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Hammond Aire Plaza in Baton Rouge, Louisiana sold


Baton Rouge -- JLL’s Capital Markets experts announced the firm has closed the sale of Hammond Aire Plaza located in Baton Rouge, Louisiana, on behalf of Kimco Realty. The asset was purchased by a joint venture partnership between DRA Advisors and Viking Partners.

Managing director Margaret Caldwell, VP Diane Roberts and associate Eric Spencer led the JLL team on the transaction.

Hammond Aire Plaza is currently 92% occupied, nearly 350,000 sq. ft. community center and is home to Baton Rouge’s only Marshalls, Stein Mart, Burlington Coat Factory and K&G Fashion Superstore.

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