NEW ORLEANS (press release) – The Feil Organization, a national real estate investment firm, confirmed the upcoming opening of Trader Joe’s at 2501 Tulane Ave. in New Orleans.
“Bringing the first Trader Joe’s to New Orleans is not just a milestone for the vitality of the Tulane Avenue corridor – it’s a proud moment for the Feil Organization after years of collaboration and a meaningful win for the entire community,” said Colette Wharton, regional director/asset manager at The Feil Organization. “From day one, our goal was to unlock the potential of this premier location to deliver lasting value to the region. The arrival of Trader Joe’s is a testament to that vision, and we’re incredibly grateful to our exceptional planning, design, construction, and development partners for helping bring it to life.”
Feil shares it acquired the site and assembled multiple parcels at 2501 – 2537 Tulane Avenue in 2016 with the intent to contribute to the transformation of Tulane Avenue into a vibrant, connected corridor within the New Orleans community. In 2023, Feil signed a retail lease with Trader Joe’s for the construction of a new 13,368-square-foot grocery store. It tapped Sherman Strategies for its land use planning expertise, SCNZ Architects as the designer, Landis Construction as the general contractor and Metairie Bank for financing. Colette Wharton and Katina Spera represented Feil and Rich Lobkowicz of District Real Estate Advisors and Chris Ross of NAI Latter & Blum represented Trader Joe’s.
In Metairie and New Orleans, Feil’s portfolio spans 7 million square feet of office, industrial, retail and multifamily space across 30 properties. In 2013, Feil facilitated the lease and construction of New Orleans’ first Costco store, located at 3900 Dublin St. Other significant properties include Lakeside Shopping Center, Lakeway, Causeway Plaza, Galleria and Oakwood Corporate Center.
For more information, please visit locations.traderjoes.com/la/new-orleans.
