One Canal Place Changes Hands in New Orleans
New Orleans News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
One Canal Place, a prominent thirty-two-story office tower in downtown New Orleans, has been sold to Skysoar Capital Partners. The previous owners, Loeb Partners Realty and Aetna, held the property since 2002. The sale price is undisclosed, but Corporate Realty remains for management and leasing. The building, constructed in 1979, boasts over 630,000 rentable square feet and is part of a complex with shops, a Westin Hotel, and a parking garage. Tenants include law firms and government offices, with Baker Donelson recently leasing over 40,000 square feet. The new owners plan to make further enhancements to maintain its status in the New Orleans commercial real estate market.
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