Real estate recap: New retail developments planned around Alexander's Highland Market & Chilled water fight at Perkins Rowe headed to trial & Linen store to take over former Bushwood BBQ space
Three new retail developments with a collective 72,000 square feet of space are planned to go up around the Alexander's Highland Market development off Highland Road, says George Kurz of Kurz & Hebert Commercial Real Estate, who is working on all three deals. "We're getting ready to kick off and really move forward with development in that area of Baton Rouge," says Kurz. "We have many letters of intent in place." Daily Report has the full story. The chilling effect: What's a fair price for chilled water? That's what a long-standing dispute between Perkins Rowe developer Tommy Spinosa and the movie theater within the developmentover more than $434,469 in unpaid billswill come down to, a federal judge concedes. Central Facilities Operating Co., which Spinosa owns with Alabama football coach Nick Saban, has a pending lawsuit against Texas-based Cinemark, to whom it continues to provide chilled water for air conditioning. Read the full story from Daily Report. Two doors down: LD Linens and Decor will triple the amount of space it occupies in the Southdowns Village Shopping Center when it moves from its existing location in the strip mall into a 3,600-square-foot space formerly occupied by Bushwood BBQ. Landlord Donnie Jarreau tells Daily Report that LD Linens will make the movetwo doors down from its current spot in the shopping centerwithin the next 60 days. Bushwood BBQ closed its doors earlier this year; it had only been in business since 2011.
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