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Schelin Uldricks Secures $13.9 Million Construction Loan for Shopping Center in Lake Charles, Louisiana

Lake Charles, La. — Schelin Uldricks & Co. has arranged $13.9 million in financing for the redevelopment of University Plaza, a grocery-anchored shopping center located at the corner of Ryan Street and Sale Road in the southeast Louisiana city of

…

  • November 15, 2022
Whole-Foods_New-Orleans

Faris Lee, SRSA Broker $31.4 Million Sale of Single-Tenant New Orleans Store Net-Leased to Whole Foods Market

New Orleans — Faris Lee Investments and SRSA Commercial Real Estate have brokered the $31.4 million sale of a single-tenant net-lease Whole Foods Market located at 5600 Magazine St. in New Orleans. The store, which is one of two Whole

…

  • September 21, 2022
acadiana-square_lafayette

JLL Brokers Sale of Acadiana Square Shopping Center in Lafayette, Louisiana

Lafayette, La. — JLL has brokered the sale of Acadiana Square, a 244,768-square-foot shopping center located at 5700 Johnston St. in Lafayette. Jim Hamilton, Ryan West and Brad Buchanan of JLL represented the sellers, DRA Advisors and RCG Ventures, in the

…

  • August 24, 2022

Routh Group Purchases 560,343-Square-Foot Louisiana Boardwalk Shopping Center in Bossier City

Bossier City, La. — Routh Group has purchased Louisiana Boardwalk, a 560,343-square-foot, open-air shopping center located at 540 Boardwalk Blvd. in Bossier City, a northern Louisiana city bordering Shreveport. Adam Howells, Ryan Shore, Zach Riebe, Matthew Barge and Cole Sutter

…

  • August 9, 2022
Murphy-Express

Faris Lee Brokers Sale of Two Convenience Store Properties in Louisiana, Georgia

Baton Rouge, La. and McDonough, Ga. — Faris Lee Investments has brokered the sale of two convenience store properties located in Louisiana and Georgia. Jeff Conover, Scott DeYoung and Hunter Steffien of Faris Lee represented the undisclosed seller in both

…

  • July 25, 2022
The Commons of Clearview City

Richards Family Begins Construction on Retail Center at Clearview City Center in Metro New Orleans

Metairie, La. — The Richards family has begun construction of The Commons of Clearview City Center, a new 10,476-square-foot retail project in the New Orleans suburb of Metairie. The property will be situated within the 100-acre Clearview City Center, which is

…

  • July 18, 2022

Howard Hughes Sells Outlet Collection at Riverwalk in New Orleans for $34 Million

New Orleans — The Howard Hughes Corp. has sold the Outlet Collection at Riverwalk, an outlet mall near the Port of New Orleans. An entity doing business as Rockstep Riverwalk LLC purchased the property for $34 million. Outlet Collection at Riverwalk

…

  • June 20, 2022
Village-Northshore_Slidell

SRS Negotiates Sale of 114,638-Square-Foot Village at Northshore Shopping Center in Metro New Orleans

Slidell, La. — SRS Real Estate Partners’ Investment Properties Group has arranged the sale of Village at Northshore, a 114,638-square-foot shopping center in Slidell, about 40 miles north of downtown New Orleans. Woodmont Acquisitions LLC purchased the asset from an

…

  • June 16, 2022

JRW Realty Brokers $84 Million Sale of Six Stores in Louisiana Net-Leased to Walmart

Pasadena, Calif. — JRW Realty, a Pasadena-based commercial real estate brokerage firm, has arranged the sale of six single-tenant retail stores in Louisiana net-leased to Walmart Neighborhood Market. Jennifer Rodriguez Ventura of JRW Realty represented the buyer, an unnamed institutional

…

  • May 27, 2022
Village-Boot-Barn

Woodmont, Criterion Fund Acquire 144,638-Square-Foot Shopping Center in Slidell, Louisiana

Slidell, La. — A partnership between The Woodmont Co. and The Criterion Fund has acquired Village at Northshore, a 144,638-square-foot shopping center located at 105-115 Northshore Blvd. in Slidell. Situated adjacent to I-12, the property was developed in 1988 and

…

  • May 20, 2022
Siegen Plaza

JLL Arranges Sale of 156,441-Square-Foot Shopping Center in Baton Rouge

Baton Rouge, La. — JLL Capital Markets has arranged the sale of Siegen Plaza, a 156,441-square-foot regional power center in Baton Rouge. Ryan Shore, Chris Gerard, Andrew Levy, Erin Lazarus and Jack Copher of JLL represented the seller, TriGate Capital

…

  • February 28, 2022
Dairy Queen

Faris Lee Arranges Sale of 10 Dairy Queen-Leased Properties in Louisiana

Irvine, Calif. — Faris Lee Investments has arranged the sale of 10 Dairy Queen-occupied properties across Louisiana. The portfolio was sold to two separate buyers. Scott DeYoung, Jeff Conover and Hunter Steffien of Irvine, California-based Faris Lee represented the seller,

…

  • February 11, 2022
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Industry Content

NRF: Holiday Retail Sales Rose 5.3 Percent to $936.3 Billion in 2022

 Washington, D.C. — The National Retail Federation (NRF) has reported that retail sales during 2022’s November-December holiday season rose 5.3 percent year-over-year, reaching $936.3 billion. Though the number fell short…

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Key Variable Moving Forward in Today’s Market? Motivation from Both Sides

Motivation is one of the prime drivers in any market cycle. Some markets are affected by interest rates and others by inflation. One way or another, however, a retail investment…

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Today’s Pricing Strategy is a Mix of Art, Science

There will always be a tug-of-war between retail buyers and sellers — or, really, buyers and sellers of any kind. Both parties want to achieve the best price, but that…

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City of Murrieta: Experiential Leads Retail Expansion in Evolving California City

The City of Murrieta, located in Southern California, has seen explosive growth, leading to expanding retail potential — especially in the experiential arena. The city's retail successes have been based on its…

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Cullinan Properties: Mixed-Use Properties Use Retail to Drive Value

Real estate is densifying across the country, and retail has become an important amenity as people seek to live, work and play all together in mixed-use locations. The pandemic sped up…

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Faris Lee: Abundant Capital, Sales Volume Rise as Investors Pursue Retail

Investment volume, capital and competition in the retail sector have been at unprecedented levels lately, leading to lower cap rates as well as more flexibility than investments in multifamily and…

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The Necessity Retail REIT: Growing a Recession-Resilient, Necessity Retail Portfolio

What does it take to build a $5.2 billion recession-resilient, necessity retail property portfolio? Reporter Nellie Day of Retail Insight explored this topic and more with Jason Slear, Executive Vice…

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NewMark Merrill: Prop Tech Solutions to Retail Challenges

Shopping center developers, owners and managers are using property technology (prop tech) to make sense of a wealth of new, retail-generated data to create an ongoing, positive experience for customers. Sandy Sigal,…

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Industry News

  • Bed Bath & Beyond Announces 87 Additional Store Closures
  • Levin Properties Receives $43.2 Million Refinancing for St. Georges Crossing in Central New Jersey
  • CVS Agrees to Acquire Oak Street Health in $10.6 Billion Deal
  • Grossman Development Group Purchases 261,672-Square-Foot Retail Center Near Boston
  • Hanley Investment Group Brokers $21.2 Million Sale of El Dorado Shopping Center in Long Beach, California

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