press-release
Bollinger Inks Sealy Deal at James Business Park Portofolio
New Orleans
July 8, 2009
Sealy & Company announced today that Bollinger Shipyards signed a long-term deal to extend its lease for 9,959 square feet in the 43,055 square foot, One James Park Office Building in James Business Park, St. Charles Parish.
Managed by Sealy & Company, The Lightstone Group’s South Louisiana Portfolio of office and industrial properties is currently 93% leased. Sealy’s Jennifer A. Lee, CCIM, SIOR, Director of Marketing & Leasing, represented Lightstone Group in the transaction.
“Bollinger is a great addition to the mix of businesses and services that occupy facilities in James Business Park,” said Daniel P. Poulin, Senior Regional Director for Sealy & Company, Inc. The park's ideal location adjacent to the Louis Armstrong New Orleans International Airport and on-ramps to both I-10 and I-310 make it a desirable home-base for modern day business models where access to the airport and interstates is critical for key employee mobility.
Established in 1946, the Sealy Companies is a Shreveport, Louisiana based real estate management, leasing, development and investment company that owns, develops and operates office and industrial properties in Louisiana, Texas, Tennessee, Florida, Arizona and Georgia.
Founded in 1988, The Lightstone Group has grown to become one of the largest privately held real estate companies in the United States with a portfolio of diversified properties in 24 states plus the District of Columbia, Canada, and Puerto Rico, spanning approximately 20 million square feet of office, industrial, and retail properties. Employing approximately 1,000 staff and professionals, The Lightstone Group maintains its corporate headquarters in New York with regional offices in New Jersey, Maryland and Illinois.
For more information, please contact Daniel P. Poulin, CCIM, SIOR, Senior Regional Director, Sealy & Company, at (504) 463-5600 or at danp@sealynet.com.
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