EDGE Arranges Sale of Lagniappe Village, Iberia Plaza in Louisiana

by Camren Skelton

New Iberia, La. — EDGE Realty Capital Markets has arranged the sale of two shopping centers in New Iberia: Lagniappe Village and Iberia Plaza.

Lagniappe Village totals 201,360 square feet and is home to tenants such as TJ Maxx, Big Lots, Citi Trends and PetSmart. The center was 92 percent leased at the time of sale. The 131,630-square-foot Iberia Plaza was 99 percent leased at the time of sale. Super 1 Foods anchors the center. EDGE arranged the transaction on behalf of the seller, Brixmor Property Group. The name of the buyer and purchase price were not disclosed.

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