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PPQ Purchases Office Buildings
09/24/2007
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Two office buildings located in Metairie were recently purchased by Yale Street Investors, LLC a local group headed by PPQ Development. CEO Quentin D. Dastugue, CCIM. Other partners include Paul F. Dastugue III, CPM and Pratt Provosty. Ironically, these two buildings were developed by the Dastugue’s father in the late 60’s. Both brothers literally “grew up” in the building working for their Dad’s real estate company Medallion Realty. “This was truly deja vu”, stated Quentin, “but we recognized a great opportunity to purchase a Veterans location and relocate our company headquarters to the building”. The group plans to upgrade the building with new lobby finishes, security features, lighting, landscaping and HVAC improvements. Property One, Inc. will move later this year and will act as the property’s Leasing and Property Manager. For more information Dastugue may be reached at 504-681-3408


 
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