NEW ORLEANS, LA – Commercial real estate development and management firm the Howard Hughes Corp. has sold a 264,000-square-foot, urban outlet center in New Orleans, LA to Rockstep Riverwalk LLC for $34 million.
The asset, The Outlet Collection at Riverwalk, represented HCC's last remaining non-core asset located outside of the company's core communities.
The transaction nearly completes the firm's strategy to focus on the growth of its core assets, which include large-scale master-planned communities.
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Ingrid Tunberg
Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.
