Lakeway Center, Metairie, LA |
DALLAS, TX – HFF announced today that it has closed the sale
of Lakeway Center, a three-building, Class A office complex totaling
1.22 million square feet in Metairie, Louisiana.
Jeffrey Feil |
HFF marketed the property on behalf of the seller, Equity
Office Properties. The Feil
Organization purchased the property for an undisclosed amount.
“We are very pleased to close the acquisition of Lakeway
Center,” said Jeffrey Feil, chief executive officer of the Feil
Organization.
“It is an outstanding property, which is an ideal complement
to our nearby Lakeside Shopping Center.
This transaction builds on our nearly 40-year track record of investment
and job creation in the greater New Orleans community.
“We plan to continue to maintain and upgrade Lakeway Center
to ensure it remains a top-tier office destination.”
Located in the suburban market of Metairie, roughly
equidistant from downtown New Orleans and the New Orleans International
Airport, Lakeway is the premier office development in suburban New Orleans and
one of the largest office developments in the state.
For a complete
copy of the company’s news release, please contact:
Kristen M. Murphy
Associate Director
HFF | One Post Office Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 | Direct: 617-848-1572 | Cell:
617-543-4873 | www.hfflp.com
.
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