NEW ORLEANS – Cushman & Wakefield has brokered the sale of what is believed to be the largest warehouse in New Orleans. The price was $15.5 million.
With occupancy of 96 percent, the 1420 Sams Avenue building is a 358,060-square-foot distribution building in New Orleans’ Elmwood Business Park.
The seller, Columbis Nova, was represented by Cushman & Wakefield’s Mike David, Michael Lerner and Rick Brugge.