Canal Street Beat | New Orleans Real Estate News

SRSA, with Faris Lee, Closes $4.55M Sale of AutoZone in Metairie

June 9, 2026 • News • 82

SRSA Real Estate, along with Faris Lee Investments, has completed the sale of a single-tenant AutoZone at 4630 Veterans Memorial Blvd. in Metairie for $4.55 million. This transaction highlights the ongoing demand for stable, single-tenant retail properties in the New Orleans metro area. The deal was finalized and announced on June 8, 2026. The property, [&hellip
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Industrial Growth Spurs New Orleans Office Demand, CoStar Reports

June 9, 2026 • News • 100

CoStar Analytics has identified a shift in office leasing demand within the New Orleans metro area, driven by significant industrial expansions led by companies such as Bunge and UBE. This analysis, released on June 8, 2026, points to a growing connection between industrial growth and increased office leasing activity, particularly in areas like the Central [&hellip
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Tallest Building in New Orleans: Hancock Whitney Center

June 8, 2026 • News • 109

Hancock Whitney Center, the 51-story office tower at 701 Poydras Street in New Orleans’ Central Business District, remains the tallest building in New Orleans and the tallest building in Louisiana. The tower rises 697 feet and has been a defining part of the city’s skyline since it opened in 1972. Originally known as One Shell [&hellip
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Bayou Phoenix Developers Push for City Bond Allocation as $500M Plan for Former Six Flags Site Advances

June 7, 2026 • News • 177

Bayou Phoenix, the private developer leading the transformation of the former Six Flags site in New Orleans East, is making strides in securing a portion of the city’s infrastructure bond. The developer disclosed ongoing efforts to secure financing, aiming for at least $5 million from the $510 million bond approved by voters last November. On [&hellip
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Isidore Newman School Secures $11.8M Permit for Jefferson Building Restoration in Uptown

June 7, 2026 • News • 135

Isidore Newman School has received an $11.81 million permit for the restoration and renovation of its historic Jefferson Building, located at 1903 Jefferson Ave., Uptown New Orleans. The project, which also includes work on the adjacent Saratoga Building, marks a significant investment in the area’s architectural heritage. The permit was highlighted in New Orleans CityBusiness’ [&hellip
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9th Ward Stadium Secures Major Corporate Partnerships

June 5, 2026 • News • 186

9th Ward Stadium Inc. has announced two significant partnerships, naming Raising Cane’s as the official stadium partner and LCMC Health with naming rights for the playing surface. The facility, planned for the Upper 9th Ward in New Orleans, will support community athletics and serve as the home field for George Washington Carver High School. These [&hellip
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Rouses Markets to Open 47,694-sf Flagship in Chalmette

June 4, 2026 • News • 205

Rouses Markets is set to open a new 47,694-square-foot flagship store at 8700 W. Judge Perez Drive in Chalmette, marking its first location in St. Bernard Parish. The redevelopment will revitalize the long-vacant site of Big Lots and Sav-A-Lot, bringing significant changes to the retail landscape along Judge Perez Drive. City and county officials, along [&hellip
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Gayle Benson’s Porsche New Orleans Opens 37,000-SF “Gen 5” Facility in Metairie at 8900 Veterans Blvd.

June 3, 2026 • News • 239

The new 37,000-square-foot Porsche dealership, known as a “Gen 5” facility, has officially opened at 8900 Veterans Blvd. in Metairie. This development by Benson Automotive Group marks a significant private retail and automotive investment in the New Orleans metro area. An official ribbon-cutting event is scheduled for the week of May 27, 2026. Featuring an [&hellip
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Broadmoor LLC Initiates $19.93M Office and Conference Build-Out in Lower Garden District

June 3, 2026 • News • 220

Broadmoor LLC has filed permits for a significant office and conference center build-out at 300 Henderson St. in the Lower Garden District. The $19.93 million project spans approximately 101,020 square feet, as confirmed by recent permit filings in the New Orleans CityBusiness Top Permits list. The development marks a substantial private investment that is set [&hellip
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Zea Rotisserie to Leave Clearview Mall, Relocate to Clearview City Center in Metairie

June 2, 2026 • News • 233

Zea Rotisserie & Bar has announced it will close its long-standing location at Clearview Mall and move to a new site at Clearview City Center in Metairie. This private-sector tenant relocation marks a shift in leasing dynamics along a major Jefferson Parish retail corridor, reflecting ongoing changes in suburban retail property. The move will see [&hellip
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