Sunrise Realty Trust, Inc. Commits $44.0 Million to a Partnership for the Construction of Shell Plaza at the River District in New Orleans, Louisiana
Sunrise Realty Trust, Inc. Commits $44.0 Million to a Partnership for the Construction of Shell Plaza at the River District in New Orleans, Louisiana
02/03/25, 10:51 PM
Location
Money
$44 million
Industry
real estate investment
lending
real estate
Type
partnership
Sunrise Realty Trust, Inc. has announced its commitment of $44.0 million to a partnership for the construction of Shell Plaza in New Orleans. The partnership, involving Lauricella Land Company and Cypress Equities, is aimed at developing a build-to-suit net lease property to serve as the regional headquarters for Shell USA Inc.