$10.5M NOLA port deal

The Port of New Orleans closed a multi-million dollar real estate deal Aug. 28 as part of a process putting Public Belt Railroad in port hands, and turning prime Mississippi River-front real estate over to the city. The port purchased a former France Road shipyard on the Industrial Canal for $10.5M from a real estate firm belonging to Shane Guidry, owner of Harvey Gulf International Marine. Port President/CEO Brandy Christian and Guidry signed the deal Aug. 28, according to Orleans Parish real estate records. (Source: NOLA.com 09/06/17)