KINGFISH DEVELOPMENT II BUYS OFFICE BUILDING IN LOUISIANA

KENNER, LA. — Kingfish Development II LLC has acquired a 133,312-square-foot office building, located at 2400 Veterans Blvd. in Kenner, a western suburb of New Orleans. The five-story property is currently 80 percent leased. Kingfish plans to renovate all the common areas of the property and tenant suites this year. Joe Gorman of Max J. Derbes Inc. will manage the property.