Franklin, La. — Marcus & Millichap has arranged the $4.9 million sale of a 14,820-square-foot retail property located at 2030 Main St. in Franklin. The property is net-leased to Walgreens. Brennan Clegg, Mark Ruble and Chris Lind of Marcus &
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Baton Rouge, La. — Cooper Commercial Investment Group has brokered the sale of Bluebonnet Parc, a four-building mixed-use center in Baton Rouge. Dan Cooper of Cooper Commercial Investment Group represented the seller, a private investment group. A private buyer purchased
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Prairieville, La. — SRS Real Estate Partners has arranged the $2.6 million ground-lease sale of a McDonald’s-occupied, 4,268-square-foot retail property located at 15022 Airline Highway in Prairieville, about 22 miles south of Baton Rouge. Newly built, the property includes a
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Culver City, Calif., Alexandria, La. and Ocala, Fla. — Hanley Investment Group Real Estate Advisors and Enduring Real Estate have brokered the sales of three, single-tenant net lease retail properties occupied by Starbucks. The combined total of the sales was
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Bossier City, La. — SRS’ Investment Properties Group has brokered the sale of River Crest Shopping Center, a retail property located at 4970 Barksdale Blvd. in Bossier City. The 22,140-square-foot center was 74.5 percent occupied at the time of sale
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LaPlace, La. — SRS Real Estate Partners’ National Net Lease Group has brokered the $8.9 million sale of a 62,297-square-foot single-tenant retail property occupied by Winn Dixie in the New Orleans suburb of LaPlace. The property features a long-term, absolute
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Slidell, La. — Beau Box Commercial Real Estate has sold a former Target store location near Interstate 12 and Airport Road in Slidell to an undisclosed buyer. The property sold for $2 million and features a 125,000-square-foot retail building on
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Alexandria, La. — Hanley Investment Group Real Estate Advisors has arranged the sale of a single-tenant retail property net-leased to Wendy’s in the central business district of Alexandria. Jeff Lefko and Bill Asher of Hanley Investment Group, in conjunction with
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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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