$77.5 Million Non-Performing Office Loan
US - Washington, DC
$77,500,000 | 306,859 sf
Jones Lang LaSalle Americas, Inc. (“JLL”) has been exclusively retained to present qualified investors the opportunity to acquire One Canal Place (the “Property”) in Downtown New Orleans. One Canal Place is a Class A office tower encompassing 632,896 square feet that is located in one of the City’s top mixed-use developments, adjacent to the famed French Quarter. The Property offers tenants and investors alike an unparalleled mix of accessibility and amenities. With an irreplaceable location, stable cash flow with mark-to-market upside, and limited development opportunities within the submarket, One Canal Place represents an extremely rare investment opportunity at the core of one of the nation’s most visited cities.
Strong Cash Flow With Value-Creation Opportunities
Irreplaceable Location adjacent to The French Quarter
Live-Work-Play Mixed Use Development
Institutionally Owned Class-A Office Tower