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January 23, 2003 NEW ORLEANS – Marcus & Millichap has begun marketing for sale the Sav-A-Center, a newly built 57,333-square-foot drugstore at 400 N. Carrollton Ave. in New Orleans. The owner, a private investor based in Columbus, Ohio, is seeking ...
December 16, 2002 Sizeler Property Investors Inc. (NYSE:SIZ) has appointed Charles E. Miller Jr. chief financial officer, effective today.The position became vacant when Robert A. Whelan resigned earlier this month. In the interim, Thomas A. Masilla Jr., the company's vice ...
November 18, 2002 Frenchman's Wharf Apartments, a 644-unit complex in New Orleans, is up for sale with a price tag of $18.7 million, or $29,037/unit.The property at 6800 S. Interstate 10, was built in two phases, beginning in 1977 and ...
85% occupied; Transwestern paid $35.75Mln for the building in 1997.
September 25, 2002 Prudential Huntoon Paige, the Federal Housing Administration-lending arm of Prudential Mortgage Capital Co., originated a $14.4 million construction loan for an apartment complex in Baton Rouge, La.The loan, written through the FHA 221 program, is secured by ...
The Bethesda, Md., REIT has placed Le Meridien New Orleans on the sales block. Hodges Ward Elliott has been hired to market the four-diamond hotel. It should sell for substantially more than $80 million.
September 13, 2002General Growth Properties (NYSE:GGP) has purchased the Pecanland Mall in Monroe, La., for about $72 million from a partnership between Radiant Partners and Landmark Partners.The transaction consisted of about $22 million of cash and the assumption of a ...
property at 4700 Milhaven Road is 94% leased and has annual sales of about $301/sf
August 20, 2002 Commercial Real Estate Direct Staff ReportAn affiliate of BGK Equities has sold the Elmwood Tower in New Orleands for $23.6 million.The 223,250-square-foot office building was sold to an unnamed New York partnership, which tapped CIBC World Markets ...
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