New Orleans-based commercial real estate agency Real estate business was acquired by Benson Capital, an investment firm led by Gayle Benson focused on the southern Gulf.
There are currently 55 Corporate Realty employees, including Chairman Mike Siegel who will remain in his role as the company continues to operate in New Orleans.
“New Orleans and the Southern Gulf are poised to grow significantly over the coming years, and I am committed to providing the resources necessary to help Corporate Realty not only grow and develop, but also to show leadership in the communities they serve, ”said Siegel.
Siegel also noted that Corporate Realty’s vision for the city aligns with Benson’s.
A press release from Benson said the company will now be able to expand its investment opportunity with the acquisition of Corporate Realty.