FEIL ACQUIRES DISTRIBUTION CENTER FOR $20M

JEFFERSON PARISH, LA. — The Feil Organization has purchased the 412,000-square-foot Elmwood Distribution Center, an industrial complex located at 5600 Jefferson Highway in Jefferson Parrish, for approximately $20 million. The center is comprised of the 42,000-square-foot Elmwood Plaza, a retail building, and four warehouse buildings totaling 370,000 square feet. Rick Brugge and Mike Davis of Cushman & Wakefield's Tampa, Fla., office represented the seller in the transaction.