{"id":1004095732,"date":"2014-04-30T14:31:19","date_gmt":"2014-04-30T22:31:19","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=258415"},"modified":"2025-02-19T03:39:04","modified_gmt":"2025-02-19T11:39:04","slug":"costco-opens-38m-location-spurring-cre-activity-nearby","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/costco-opens-38m-location-spurring-cre-activity-nearby\/","title":{"rendered":"Costco Opens $38M Location, Spurring CRE Activity Nearby"},"content":{"rendered":"

By Eliza Theiss, Associate Editor<\/em><\/p>\n

\"\"<\/a>Membership warehouse chain Costco Wholesale Corp. has opened its newest U.S. location. The $38 million, 149,000-square-foot store on Airline Boulevard in Baton Rouge, is the company\u2019s second foray into the Louisiana retail market, after opening a $40 million, 148,000-square-foot store in New Orleans, reports The Times-Picayune<\/em><\/a>.<\/p>\n

The new Baton Rouge retail warehouse location includes a bakery, fresh deli, food court, gas station, pharmacy and independent optometrist. As previously reported<\/a>,\u00a0the new Costco was developed on 15 of the 28 acres of the former Coca-Cola bottling plant. The 345,000-square-foot bottling facility was demolished, reported 225 Baton Rouge<\/em><\/a>. The demolition was executed by T.D. Farell Construction, the company also in charge of building both the Baton Rouge and New Orleans Costco locations.<\/p>\n

According to The Times-Picayune<\/em>, the new store will employ 250, evenly split between full- and part-time employees. Although generally well received, some controversy surrounded the development, due to Baton Rouge metro council’s approving up to $7.8 million in tax breaks for the project. The New Orleans store received up to $3.3 million in tax breaks to cover site elevation and flood mitigation expenses.<\/p>\n

In other retail news, Donnie Jarreau secured a 10,000-square-foot lease contract with Dollar Tree for a new retail development on City Center Plaza on Coursey Boulevard, near the newly opened Costco, reports the Greater Baton Rouge Business Report<\/em><\/a>.<\/p>\n

Dubbed City Center Plaza, the 26,000-square-foot development expects to sign another national brand for its remaining space due to its proximity to Costco and being shadow-anchored by Home Depot. Broker Donnie Jareau is the CEO of Donnie Jarreau Companies, which include Donnie Jarreau Real Estate Inc.<\/p>\n

Image courtesy of Costco via Facebook<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

International chain of membership warehouses, Costco Wholesale Corp. has opened its newest U.S. location<\/p>\n","protected":false},"author":49,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21742],"tags":[1815],"class_list":["post-1004095732","post","type-post","status-publish","format-standard","hentry","category-latest","tag-national"],"acf":[],"yoast_head":"\nCostco Opens $38M Location, Spurring CRE Activity Nearby - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/costco-opens-38m-location-spurring-cre-activity-nearby\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Costco Opens $38M Location, Spurring CRE Activity Nearby\" \/>\n<meta property=\"og:description\" content=\"International chain of membership warehouses, Costco Wholesale Corp. has opened its newest U.S. location\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/costco-opens-38m-location-spurring-cre-activity-nearby\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2014-04-30T22:31:19+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-19T11:39:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/04\/Baton-Rouge-Costco.png\" \/>\n<meta name=\"author\" content=\"Eliza Theiss\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/costco-opens-38m-location-spurring-cre-activity-nearby\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/costco-opens-38m-location-spurring-cre-activity-nearby\\\/\"},\"author\":{\"name\":\"Eliza Theiss\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/de1353a5de72f96494054df3ecca7de4\"},\"headline\":\"Costco Opens $38M Location, Spurring CRE Activity Nearby\",\"datePublished\":\"2014-04-30T22:31:19+00:00\",\"dateModified\":\"2025-02-19T11:39:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/costco-opens-38m-location-spurring-cre-activity-nearby\\\/\"},\"wordCount\":282,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/costco-opens-38m-location-spurring-cre-activity-nearby\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2014\\\/04\\\/Baton-Rouge-Costco.png\",\"keywords\":[\"National\"],\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/costco-opens-38m-location-spurring-cre-activity-nearby\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/costco-opens-38m-location-spurring-cre-activity-nearby\\\/\",\"name\":\"Costco Opens $38M Location, Spurring CRE Activity Nearby - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/costco-opens-38m-location-spurring-cre-activity-nearby\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/costco-opens-38m-location-spurring-cre-activity-nearby\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2014\\\/04\\\/Baton-Rouge-Costco.png\",\"datePublished\":\"2014-04-30T22:31:19+00:00\",\"dateModified\":\"2025-02-19T11:39:04+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/de1353a5de72f96494054df3ecca7de4\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/costco-opens-38m-location-spurring-cre-activity-nearby\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/costco-opens-38m-location-spurring-cre-activity-nearby\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/costco-opens-38m-location-spurring-cre-activity-nearby\\\/#primaryimage\",\"url\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2014\\\/04\\\/Baton-Rouge-Costco.png\",\"contentUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2014\\\/04\\\/Baton-Rouge-Costco.png\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/costco-opens-38m-location-spurring-cre-activity-nearby\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Costco Opens $38M Location, Spurring CRE Activity Nearby\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/de1353a5de72f96494054df3ecca7de4\",\"name\":\"Eliza Theiss\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/96965f7dc4c1c5276e67c2727672b8636c299791a627dca31fda556cf0db9758?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/96965f7dc4c1c5276e67c2727672b8636c299791a627dca31fda556cf0db9758?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/96965f7dc4c1c5276e67c2727672b8636c299791a627dca31fda556cf0db9758?s=96&d=mm&r=g\",\"caption\":\"Eliza Theiss\"},\"description\":\"Eliza Theiss is a senior writer reporting real estate trends in the US. Her work has been cited by CBS News, Curbed, The Los Angeles Times, and Forbes among others. With an academic background in journalism, Eliza has been covering real estate since 2012. Before joining PropertyShark, Eliza was an associate editor at Multi-Housing News and Commercial Property Executive. She has also contributed extensively to CommercialEdge. Reach her at eliza.theiss@yardi.com\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/eliza\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Costco Opens $38M Location, Spurring CRE Activity Nearby - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/costco-opens-38m-location-spurring-cre-activity-nearby\/","og_locale":"en_US","og_type":"article","og_title":"Costco Opens $38M Location, Spurring CRE Activity Nearby","og_description":"International chain of membership warehouses, Costco Wholesale Corp. has opened its newest U.S. location","og_url":"https:\/\/www.commercialsearch.com\/news\/costco-opens-38m-location-spurring-cre-activity-nearby\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2014-04-30T22:31:19+00:00","article_modified_time":"2025-02-19T11:39:04+00:00","og_image":[{"url":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/04\/Baton-Rouge-Costco.png","type":"","width":"","height":""}],"author":"Eliza Theiss","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/costco-opens-38m-location-spurring-cre-activity-nearby\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/costco-opens-38m-location-spurring-cre-activity-nearby\/"},"author":{"name":"Eliza Theiss","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/de1353a5de72f96494054df3ecca7de4"},"headline":"Costco Opens $38M Location, Spurring CRE Activity Nearby","datePublished":"2014-04-30T22:31:19+00:00","dateModified":"2025-02-19T11:39:04+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/costco-opens-38m-location-spurring-cre-activity-nearby\/"},"wordCount":282,"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/costco-opens-38m-location-spurring-cre-activity-nearby\/#primaryimage"},"thumbnailUrl":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/04\/Baton-Rouge-Costco.png","keywords":["National"],"articleSection":["News"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/costco-opens-38m-location-spurring-cre-activity-nearby\/","url":"https:\/\/www.commercialsearch.com\/news\/costco-opens-38m-location-spurring-cre-activity-nearby\/","name":"Costco Opens $38M Location, Spurring CRE Activity Nearby - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/costco-opens-38m-location-spurring-cre-activity-nearby\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/costco-opens-38m-location-spurring-cre-activity-nearby\/#primaryimage"},"thumbnailUrl":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/04\/Baton-Rouge-Costco.png","datePublished":"2014-04-30T22:31:19+00:00","dateModified":"2025-02-19T11:39:04+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/de1353a5de72f96494054df3ecca7de4"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/costco-opens-38m-location-spurring-cre-activity-nearby\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/costco-opens-38m-location-spurring-cre-activity-nearby\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/costco-opens-38m-location-spurring-cre-activity-nearby\/#primaryimage","url":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/04\/Baton-Rouge-Costco.png","contentUrl":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/04\/Baton-Rouge-Costco.png"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/costco-opens-38m-location-spurring-cre-activity-nearby\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Costco Opens $38M Location, Spurring CRE Activity Nearby"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/de1353a5de72f96494054df3ecca7de4","name":"Eliza Theiss","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/96965f7dc4c1c5276e67c2727672b8636c299791a627dca31fda556cf0db9758?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/96965f7dc4c1c5276e67c2727672b8636c299791a627dca31fda556cf0db9758?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/96965f7dc4c1c5276e67c2727672b8636c299791a627dca31fda556cf0db9758?s=96&d=mm&r=g","caption":"Eliza Theiss"},"description":"Eliza Theiss is a senior writer reporting real estate trends in the US. Her work has been cited by CBS News, Curbed, The Los Angeles Times, and Forbes among others. With an academic background in journalism, Eliza has been covering real estate since 2012. Before joining PropertyShark, Eliza was an associate editor at Multi-Housing News and Commercial Property Executive. She has also contributed extensively to CommercialEdge. Reach her at eliza.theiss@yardi.com","url":"https:\/\/www.commercialsearch.com\/news\/author\/eliza\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004095732","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/49"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004095732"}],"version-history":[{"count":3,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004095732\/revisions"}],"predecessor-version":[{"id":1004531119,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004095732\/revisions\/1004531119"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004095732"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004095732"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004095732"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}