{"id":394,"date":"2022-11-23T10:31:25","date_gmt":"2022-11-23T16:31:25","guid":{"rendered":"https:\/\/gojre.com\/capital\/?post_type=portfolio&#038;p=394"},"modified":"2022-12-06T14:35:48","modified_gmt":"2022-12-06T20:35:48","slug":"new-iberia-shopping-center","status":"publish","type":"portfolio","link":"https:\/\/gojre.com\/capital\/portfolio\/new-iberia-shopping-center\/","title":{"rendered":"New Iberia Shopping Center"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"394\" class=\"elementor elementor-394\" data-elementor-settings=\"{&quot;element_pack_global_tooltip_width&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;element_pack_global_tooltip_width_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;element_pack_global_tooltip_width_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;element_pack_global_tooltip_padding&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;top&quot;:&quot;&quot;,&quot;right&quot;:&quot;&quot;,&quot;bottom&quot;:&quot;&quot;,&quot;left&quot;:&quot;&quot;,&quot;isLinked&quot;:true},&quot;element_pack_global_tooltip_padding_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;top&quot;:&quot;&quot;,&quot;right&quot;:&quot;&quot;,&quot;bottom&quot;:&quot;&quot;,&quot;left&quot;:&quot;&quot;,&quot;isLinked&quot;:true},&quot;element_pack_global_tooltip_padding_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;top&quot;:&quot;&quot;,&quot;right&quot;:&quot;&quot;,&quot;bottom&quot;:&quot;&quot;,&quot;left&quot;:&quot;&quot;,&quot;isLinked&quot;:true},&quot;element_pack_global_tooltip_border_radius&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;top&quot;:&quot;&quot;,&quot;right&quot;:&quot;&quot;,&quot;bottom&quot;:&quot;&quot;,&quot;left&quot;:&quot;&quot;,&quot;isLinked&quot;:true},&quot;element_pack_global_tooltip_border_radius_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;top&quot;:&quot;&quot;,&quot;right&quot;:&quot;&quot;,&quot;bottom&quot;:&quot;&quot;,&quot;left&quot;:&quot;&quot;,&quot;isLinked&quot;:true},&quot;element_pack_global_tooltip_border_radius_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;top&quot;:&quot;&quot;,&quot;right&quot;:&quot;&quot;,&quot;bottom&quot;:&quot;&quot;,&quot;left&quot;:&quot;&quot;,&quot;isLinked&quot;:true}}\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5e66d5c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5e66d5c\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-9adb80c\" data-id=\"9adb80c\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-11c5f7a elementor-widget elementor-widget-heading\" data-id=\"11c5f7a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">New Iberia Shopping Center<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a79105d elementor-widget elementor-widget-text-editor\" data-id=\"a79105d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p style=\"text-align: center;\"><strong><span style=\"color: #ffffff; font-size: 20px;\">New Iberia, Louisiana<\/span><\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-9f65cab elementor-section-content-middle elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"9f65cab\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-1f357b0\" data-id=\"1f357b0\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b720a16 elementor-widget elementor-widget-google_maps\" data-id=\"b720a16\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"google_maps.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-custom-embed\">\n\t\t\t<iframe loading=\"lazy\"\n\t\t\t\t\tsrc=\"https:\/\/maps.google.com\/maps?q=900%20East%20Admiral%20Doyle%20Drive%2C%20New%20Iberia%2C%20LA&#038;t=m&#038;z=10&#038;output=embed&#038;iwloc=near\"\n\t\t\t\t\ttitle=\"900 East Admiral Doyle Drive, New Iberia, LA\"\n\t\t\t\t\taria-label=\"900 East Admiral Doyle Drive, New Iberia, LA\"\n\t\t\t><\/iframe>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-59aadaf\" data-id=\"59aadaf\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7636be0 elementor-widget elementor-widget-text-editor\" data-id=\"7636be0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">This <\/span>New Iberia Shopping Center<span style=\"font-weight: 400;\"> was purchased in 2022 for $12,388,000.\u00a0 JRE sourced this asset off-market through one of its affiliates, who brought it directly to them.\u00a0 This center sits on the most heavily trafficked corner in New Iberia, LA, and has excellent frontage on two of New Iberia\u2019s main thoroughfares.\u00a0 Formerly a K-Mart that closed in 2017, this property was immediately backfilled by Rouses Market in 2018.\u00a0 With over 75 stores in the Gulf South and its corporate headquarters roughly 50 miles away in Thibodaux, LA, Rouses was the perfect anchor.\u00a0 Hobby Lobby followed shortly after, opening in 2019, and by 2020, Ross Dress For Less was added as a build-to-suit end cap.\u00a0 This activity is a testament to the excellent location of this asset.\u00a0 JRE was also able to capitalize on some tax incentives, namely a PILOT lease which is essentially an abatement on property taxes for 10 years.\u00a0 Each tenant, however, is still obligated to reimburse landlord for what would have been their tax bill, providing disproportionate cash flows.\u00a0 This allowed JRE to budget for an amazing 12% cash return to its 32 investors.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-cb04c2b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"cb04c2b\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-48519c5\" data-id=\"48519c5\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4ef6f16 elementor-widget elementor-widget-heading\" data-id=\"4ef6f16\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Address: <\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ce6aeb2 elementor-widget elementor-widget-text-editor\" data-id=\"ce6aeb2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">900 E Admiral Doyle Dr, New Iberia, LA<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cbe9ad9 elementor-widget elementor-widget-heading\" data-id=\"cbe9ad9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Total Square Footage: <\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f2269a7 elementor-widget elementor-widget-text-editor\" data-id=\"f2269a7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">114,620<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7e53ccb elementor-widget elementor-widget-heading\" data-id=\"7e53ccb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Projected Annual Cash Flows:<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f0337ad elementor-widget elementor-widget-text-editor\" data-id=\"f0337ad\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>12%<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8bf613d elementor-widget elementor-widget-heading\" data-id=\"8bf613d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Projected IRR:<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dc19ef3 elementor-widget elementor-widget-text-editor\" data-id=\"dc19ef3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>11%<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-6d78576\" data-id=\"6d78576\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-75e0520 elementor-widget elementor-widget-heading\" data-id=\"75e0520\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Notable Tenants:<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2659b91 elementor-widget elementor-widget-text-editor\" data-id=\"2659b91\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li>Rouses Market<\/li><li>Hobby Lobby<\/li><li>Ross Dress for Less<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6edf358 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6edf358\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-cfbb135\" data-id=\"cfbb135\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-00c21d4 elementor-widget elementor-widget-heading\" data-id=\"00c21d4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">View More Showcased Properties<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6da8214 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"6da8214\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-397ee75 elementor-widget elementor-widget-bdt-post-list\" data-id=\"397ee75\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"bdt-post-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"bdt-post-list-wrap\" data-show-hide=\"{&quot;show_title&quot;:&quot;yes&quot;,&quot;show_image&quot;:&quot;yes&quot;}\">\n\t\t\t\t\t\t<div class=\"bdt-post-list\" id=\"bdt-post-list-397ee75\" data-settings=\"{&quot;taxonomy&quot;:&quot;category&quot;,&quot;post-type&quot;:&quot;portfolio&quot;,&quot;order&quot;:&quot;asc&quot;,&quot;orderby&quot;:&quot;date&quot;,&quot;posts_per_page&quot;:9}\">\n\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t<div class=\"bdt-item-wrap bdt-flex\">\n\t\t\t\t\t\t<div class=\"bdt-item bdt-flex bdt-flex-middle\">\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"bdt-image bdt-flex\">\n\t\t\t\t\t\t\t\t<a href=\"https:\/\/gojre.com\/capital\/portfolio\/magnolia-square-shopping-center\/\"\n\t\t\t\t\t\t\t\t\ttitle=\"Magnolia Square Shopping Center\">\n\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/gojre.com\/capital\/wp-content\/uploads\/2022\/10\/JRE-DroneFootage-MagnoliaSquareHouma-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"Magnolia Square Shopping Center\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<div class=\"bdt-content\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<h4\t\t\t\t\t\t\t\t\t\tclass=\"bdt-title\">\n\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/gojre.com\/capital\/portfolio\/magnolia-square-shopping-center\/\" class=\"bdt-link\"\n\t\t\t\t\t\t\t\t\t\t\ttitle=\"Magnolia Square Shopping Center\">\n\t\t\t\t\t\t\t\t\t\t\tMagnolia Square Shopping Center\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/h4>\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t<div class=\"bdt-item-wrap bdt-flex\">\n\t\t\t\t\t\t<div class=\"bdt-item bdt-flex bdt-flex-middle\">\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"bdt-image bdt-flex\">\n\t\t\t\t\t\t\t\t<a href=\"https:\/\/gojre.com\/capital\/portfolio\/new-iberia-shopping-center\/\"\n\t\t\t\t\t\t\t\t\ttitle=\"New Iberia Shopping Center\">\n\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/gojre.com\/capital\/wp-content\/uploads\/2022\/11\/JRE-NewIberiaShoppingCenter-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"New Iberia Shopping Center\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<div class=\"bdt-content\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<h4\t\t\t\t\t\t\t\t\t\tclass=\"bdt-title\">\n\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/gojre.com\/capital\/portfolio\/new-iberia-shopping-center\/\" class=\"bdt-link\"\n\t\t\t\t\t\t\t\t\t\t\ttitle=\"New Iberia Shopping Center\">\n\t\t\t\t\t\t\t\t\t\t\tNew Iberia Shopping Center\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/h4>\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t<div class=\"bdt-item-wrap bdt-flex\">\n\t\t\t\t\t\t<div class=\"bdt-item bdt-flex bdt-flex-middle\">\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"bdt-image bdt-flex\">\n\t\t\t\t\t\t\t\t<a href=\"https:\/\/gojre.com\/capital\/portfolio\/rouses-markets\/\"\n\t\t\t\t\t\t\t\t\ttitle=\"Rouses Markets\">\n\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/gojre.com\/capital\/wp-content\/uploads\/2022\/11\/JRE-Rouses-splitFeatured-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"Rouses Markets\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<div class=\"bdt-content\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<h4\t\t\t\t\t\t\t\t\t\tclass=\"bdt-title\">\n\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/gojre.com\/capital\/portfolio\/rouses-markets\/\" class=\"bdt-link\"\n\t\t\t\t\t\t\t\t\t\t\ttitle=\"Rouses Markets\">\n\t\t\t\t\t\t\t\t\t\t\tRouses Markets\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/h4>\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t<div class=\"bdt-item-wrap bdt-flex\">\n\t\t\t\t\t\t<div class=\"bdt-item bdt-flex bdt-flex-middle\">\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"bdt-image bdt-flex\">\n\t\t\t\t\t\t\t\t<a href=\"https:\/\/gojre.com\/capital\/portfolio\/southdowns-shopping-center\/\"\n\t\t\t\t\t\t\t\t\ttitle=\"Southdowns Shopping Center\">\n\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/gojre.com\/capital\/wp-content\/uploads\/2022\/11\/JRE-Southdowns-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"Southdowns Shopping Center\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<div class=\"bdt-content\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<h4\t\t\t\t\t\t\t\t\t\tclass=\"bdt-title\">\n\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/gojre.com\/capital\/portfolio\/southdowns-shopping-center\/\" class=\"bdt-link\"\n\t\t\t\t\t\t\t\t\t\t\ttitle=\"Southdowns Shopping Center\">\n\t\t\t\t\t\t\t\t\t\t\tSouthdowns Shopping Center\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/h4>\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t<div class=\"bdt-item-wrap bdt-flex\">\n\t\t\t\t\t\t<div class=\"bdt-item bdt-flex bdt-flex-middle\">\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"bdt-image bdt-flex\">\n\t\t\t\t\t\t\t\t<a href=\"https:\/\/gojre.com\/capital\/portfolio\/drusilla-shopping-center\/\"\n\t\t\t\t\t\t\t\t\ttitle=\"Drusilla Shopping Center\">\n\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/gojre.com\/capital\/wp-content\/uploads\/2022\/11\/JRE-DrusillaShoppingCenter-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"Drusilla Shopping Center\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<div class=\"bdt-content\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<h4\t\t\t\t\t\t\t\t\t\tclass=\"bdt-title\">\n\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/gojre.com\/capital\/portfolio\/drusilla-shopping-center\/\" class=\"bdt-link\"\n\t\t\t\t\t\t\t\t\t\t\ttitle=\"Drusilla Shopping Center\">\n\t\t\t\t\t\t\t\t\t\t\tDrusilla Shopping Center\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/h4>\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t<div class=\"bdt-item-wrap bdt-flex\">\n\t\t\t\t\t\t<div class=\"bdt-item bdt-flex bdt-flex-middle\">\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"bdt-image bdt-flex\">\n\t\t\t\t\t\t\t\t<a href=\"https:\/\/gojre.com\/capital\/portfolio\/perkins-south-shopping-center\/\"\n\t\t\t\t\t\t\t\t\ttitle=\"Perkins South Shopping Center\">\n\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/gojre.com\/capital\/wp-content\/uploads\/2022\/11\/PerkinsSouth-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"Perkins South Shopping Center\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<div class=\"bdt-content\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<h4\t\t\t\t\t\t\t\t\t\tclass=\"bdt-title\">\n\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/gojre.com\/capital\/portfolio\/perkins-south-shopping-center\/\" class=\"bdt-link\"\n\t\t\t\t\t\t\t\t\t\t\ttitle=\"Perkins South Shopping Center\">\n\t\t\t\t\t\t\t\t\t\t\tPerkins South Shopping Center\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/h4>\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t<div class=\"bdt-item-wrap bdt-flex\">\n\t\t\t\t\t\t<div class=\"bdt-item bdt-flex bdt-flex-middle\">\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"bdt-image bdt-flex\">\n\t\t\t\t\t\t\t\t<a href=\"https:\/\/gojre.com\/capital\/portfolio\/eastbank-shopping-center\/\"\n\t\t\t\t\t\t\t\t\ttitle=\"Eastbank Shopping Center\">\n\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/gojre.com\/capital\/wp-content\/uploads\/2022\/12\/JRE-eastbank-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"Eastbank Shopping Center\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<div class=\"bdt-content\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<h4\t\t\t\t\t\t\t\t\t\tclass=\"bdt-title\">\n\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/gojre.com\/capital\/portfolio\/eastbank-shopping-center\/\" class=\"bdt-link\"\n\t\t\t\t\t\t\t\t\t\t\ttitle=\"Eastbank Shopping Center\">\n\t\t\t\t\t\t\t\t\t\t\tEastbank Shopping Center\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/h4>\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t<div class=\"bdt-item-wrap bdt-flex\">\n\t\t\t\t\t\t<div class=\"bdt-item bdt-flex bdt-flex-middle\">\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"bdt-image bdt-flex\">\n\t\t\t\t\t\t\t\t<a href=\"https:\/\/gojre.com\/capital\/portfolio\/forest-oaks-shopping-center\/\"\n\t\t\t\t\t\t\t\t\ttitle=\"Forest Oaks Shopping Center\">\n\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/gojre.com\/capital\/wp-content\/uploads\/2022\/12\/Screen-Shot-2022-12-05-at-8.19.22-PM-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"Forest Oaks Shopping Center\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<div class=\"bdt-content\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<h4\t\t\t\t\t\t\t\t\t\tclass=\"bdt-title\">\n\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/gojre.com\/capital\/portfolio\/forest-oaks-shopping-center\/\" class=\"bdt-link\"\n\t\t\t\t\t\t\t\t\t\t\ttitle=\"Forest Oaks Shopping Center\">\n\t\t\t\t\t\t\t\t\t\t\tForest Oaks Shopping Center\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/h4>\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t<div class=\"bdt-item-wrap bdt-flex\">\n\t\t\t\t\t\t<div class=\"bdt-item bdt-flex bdt-flex-middle\">\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"bdt-image bdt-flex\">\n\t\t\t\t\t\t\t\t<a href=\"https:\/\/gojre.com\/capital\/portfolio\/oak-park-square\/\"\n\t\t\t\t\t\t\t\t\ttitle=\"Oak Park Square\">\n\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/gojre.com\/capital\/wp-content\/uploads\/2022\/12\/JRE-OakParkSquare-150x150.jpeg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"Oak Park Square\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<div class=\"bdt-content\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<h4\t\t\t\t\t\t\t\t\t\tclass=\"bdt-title\">\n\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/gojre.com\/capital\/portfolio\/oak-park-square\/\" class=\"bdt-link\"\n\t\t\t\t\t\t\t\t\t\t\ttitle=\"Oak Park Square\">\n\t\t\t\t\t\t\t\t\t\t\tOak Park Square\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/h4>\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t<!-- GRADIENT SPINNER -->\n\t\t\t\t<div id=\"bdt-loading-image\" style=\"display: none;\">\n\t\t\t\t\t<div class=\"bdt-spinner-box\">\n\t\t\t\t\t<div class=\"bdt-circle-border\">\n\t\t\t\t\t\t<div class=\"bdt-circle-core\"><\/div>\n\t\t\t\t\t<\/div>  \n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<!-- GRADIENT SPINNER -->\n\t\t\t\t\n\t\t\t<\/div>\n\t\t<\/div>\n\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>New Iberia Shopping Center New Iberia, Louisiana This New Iberia Shopping Center [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":477,"menu_order":0,"template":"","meta":{"footnotes":""},"portfolio_category":[7],"class_list":["post-394","portfolio","type-portfolio","status-publish","has-post-thumbnail","hentry","portfolio_category-property-case-studies"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>New Iberia Shopping Center - JRE Capital<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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