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Sold Stuff

The Decatur Street building that houses the Louisiana Music Factory sold last week for $1.5M cash. The record and CD shop, known for its abundance of regional music and free shows, is in a lease "for the next few years," but the building's new owner Rick El-Jaouhari says it will eventually be turned into condos. Oh jeez, we can see it now, "The Music Factory Lofts." [City Biz; sub. req.]