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JLL closes sale of two Louisiana shopping centers


Baton Rouge, Louisiana - JLL’s Capital Markets experts announced the sale of Coursey Commons Shopping Center on behalf of Blue Ridge Real Estate Company. Wal-Mart Stores purchased the Baton Rouge, Louisiana shopping center for $10.9 million. The 67,775-sq.-ft. center is anchored by a Walmart Neighborhood Market and includes Sally Beauty Supply, AT&T Mobility, UPS store and Weight Watchers.

As well, JLL closed the sale of Tarpon Heights Shopping Center in coastal Louisiana on behalf of Equity One. Southeast Retail Properties II purchased the 56,605-sq.-ft. shopping center, which is anchored by Stage and Dollar General and located in the city of Cut Off.
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