{"id":490,"date":"2022-11-30T10:52:54","date_gmt":"2022-11-30T16:52:54","guid":{"rendered":"https:\/\/gojre.com\/capital\/?post_type=portfolio&#038;p=490"},"modified":"2022-12-06T14:39:55","modified_gmt":"2022-12-06T20:39:55","slug":"drusilla-shopping-center","status":"publish","type":"portfolio","link":"https:\/\/gojre.com\/capital\/portfolio\/drusilla-shopping-center\/","title":{"rendered":"Drusilla Shopping Center"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"490\" class=\"elementor elementor-490\" 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\">Drusilla 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;\">Baton Rouge, 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-16 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\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-66 elementor-top-column elementor-element elementor-element-d7f49d2\" data-id=\"d7f49d2\" 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-4fc119b elementor-widget elementor-widget-google_maps\" data-id=\"4fc119b\" 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=Drusilla%20Shopping%20Center&#038;t=m&#038;z=10&#038;output=embed&#038;iwloc=near\"\n\t\t\t\t\ttitle=\"Drusilla Shopping Center\"\n\t\t\t\t\taria-label=\"Drusilla Shopping Center\"\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-16 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\">\n\t\t\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-419efa4 elementor-section-content-top elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"419efa4\" 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-34b4933\" data-id=\"34b4933\" 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-2e50791 elementor-widget elementor-widget-text-editor\" data-id=\"2e50791\" 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>Drusilla Village Shopping Center<span style=\"font-weight: 400;\"> was initially acquired in 2014 for $10,468,000 and an occupancy of 85%.\u00a0 The entire center underwent a full renovation, replacing much of the roofs, re-painting, and replacing much of the fa\u00e7ade.\u00a0 These improvements, combined with the landlord&#8217;s active leasing activities, increased the center&#8217;s occupancy to over 90%.\u00a0 In 2016, however, Drusilla lost about 10% of its occupancy (about 14,000 sf) to national tenants&#8217; bankruptcies, with Radio Shack and Hancock Fabrics.\u00a0 While this was a setback for the center, it was able to maintain its debt payment while JRE actively worked to bring occupancy back up to 90%.\u00a0 During this time, its anchor tenant (LeBlanc\u2019s Grocery) sold its operations to regionally dominant grocer, Rouses Market.\u00a0 This was a significant upgrade to the credit of this centers tenancy.<\/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<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-3cb9133\" data-id=\"3cb9133\" 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-ac47f6e elementor-widget elementor-widget-text-editor\" data-id=\"ac47f6e\" 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 property was re-capitalized in 2021 by a new group of investors within JRE Capital&#8217;s investment platform and a 10-year CMBS loan, at a purchase price of $13,250,000.\u00a0 At the time of acquisition, the occupancy was at 89%.\u00a0 Within 12 months of new ownership, Jarreau Real Estate (JRE&#8217;s brokerage arm) secured a lease with a new concept called &#8220;X-Factor Sports&#8221; \u2013 an indoor baseball practice facility backed and operated by some of the top leaders in the local baseball community.\u00a0 This ideal use for the space greatly enhances the value of the center, bringing the occupancy up to 96%, adding an additional $100k+\/- of NOI and creating additional value of over $1.2MM.<\/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;\">3400 Drusilla Lane, Baton Rouge, 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>140,000<\/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-ebcc763 elementor-widget elementor-widget-heading\" data-id=\"ebcc763\" 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-62b412d elementor-widget elementor-widget-text-editor\" data-id=\"62b412d\" 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>10%<\/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-c990088 elementor-widget elementor-widget-heading\" data-id=\"c990088\" 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-6630d99 elementor-widget elementor-widget-text-editor\" data-id=\"6630d99\" 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>12.5%<\/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>Chase Bank<\/li><li>Raising Canes Chicken Fingers<\/li><li>Family Dollar<\/li><li>X-Factor Sports<\/li><li>Drusilla Seafood<\/li><li>Drusilla Imports<\/li><li>Mary Lee Donuts<\/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-e4662f4 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e4662f4\" 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-a9e998a\" data-id=\"a9e998a\" 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-070a289 elementor-widget elementor-widget-heading\" data-id=\"070a289\" 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-9c9e346 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"9c9e346\" 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-909565d elementor-widget elementor-widget-bdt-post-list\" data-id=\"909565d\" 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-909565d\" 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>Drusilla Shopping Center Baton Rouge, Louisiana Drusilla Village Shopping Center was initially [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":491,"menu_order":0,"template":"","meta":{"footnotes":""},"portfolio_category":[7],"class_list":["post-490","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>Drusilla Shopping Center - JRE Capital<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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