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Cushman & Wakefield Arranges Sale of Hammond Aire Plaza

2/26/2020
Cushman & Wakefield has arranged the sale of Hammond Aire Plaza, a 349,660-square-foot multi-anchored retail center located in Baton Rouge, Louisiana.

Hammond Aire Plaza

Mark Gilbert and Fain Hicks of Cushman & Wakefield’s Retail Investment Advisors represented the seller in the transaction. Azad Commercial Realty Services, LLC, acquired the property.

“Hammond Aire Plaza presented the opportunity to acquire an established multi-anchored shopping center with powerhouse annual tenant sales,” Hicks said. “The property is centrally located in Baton Rouge just seven miles east of downtown Baton Rouge and Louisiana State University’s campus and attracts customers from a widely expanded trade area.”

Hammond Aire Plaza, located at 9616-9638 Airline Highway, is anchored by Burlington, Marshalls, Michaels, Stein Mart and shadow-anchored by Albertsons. The property is 97% leased with 89% of the occupancy attributed to national tenants.

About Cushman & Wakefield 

Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 50,000 employees in over 400 offices and 60 countries. In 2020, the firm had revenue of $7.8 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWakeExternal Link on Twitter. 

Cushman & Wakefield Media Contact

Savannah Durban Atlanta Communications
Savannah Durban

Senior Communications Specialist, Central Region • Atlanta

Ms. Durban leads public relations for Cushman & Wakefield's Central region. She oversees media relations, thought leadership initiatives, and manages blogs and social media.

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