SVN | Urban Properties Assists in the Acquisition of K-Paul’s Louisiana Kitchen Building
New Orleans (July 5, 2022) – SVN | Urban Properties, a New Orleans-based commercial brokerage, property management and development firm, represented the buyer of the French Quarter building that housed the historic K-Paul’s Louisiana Kitchen at 416 Chartres Street.
Tyler Robinson, a founding Partner at SVN | Urban, assisted the buyer, Robert Thompson, in the most recent acquisition for his hospitality company, Angevin & Co. “Working with Robert on another strategic acquisition for his hospitality company has been so rewarding,” said Robinson. “It gives me such a sense of accomplishment to assist him in building his brand and growing his footprint in the New Orleans hospitality industry.”
This acquisition represents another great opportunity for Thompson to put his food and beverage expertise to work in New Orleans, following recent acquisitions of The Frenchmen and Whitney Hotels. “French Quarter Boulangerie,” an all-day breakfast, lunch and bakery restaurant is scheduled to open in the second half of 2023.
The all-day café will offer pastries, croissants, breads, desserts, and coffee to go, along with wine, beer and cocktails. The 12,000 square-foot space will be “a thoughtfully imagined space with food hall style counter service and a focus on fresh baked breads, pastries and iconic southern and classic French dishes influenced by the history of the French Quarter.”
“SVN | Urban Properties assisted with site selection within the French Quarter for an ideal space to expand on my food and beverage background,” said Thompson. “When the iconic K-Paul’s space came to market, I felt like it was a big undertaking, but also something that was important to pursue for the City. This historic property is worthy of new life and I know my team and I will evolve it in a way that honors its past while modernizing it for locals and tourists alike.”
Robinson also represented Thompson / Angevin & Co. in two other recent hospitality acquisitions. “The team at SVN | Urban really understands the market both- from a real estate investment standpoint and a location, customer-centric point of view. They take a holistic approach when it comes to client service in terms of being strategic in site selection, market location and developing relationships,” said Thompson.
“Working with clients like Robert is invigorating - his love for New Orleans and his energy and enthusiasm for his respective visions is admirable,” said Robinson. “It is an honor to be his local real estate advisor, we are cut from the same cloth in a lot of ways. I don’t see him slowing down any time soon.”
About Angevin & Co.
Angevin & Co. is focused on providing creatively inspired, neighborhood-centric hospitality experiences where our lobbies, bars and restaurants are the beating heart of our hotels. Led by hospitality industry veteran, Robert Thompson, Angevin & Co. develops the concepts and operates boutique hotels and their bars, cafes and full-service restaurants across the country, spanning from the Rocky Mountains to the southern U.S., and based in New Orleans, LA.
