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Florida & Gulf Coast  + Gulf Coast  + Industrial  | 
Arch Street Capital Advisors, LLC has acquired a one million-square-foot, single-tenant industrial asset near New Orleans, LA.

Forward Purchase Upon Completion Yields Arch Street 1M-SF Industrial Asset near New Orleans

Arch Street Capital Advisors, LLC, has acquired a single-tenant, build-to-suit, industrial asset in a master planned business park within the New Orleans, LA metro. The recently developed Class A property is one million square feet and serves as a distribution facility.

The property was developed in partnership with a global real estate developer. Arch, on behalf of its capital partner, provided the preferred equity during the construction phase followed by a forward purchase upon completion.

“The nature of our capital continues to provide a compelling option for developers, operating partners and sellers to monetize investments on mutually beneficial terms. This approach has allowed us to grow our industrial portfolio with the addition of a newly developed, high-quality distribution center leased to an investment grade, long-term tenant” said Hemal Patel, VP at Arch. “We continue to look globally for high-quality, yield oriented, industrial, office, retail and medical assets of scale.”


Inside The Story

Arch Street Capital Advisors, LLC's Patel

About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.

  • ◦Sale/Acquisition
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