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EDGE Realty Brokers Sale of Two Retail Centers in Southern Louisiana

Lagniappe Village was included in the sold portfolio. The 201,360-square-foot center is home to tenants such as T.J. Maxx, Big Lots, Citi Trends and PetSmart.

NEW IBERIA, LA. — EDGE Realty Capital Markets has arranged the sale of two shopping centers in New Iberia: Lagniappe Village and Iberia Plaza. Lagniappe Village totals 201,360 square feet and is home to tenants such as T.J. Maxx, Big Lots, Citi Trends and PetSmart. The center was 92 percent leased at the time of sale. The 131,630-square-foot Iberia Plaza was 99 percent leased at the time of sale. Super 1 Foods anchors the center. EDGE arranged the transaction on behalf of the seller, Brixmor Property Group. The name of the buyer and purchase price were not disclosed.

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