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New Orleans Times-Picayune Work is set to begin later this week on a 107,000-square-foot, grocery-anchored retail project in New Orleans. The $38 million project, dubbed Mid-City Market, will have a 53,000-sf Winn-Dixie supermarket, along with such tenants as Office Depot, ...
CommonWealth REIT has completed its $102 million, or $81.60/sf, acquisition of One Shell Square, a 1.25 million-square-foot office building in downtown New Orleans. The Newton, Mass., REIT was long expected to buy the 51-story building, which its previous owner, MetLife, ...
Carey Watermark Investors Inc., a non-traded REIT launched earlier this year by W.P. Carey & Co. and Watermark Capital Partners, has bought an 80 percent stake in the Chateau Bourbon Hotel, with 251 rooms in New Orleans' French Quarter. It ...
The venture has lined up $23.8 million of debt, which is comprised of a $22.8 million mortgage with a three-year term and 11.5 percent rate. The debt also consists of a $1 million community development loan with a rate of ...
The buzz is that CommonWealth REIT has agreed to pay $107 million for One Shell Place, a 1.3 million-square-foot office building in New Orleans. The property is being purchased from MetLife, which put it up for sale earlier this year ...
New Orleans Times-Picayune Ground is scheduled to break in September on a retail complex with about 108,000 square feet in New Orleans. The project is planned for the former sites of an Ace Hardware store, on 301 N. Carrollton Ave., ...
MetLife has put a 1.7 million-square-foot office tower in downtown New Orleans on the sales block and is looking to fetch about $130 million for it, according to the Wall Street Journal. Jones Lang LaSalle has the listing for the ...
Commercial Real Estate Direct Staff Report Sensing that the hotel market in New Orleans has recovered from Hurricane Katrina in 2005, Sunstone Hotel Investors has purchased the 494-room JW Marriott in that city's central business district from Clearview Hotel Capital ...
The sale includes the assumption of $42.2 million of debt.
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