Deal Type: Off-Market Investment Sale
Property Type: Retail / Grocery
Location: 3233 Magazine Street, New Orleans, LA
Date Completed: May 21, 2026
Days to Close: 75 Days
Agent(s) Involved: Hayden Ingram, Camden St. Romain
Client Type: Buyer – 3233 Magazine Street, LLC (Local Investor)
Client Objective
The client wanted to acquire a high-quality retail investment property in a premier New Orleans location. Rather than competing for publicly marketed listings, the client relied on Property One to identify opportunities unavailable to the broader market and secure an asset that met its long-term investment objectives.
The Challenge
The ideal property simply wasn’t for sale.
Hayden Ingram and Camden St. Romain identified the Breaux Mart property as an exceptional fit for their client’s investment strategy because of its premier location, established grocery tenant, and long-term investment potential. The challenge was that the owner had held the property for decades and had no intention of selling.
Creating an opportunity required far more than finding a willing seller. It required building a trusted relationship with the owner, understanding his long-term goals, earning his confidence over time, and demonstrating the value of selling at the right moment. Only after months of persistence and thoughtful communication did the owner agree to pursue a transaction.
Once an agreement was reached, the team guided the transaction through confidential negotiations, due diligence, and closing while ensuring Breaux Mart remained fully operational throughout the process.
Property One’s Solution
Representing the buyer, Hayden Ingram and Camden St. Romain created value by originating an investment opportunity that did not exist on the open market.
They accomplished this by:
- Identifying a property that perfectly matched the client’s investment objectives despite it not being listed for sale.
- Leveraging their deep knowledge of the New Orleans retail market to recognize a unique acquisition opportunity.
- Building a trusted relationship with the owner through consistent communication and a consultative approach.
- Demonstrating the value of selling a property that had been held for decades and was never publicly marketed.
- Bringing buyer and seller together at the right time to create a mutually beneficial transaction.
- Managing negotiations, due diligence, and closing while maintaining complete confidentiality and uninterrupted operations for Breaux Mart.
Results
- Successfully originated an exclusive off-market acquisition unavailable to competing investors.
- Helped the client acquire a premier retail investment by creating—not simply finding—an opportunity.
- Earned the confidence of a long-term owner and facilitated the sale of an asset that had never been publicly offered.
- Completed the transaction confidentially with no disruption to the existing tenant.
- Delivered a fully occupied, long-term investment in one of New Orleans’ most desirable retail corridors.
Property Snapshot
- Property Address: 3233 Magazine Street, New Orleans, LA
- Transaction Type: Off-Market Investment Sale
- Representation: Buyer Representation
- Status: Closed
- Sale Price: Confidential
- Occupancy at Closing: 100%
- Primary Tenant: Breaux Mart
Broker Commentary