The iHeartMedia property on 915-953 Howard Avenue is now available for sale to re-tenant or redevelop. Corporate Realty is co-representing this exciting opportunity with Cushman & Wakefield.
The property consists of three interconnected lots featuring approximately 60 parking spaces and a three-story building built in the mid-1950s specifically for the current owner’s use of offices and a radio production studio; it includes a 250 kW, 3-phase generator. Totaling almost 33,000 sf in land size, the property is located on a major thoroughfare for the Central Business District while maintaining convenient access to I-10. It is a rare, prime commercial real estate location to become available in New Orleans.
The neighborhood includes restaurants, shops, Class A office towers, luxury apartments, museums, hotels, and more. iHeartMedia is now relocating within the city. The current owner has expressed interest in a sale/leaseback arrangement.
Global commercial real estate services firm Cushman & Wakefield approached Corporate Realty for assistance with marketing the property due to our extensive knowledge of New Orleans and the Gulf South market. For more information, please view the flyer here or contact either Donna Whalen or Michael J. Siegel at 504.581.5005.