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Marcus & Millichap Negotiates $11.7 Million Sale of Shopping Center in Ruston, Louisiana

Ruston, La. — Marcus & Millichap has negotiated the $11.7 million sale of Ruston Marketplace, a 94,000-square-foot retail center in Ruston. The property was leased to eight tenants at the time of sale, including Hobby Lobby, T.J. Maxx, Ulta Beauty,

…

  • October 29, 2020

Raising Cane’s Restaurant Crew Members Sew Masks for Local Hospitals

Baton Rouge, La. — While the majority of its 500 restaurants are open and serving customers through its drive-thrus, Raising Cane’s dine-in only restaurant has shifted operations to make masks instead of its signature chicken fingers. Raising Cane’s crew members have

…

  • May 11, 2020

Azad Commercial Realty Acquires 349,660-Square-Foot Retail Center in Baton Rouge

Baton Rouge, La. — Azad Commercial Realty Services LLC has acquired Hammond Aire Plaza, a 349,660-square-foot retail center in Baton Rouge. The property was 97 percent leased at the time of sale to tenants including Burlington, Marshalls, Michaels and Stein

…

  • February 27, 2020

Pop-Up Stores Offer Reprieve to Retail Owners, Say Ancillary Retail Expo Panelists

New Orleans — As legacy retailers continue closing stores and mall and mixed-use developers face the prospect — and reality — of vacant store spaces, specialty leasing and business development teams are becoming more important. The millennial consumer, who can

…

  • February 11, 2020

Owner of Metro New Orleans Mall to Start $100 Million Redevelopment, Adding Office Space and Apartments

Metairie, La. — The Richards family, the longtime owner and operator of Clearview Shopping Center in Metairie, has unveiled plans to transform the 700,000-square-foot regional mall into a mixed-use destination. Located at 4436 Veterans Memorial Blvd., the new Clearview City

…

  • December 5, 2019

Regency Centers Sells Retail Center in Metro New Orleans for $15 Million

Harahan, La. — Regency Centers has sold Elmwood Oaks Shopping Center, a 136,284-square-foot retail center in Harahan, for $15 million. Academy Sports + Outdoors and Dollar Tree anchor the property, which was 96 percent leased at the time of sale

…

  • November 8, 2019

Marcus & Millichap Arranges $6.4 Million Sale of Shopping Center in New Orleans

New Orleans — Marcus & Millichap has arranged the $6.4 million sale of River Commons, a 59,483-square-foot shopping center in New Orleans. River Commons, which is shadow-anchored by Walmart, was leased to 17 tenants at the time of sale, including

…

  • August 29, 2019

Uber Capital Provides $33 Million Acquisition Loan for Mall in Louisiana

Lafayette, La. — Uber Capital Group LLC has provided a $33 million acquisition loan for Acadiana Mall in Lafayette. The loan comes with a 15-year term, a 5.4 percent fixed-rate, 70 percent loan-to-value and is partial recourse. Acadiana Mall spans

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  • July 23, 2019

Hutton Opens 103,413-Square-Foot Shopping Center in Northern Louisiana

Ruston, La. — Hutton has opened Ruston Marketplace, a 103,413-square-foot shopping center in Ruston. The property’s tenants include Hobby Lobby, T.J. Maxx, Ulta Beauty, Five Below and Rack Room Shoes. Ruston Marketplace is situated off of Interstate 20, one mile

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  • June 13, 2019

Chase Properties Purchases 135,000-Square-Foot Shopping Center in Louisiana

Lake Charles, La. — Chase Properties has purchased Prien Lake Shopping Center in Lake Charles, Louisiana.

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  • January 7, 2019

Hanley Investment Group Arranges $5.8 Million Sale of Walgreens Property in Louisiana

Houma, La. — Hanley Investment Group Real Estate Advisors has arranged the $5.8 million sale of a Walgreens property in Houma, Louisiana.

…

  • December 19, 2018

UNTUCKit Opens First Louisiana Store in New Orleans

New Orleans — UNTUCKit has opened its first Louisiana store in New Orleans. Carly Plotkin of Stirling Properties secured the 2,089-square-foot lease on behalf of UNTUCKit.

…

  • September 17, 2018
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Industry Content

Webinar: Will Southeast Retail Investment Activity Bounce Back in 2021?

Shopping Center Business and Southeast Real Estate Business hosted "Southeast Retail Investment Outlook — Will Retail Investment Activity Bounce Back in 2021?" A panel of retail experts covered topics like the lending atmosphere,…

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Webinar: Driving Retail Income Through Specialty Leasing & Ancillary Revenue

    On October 15 Ancillary Retail hosted a webinar titled “Driving Income Through Specialty Leasing and Ancillary Revenue.” Webinar panelists shared how important it is to quickly shift strategy, not just in relation…

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Webinar: Las Vegas Retail Outlook — How is the Las Vegas Retail Sector Responding to…

  Webinar: Las Vegas Retail Outlook — How is the Las Vegas Retail Sector responding to COVID-19?  hosted by Shopping Center Business and Western Real Estate Business, covers the approaches taken by an expert…

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Webinar: Michigan Retail Outlook: How is Michigan’s Retail Sector Responding to COVID-19?

  (Panelists, clockwise from top left) Adam Tiktin, Tiktin Real Estate Investment Services; Rod Castan, Courtelis Company; Lyle Stern, Koniver Stern Group; Philip Rosen, Becker (moderator); Duane Stiller, Woolbright Development. Shopping Center…

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Industry News

  • Federal Realty to Redevelop 144,000-Square-Foot Shopping Center in Falls Church, Virginia
  • Boulder Group Arranges $7 Million Sale of Grocery Property in Metro Green Bay
  • Black Gate Partners Acquires 24,691-Square-Foot Emerson Way Shopping Center in Indianapolis
  • Joint Venture to Add Mix of Uses to Potomac Marketplace in West Virginia
  • Selig Enterprises, Pension Fund Acquire 421,000-Square-Foot Lenox Marketplace in Atlanta’s Buckhead District

Coronavirus News

  • U.S. Division of L’Occitane Files for Chapter 11 Bankruptcy Protection, Plans Store Closures

  • Saucy Brew Works to Open Brewpub, Coffeehouse in Detroit’s Brush Park

  • AMC Theatres Raises $917 Million of Investment Capital, Says Bankruptcy is ‘Completely Off Table’

  • Indoor Dining Expected to Resume Feb. 1 in Michigan

  • Punch Bowl Social Files for Chapter 11 Bankruptcy

  • Sameday Testing to Open Five COVID-19 Testing Sites at Westfield Shopping Center Locations

Read More COVID-19 News

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