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123 yr old Reilly Foods Company moving from NOLA CBD to Elmwood
Posted on 6/17/24 at 2:08 pm
Posted on 6/17/24 at 2:08 pm
Reily Foods Co., a 123-year-old New Orleans company best known for brands that include Blue Plate Mayonnaise, French Market Coffee and Luzianne Iced Tea, is leaving its corporate headquarters in the Central Business District and moving to Elmwood, according to multiple sources familiar with the plans.
The move will affect the sales, marketing and back office employees of Reily Foods, whose offices are currently housed on the 10th floor of the former Texaco Building at 400 Poydras St., according to the building’s leasing agent, who was recently notified of the company’s plans to terminate its lease. The exact number of employees is unknown.
Company President and CEO William Boatner “Bo” Reily, IV was traveling and did not respond to a request for comment. But several company employees, who were not authorized to speak on behalf of the company, said Reily told employees of the plans at a recent company meeting where he expressed concerns about quality of life issues downtown.
A timeline for Reily Foods move has not been finalized. But a listing on the LACDB database of commercial property shows the company’s 22,500-square-foot office at 400 Poydras will be available by Oct. 1.
NOLA

The move will affect the sales, marketing and back office employees of Reily Foods, whose offices are currently housed on the 10th floor of the former Texaco Building at 400 Poydras St., according to the building’s leasing agent, who was recently notified of the company’s plans to terminate its lease. The exact number of employees is unknown.
Company President and CEO William Boatner “Bo” Reily, IV was traveling and did not respond to a request for comment. But several company employees, who were not authorized to speak on behalf of the company, said Reily told employees of the plans at a recent company meeting where he expressed concerns about quality of life issues downtown.
A timeline for Reily Foods move has not been finalized. But a listing on the LACDB database of commercial property shows the company’s 22,500-square-foot office at 400 Poydras will be available by Oct. 1.
NOLA

This post was edited on 6/17/24 at 2:09 pm
Posted on 6/17/24 at 2:11 pm to MrLSU
quote:
he expressed concerns about quality of life issues downtown.
[/img]This post was edited on 6/17/24 at 2:12 pm
Posted on 6/17/24 at 2:12 pm to MrLSU
He must not like chargers drag racing.
Posted on 6/17/24 at 2:14 pm to Splackavellie
It’s not the “quality” of life, rather retaining the ability to keep alive.
Posted on 6/17/24 at 2:14 pm to Sidicous
We should be happy they didnt leave state altogether
Posted on 6/17/24 at 2:16 pm to MrLSU
More high rise condos coming where their offices were.
Their old mayo factory is already “artist’s lofts”.
This post was edited on 6/17/24 at 2:17 pm
Posted on 6/17/24 at 2:17 pm to MrLSU
I don't know much about this company or the CEO but I do know that family companies eventually get run into the ground by the wrong family member inheriting the company. Lucky for him he has several very strong brands under his umbrella so weird decisions like this most likely won't sink the ship.
Posted on 6/17/24 at 2:18 pm to MrLSU
quote:
Reily told employees of the plans at a recent company meeting where he expressed concerns about quality of life issues downtown.

Posted on 6/17/24 at 2:20 pm to MrLSU
Baumer Foods, Crystal Hot Sauce, and Chisesi's meats say welcome to the party pal...
What took you so long?
What took you so long?
This post was edited on 6/17/24 at 2:21 pm
Posted on 6/17/24 at 2:21 pm to MrLSU
quote:
Company President and CEO William Boatner “Bo” Reily, IV was traveling and did not respond to a request for comment.
30A no doubt
Posted on 6/17/24 at 2:22 pm to Bert Macklin FBI
quote:
so weird decisions like this most likely won't sink the ship.
Why is this a weird decision?
Posted on 6/17/24 at 2:22 pm to Bert Macklin FBI
quote:
Lucky for him he has several very strong brands under his umbrella so weird decisions like this most likely won't sink the ship.
What makes this a "weird decision" in your estimation?
Posted on 6/17/24 at 2:25 pm to Bert Macklin FBI
quote:
I don't know much about this company or the CEO but I do know that family companies eventually get run into the ground by the wrong family member inheriting the company. Lucky for him he has several very strong brands under his umbrella so weird decisions like this most likely won't sink the ship.
quote:
Reily Foods Co., a 123-year-old

Posted on 6/17/24 at 2:26 pm to yellowfin
quote:Frat as frick.
William Boatner “Bo” Reily, IV
Posted on 6/17/24 at 2:28 pm to MrLSU
Poor leadership is like a snowball rolling down a mountain. It grows and grows until it is a giant ball destroying everything in its path.
We read about companies moving out of New Orleans on a regular basis. Fortunately, this one is at least staying in Louisiana and in the NOLA metro area. Still, another dagger.
Reap what you sow.
We read about companies moving out of New Orleans on a regular basis. Fortunately, this one is at least staying in Louisiana and in the NOLA metro area. Still, another dagger.
Reap what you sow.
Posted on 6/17/24 at 2:30 pm to MrLSU
Will the new lease at the new location be cheaper ?
Posted on 6/17/24 at 2:31 pm to MrLSU
quote:
he expressed concerns about quality of life issues downtown.
Possibly, but probably just a move to decrease rent without starting rumors of financial struggle amongst the employees. They probably cut the rent in half by moving to Elmwood.
quote:
400 Poydras ±13,315 RSF
$18 - 18.50 PSF (Annual)
$24,121 - 24,791 (Monthly)
quote:
Elmwood
Listing Details
Asking Rate
$10.00 Annual/SF
Total Available
22,673 SF
This post was edited on 6/17/24 at 2:35 pm
Posted on 6/17/24 at 2:32 pm to yellowfin
quote:
William Boatner “Bo” Reily, IV
Bilbo Fo?
Posted on 6/17/24 at 2:33 pm to Shexter
quote:
Possibly, but probably just a move to decrease rent without starting rumors of financial struggle amongst the employees.
This is stupid. A company can make money saving moves and it not be indicative of financial struggles.
Also, both things can be true. Rent disparities are so great it makes putting up with the bullshite in the CBD not worth it.
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