Check Out This List Of The Top Leasing Deals in 2014

by • April 14, 2014 • News, Office, RetailComments (0)2511

Image via Rofo.com

1340 Poydras. Image via Rofo.com

Here is a look at the top commercial leasing deals around the metro area during the first quarter of 2014.

Robin Shannon at CityBusiness put together a “Commercial Leasing Ledger“, which outlines some of the top deals during the first quarter.

We should mention that it looks like most of these are self-reported submissions, so there are likely dozens of deals out there that may be larger than these deals.

Nonetheless, here are the top leases as *reported* by CityBusiness in 2014:

Top Office Space Leases:

Agents Matt Taylor and Jack Gordon with Property One closed the biggest reported deal of the year so far, a 109,668 square foot lease with the City of New Orleans at Orleans Tower (formerly the Amoco Building), 1340 Poydras Street.  While a deal with the City of New Orleans likely didn’t come anywhere close to the current asking price is $14.50 per foot, anything remotely close could have netted the owners millions of dollars in revenue per year.  The 378,895-square-foot office building was acquired last summer for a reported $14.5 million.

Other top deals:

Merritt Lane of Latter and Blum brokered 17,203 square foot lease for Krebs, Farley and Rilleteri at 400 Poydras Tower.

Bruce Sossaman of Corporate Realty brokered a 14,648 square foot lease for EnVen Energy Ventures at Two Lakeway, located at 3850 N. Causeway Blvd.

Brian Rourke of Latter and Blum brokered a 14,334 square foot lease for Doyle Land Services at 400 Lafayette Building, located at 400 Lafayette Street.

Top Retail/Commercial Leases:

Retail power broker Larry Rabin of Corporate Realty earned the title of top retail lease in the first quarter, closing a 25,000 square foot lease with TJ Maxx lease at the Algiers Plaza shopping center.  Algiers Plaza is the former Village Aurora shopping center and is in the midst of undergoing a $20 million renovation and expansion.

Other top deals:

Hayden Wren of Corporate Realty brokered a 15,625 square foot lease for 5-Minute Oil Change at 2401 Carrollton Avenue.

Matthew Nichols of Latter and Blum brokered a 9,000 square foot lease for Southern Costume at 951 Lafayette Street.

Keith Adler of Corporate Realty brokered a 7,550 square foot lease for the Story Teller Effects Group at 333 River Road.

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