2025 CID Deal Showcase

Commercial Investment Division logo, New Orleans Realtors.

2025 Deal Showcase

celebrating commercial excellence

About the CID DEAL OF THE YEAR

The Deal of the Year is selected from the winners of sale and lease of the year in each asset class, as well as self-nominated deals exceeding $5 million. Criteria for determining the deal of the year include:

  • Economic Development/ Community Impact
  • Complexity (Such as Tax Credits, P.I.L.O.T.s, T.I.F.s, Opportunity Zones, Zoning Variances/Changes, Public-Private Partnerships, and Neighborhood Transformation)
  • Other intangible qualities and/or factors that are not easily quantified (such as design, construction methods/materials, and amenities)

The Deal of the Year is selected by a Blue-Ribbon Committee comprised of five (5) voting members who are experts across the commercial real estate industry, and two (2) non-voting advisory members.  This 2025 committee included:

  • LAUREN GIBBS, Gibbs Construction
  • TOM HANCOCK, Murphy Appraisal
  • JARED MIGUEZ, Arena Title
  • THOMAS OGG, Gulf Coast Bank & Trust Company
  • RUSSELL RICHARDSON, St. Tammany Corporation

The committee’s advisory members were:

  • Chair of the Awards Committee LANCE GINN of Lee & Associates
  • CID President Ex Officio MICHAEL PLAUCHE of Coldwell Banker Commercial TEC

2025 Deal of the Year Winner

CBRE

The committee recognized this deal, an industrial lease in New Orleans East, for its complexity and its support of a vital state and regional economic asset: the NASA Michoud facility. The deal has already spurred considerable development activity, attracting out-of-state developers and fostering new investment in the area. In the words of a Blue Ribbon Committee member, this deal reinforces that Louisiana is “open for business” — an economic development mantra shared by both the state and the city of New Orleans. These agents demonstrated how REALTORS® play a pivotal role in creating a thriving economy.

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Bryce french

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Jack Sikora

The Deal in New Orleans East

The deal began as a straightforward two-property, 35,000-square-foot site selection in St. Rose and Slidell. Through sharp market intelligence and strategic analysis, Bryce French and Jack Sikora guided their client toward a centralized relocation to New Orleans East, ultimately securing a 162,000-square-foot, $17.4 million industrial lease within the only Class A distribution center in New Orleans, located at the historic NASA Michoud site. This transaction consolidated operations within Orleans Parish and represents a major win for the region. 

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2025 Deal of the Year first runners up

SRSA

Kirsten Early and Stephanie Hilferty were recognized for deftly navigating a complex ground lease of a new-to-market retail concept in Metairie. Threading the needle between existing tenant relocations and site updates, they supported operations for current users while accommodating the needs of their client.

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Kirsten early, CCIM

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Stephanie Hilferty

The Deal at Clearview Mall

The deal structure provided the client with site control and flexibility while allowing ownership to modernize the asset without wholesale redevelopment. This major national retailer enhances co-tenancy and will serve as the mall’s new anchor. Through their creativity, these agents successfully reinvigorated a crucial corridor for Jefferson Parish, ensuring that quality of life remains high for the surrounding community for years to come.

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2025 Deal of the Year second runners up

Bryce French and Jack Sikora

CBRE

At $140 million, this transaction was one of the largest transactions ever submitted for these awards. Deals of this size are inherently complex, requiring the deep market expertise and trusted relationships that define success in our industry. As new projects like the Shell River District and the Tulane Downtown Campus emerge, this deal shows that institutional capital continues to see opportunity in our market. Most importantly, it signals to other developers that New Orleans is a city worth investing in.

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Bryce french

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Jack Sikora


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