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,
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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
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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
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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
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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
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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
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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
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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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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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Lake Charles, La. — Chase Properties has purchased Prien Lake Shopping Center in Lake Charles, Louisiana.
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Houma, La. — Hanley Investment Group Real Estate Advisors has arranged the $5.8 million sale of a Walgreens property in Houma, Louisiana.
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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.
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