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Found 2 results

  1. I mentioned the move of Shell from this location in the River District thread but it seems like another large tenant is leaving the building. Harvey Gulf is moving its offices to Metairie. This has caused some concern for future leasing within this building. https://www.fox8live.com/2023/09/16/real-estate-experts-call-move-2-big-businesses-devastating-blow-cbd/ "With two large businesses pulling out of the high rise, experts said there is a 40% vacancy at the Hancock Whitney Center. “It’s going to take a long time to absorb that, that big of a footprint,” Louisiana real estate analyst Arthur Sterbcow said. Sterbcow said he doesn’t foresee any large businesses of the same size moving into the region. “Anything’s possible. But we have not been really attractive. Unfortunately, our tax laws are not as competitive,” Sterbcow said. Sterbcow said the departures will impact property value for surrounding landlords. He expects some retail rates and rental rates in the region to stabilize or come down a bit."
  2. https://www.cnn.com/2019/10/12/us/new-orleans-hard-rock-hotel-collapse/index.html
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