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Old Posted May 31, 2023, 2:53 PM
sguil1 sguil1 is offline
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https://www.nola.com/news/jefferson_...rce=featured-2

A New York-based real estate behemoth is investing millions in new retail, office space in Metairie

A New York-based property developer that controls some of the most valuable commercial real estate in the New Orleans area is placing another bet on the Metairie real estate market.

The Feil Organization, which owns the Lakeside Shopping Center and nine Metairie office towers, is planning to build a 12,000-square-foot strip mall at the corner of North Causeway Boulevard and Melvil Dewey Drive.

The new development, though relatively small, is significant because company officials are planning to go ahead as soon as they secure an anchor tenant, meaning the firm is taking the risk that the market is strong enough to fill the remainder of the retail spaces....





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