New Iberia, La. — EDGE Realty Capital Markets has arranged the sale of two shopping centers in New Iberia: Lagniappe Village and Iberia Plaza.
Metairie, La. — The Richards family, owners of Clearview Shopping Center in Metairie, has acquired the Sears property located adjacent to the retail center.
Bossier City, La. — VICI Properties Inc., an experiential REIT that was recently spun off from Caesars Entertainment, has entered into a definitive agreement to acquire the land and real estate assets of the Margaritaville Resort Casino in Bossier City for $261 million in cash.
New Orleans — Golf entertainment concept Drive Shack has unveiled plans to open a 62,000-square-foot venue at the site of the former Times-Picayune building in New Orleans.
Alexandria, La. — Franklin Street has arranged the $3.2 million sale of The Bulls Eye, a newly constructed, 6,400-square-foot strip retail center in Alexandria.
Lafayette, La. — Edge Realty Capital Markets has arranged the sale of Parkway Plaza, a 112,108-square-foot shopping center located in Lafayette, Louisiana.
Houma, La. — Chase Properties Ltd. has purchased Magnolia Square, a 242,000-square-foot shopping center located in Houma, 60 miles southwest of New Orleans.
Morristown, N.J. — The Hampshire Cos., in a joint venture with Seoul, South Korea-based Hana Asset Management Co., has acquired a six-store Walmart Neighborhood Market portfolio in southern Louisiana.
Harvey, La. — KeyBank Real Estate Capital has secured a $20.9 million CMBS loan for the acquisition of Centre at Westbank, a 174,445-square-foot retail power center in Harvey, less than seven miles south of New Orleans.
Lafayette, La. — Berkadia has secured $18.7 million in financing for the River Ranch Retail portfolio, a set of 10 retail and dining properties anchored by The Fresh Market and Paul Michael Company in Lafayette, Louisiana.