Corporate Realty Celebrates A Successful 2014

NEW ORLEANS – Corporate Realty, a full-service commercial real estate company headquartered in New Orleans, is celebrating a successful 2014.

         Corporate Realty reps report they engaged in 315 lease transactions, 59 closed sales and 7 new management assignments.

         They say highlights include:

• Larry Rabin and Jonathan Fawer are responsible for leasing 311,142 sf, or 71%, of the new 439,638 sf Ambassador Town Center in Lafayette, LA.  Some of these leases include Dick’s Sporting/ Field & Stream combo store (100,019 sf), Marshalls/ HomeGoods combo store (45,000 sf), PetSmart (12,150 sf) and Costco (153,973 sf).

• Mike Siegel and Donna Whalen represented Freeport-McMoRan (FMS) in its expansion and lease renewal for 210,200 sf in the 1615 Poydras Building (New Orleans).

• Meg Carrone represented Mothe Insurance Company in the sale of 10 properties around Louisiana. The total sales exceeded $4 million.

• Hayden Wren sold the Scottish Rite Temple at 619-621 Carondelet St. (27,000 sf) in New Orleans for $3.25 million.

• Corporate Realty was retained by Commercial Properties Realty Trust to handle the leasing on the Bon Carre Business Center (800,000 sf), the top two floors of the new IBM Building (45,000 sf), and the to-be-developed Water Campus, all in Baton Rouge.

• Randy White and Mike Siegel represented URS (with Newmark Knight Grubb Frank) in URS' long-term lease extension for 80,000 sf in the Bon Carre Business Center in Baton Rouge.

• Ben Jacobson and Casey Burka represented Arnold Kirschman in the acquisition of a 28,000 sf site at 4517 Freret St. for $1.8 million.

• Corporate Realty was selected to manage the ten-story medical office building at 2633 Napoleon Ave.

• Corporate Realty was retained by the New Orleans Jazz Orchestra to manage the New Orleans Jazz Market in Central City New Orleans.

• Corporate Realty was hired to perform lease administration for Ochsner Clinic Foundation properties (618,875 sf).

 

         Corporate Realty reps say they bring a level of expertise, work ethic and professionalism to all their projects and that they are consistently involved in the most interesting, most complex and most dynamic lease, sale and management transactions in the Gulf South.

         Corporate Realty reps say they also gives back to their communities. Many of their team members sit on local and national boards including the Bureau of Governmental Research, City Year New Orleans, Contemporary Arts Center, Crescent City Community Health Center, Girls First, Gulf Coast Social Services, Institute of Real Estate Management, New Orleans Business Council, New Orleans Museum of Art and Touro Synagogue.

         Corporate Realty is licensed in Alabama, Arkansas, Louisiana, Mississippi, Oklahoma and Texas with approximately 50 employees of which 17 are active, full time commercial real estate agents.

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