New Orleans

News

Storage Post Acquires Haledon Self Storage Facility

John Jordan |

The new Storage Post Haledon Self Storage facility is located at 45 Kossuth St. and originally operated as a schoolhouse beginning in 1894, but was converted to a self-storage facility in 1994.

News

Domain Companies Acquires Two Sites in Bronx Opportunity Zone

Betsy Kim |

The New Orleans and New York City-based development and management firm bought the property from Treetop Development for $38.5M.

News

Entergy to Sell Indian Point Energy Center Post Closure to New Jersey Firm

John Jordan |

The New Orleans-based Energy company reports that it will sell Indian Point 1, 2 and 3 nuclear units to decommissioning firm Holtec International of Camden, NJ, which will decommission units. Indian Point 2 and 3 that are scheduled for closure in 2020 and 2021.

News

Apple Hospitality REIT Sells Nine Hotels for $95M

John Jordan |

Nelson Knight, EVP and chief investment officer of Apple Hospitality, says, “Through these attractively priced transactions, we adjusted our market exposure in ways that we feel will further enhance the strength and stability of our hospitality platform.”

News

Entergy to Sell Indian Point Energy Center by End of Year

John Jordan |

Denault stated on the company’s earnings conference call, “We are now actively working toward a post shutdown sale of Indian Point.”

Commentary

The Silicon Bayou: Is the Tech Industry Fueling a CRE Turnaround in NOLA?

Rich Sarkis |

An influx of young, well-educated new residents has New Orleans on the brink of a long-awaited economic revival.

JLL’s List of Weird and Wonderful Food Trends

Erika Morphy |

People who eat at the mall deliver 12% more sales revenue and 35 minutes of extra time than people who don’t.

Research

Texas and Louisiana Ports Have Development Land

Lisa Brown |

HOUSTON—The Port of Houston ranks as the top breakbulk cargo port in the US, but upon completion, Port Cameron in Lake Charles, LA will be the largest private energy services facility on the Gulf Coast.

Research

Trophies Saw Slight Vacancy Uptick in Q4

Rayna Katz |

NEW YORK CITY—So says a new report on the end of last year from JLL, which also points up healthy rent levels and deal velocity.

Middle-Market Digest

Middle Market Digest: This Week in the South and Mountain Regions

Lisa Brown |

Here’s a look at the trends, announcements and deals that you may have missed in Texas, New Mexico, Colorado, Oklahoma, Arkansas and Louisiana.