchors the property, which was 93 percent leased at the time of sale. Other tenants include Barnes & Noble, Nike, Gap and Ulta Beauty.

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Highland Plaza Shopping Center
Grocery-anchoredInvestment salesLouisianaNews

Legacy Realty Group Arranges Sale of Highland Plaza Shopping Center in Baton Rouge, Louisiana

by Abby Cox

Baton Rouge, La. — Legacy Realty Group Advisors has arranged the sale of Highland Plaza Shopping Center, a 70,405-square-foot shopping center in Baton Rouge. Situated on roughly 6 acres near the Louisiana State University campus, the property is anchored by a Walmart Neighborhood Market. Additional tenants include Lake After Hours, Waka House, OHK Korean Hot Dogs, New Orleans Daquiri and The UPS Store. The center was originally built in 1993 and renovated in 2025, according to Commercial Search. Jacob Baruch, Jonah Warshaw and Ari Warshaw of Legacy Realty Group Advisors …

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Trader-Joes_Eagan-Minn
DevelopmentLouisianaNews

Feil Organization to Open 13,368-Square-Foot Trader Joe’s Store in New Orleans

by Abby Cox

New Orleans — The Feil Organization will open a new Trader Joe’s at 2501 Tulane Avenue in New Orleans, marking the grocer’s first introduction to the city. Located across from the New Orleans VA Medical Center, the site will house a 13,368-square-foot store, 100 parking spaces and pedestrian-friendly access points. In addition to Trader Joe’s, the development will include a 3,000-square-foot dental clinic, according to The Bayou Insider. Feil originally acquired the site in 2016 and signed a retail lease with Trader Joe’s in 2023. The new store is expected to …

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Lafayette Marketplace
Grocery-anchoredInvestment salesLouisianaNews

Marcus & Millichap Brokers $5.8 Million Sale of 87,122-Square-Foot Retail Center in Lafayette, Louisiana

by Abby Cox

Lafayette, La. — Marcus & Millichap has brokered the $5.8 million sale of Lafayette Marketplace, an 87,122-square-foot retail center located in Lafayette. Super 1 Foods anchors the property, which occupies roughly 60 percent of the center. Additional tenants include Dollar Tree, Family Dollar, Metro by T-Mobile and Ace Cash Express. Built in 1995 and renovated in 2024, Lafayette Marketplace spans 10 acres and is situated near the West Village master-planned development that is currently underway. Eric Abbott and Zach Taylor of Marcus & Millichap represented the seller in the transaction. …

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Bert Kouns Retail Plaza
Investment salesLouisianaNews

STRIVE Brokers Sale of 14,000-Square-Foot Retail Property in Shreveport, Louisiana

by Abby Cox

Shreveport, La. — STRIVE has brokered the sale of Bert Kouns Retail Plaza, a 14,000-square-foot retail property located in Shreveport, roughly 17 miles east of the Texas border. Originally built in 2002, the center was fully leased to a nail salon, Johnny’s Catfish, Unique LaChique’s Event Center, Tower Loan, Jackie’s Outlet and M&M Builders at the time of sale. Andrew Williams and Will Schubert of STRIVE represented the seller and sourced the buyer, both locally based in Louisiana. Additional terms of the sale were not disclosed.

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Investment salesLouisianaNews

Time Equities Purchases Shopping Center in Louisiana for $3.4 Million

by Hayden Spiess

Crowley, La. — Time Equities Inc. (TEI) has purchased Crowley Plaza, a shopping center located in Crowley, for $3.4 million. This marks TEI’s first acquisition in the state. Built in 1999, the property totals 27,228 square feet across two multi-tenant buildings. Tenants at the center, which was 78 percent leased at the time of sale, include Game Stop, Sally Beauty Supply, AT&T, Express Urgent Care and USAgencies Insurance. Ami Ziff, Jonathan Kim, Grant Scott and Eli Smith represented TEI in the transaction on an interal basis. Hudson Lambert of STRIVE represented …

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FCPT Purchases 20 Bloomin’ Brands Restaurant Properties for $66.4 Million 

by Hayden Spiess

Mill Valley, Calif. — Four Corners Property Trust (FCPT) has purchased 20 restaurant properties occupied by Bloomin’ Brands concepts for $66.4 million dollars. Located in Arizona, Florida, Georgia, Kentucky, Louisiana, North Carolina, Nevada, Pennsylvania, South Carolina and Tennessee, the portfolio includes 10 Outback Steakhouse restaurants and 10 Carrabba’s Italian Grill restaurants, with one dual-tenant property occupied by both concepts. The properties are leased to corporate Bloomin’ Brands entities on two master leases. This transaction makes Bloomin’ Brands the third largest tenant for FCPT, accounting for 3.3 percent of cash rent for …

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