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Author: Robert Hand

$130 million New Orleans East Hospital

Tax Incentives Will Revitalize New Orleans East

May 19, 2022
| No Comments
| Taxes

New Orleans is attracting a new industry of media companies, including movie companies and software developers, mostly due to superior incentives offered to businesses to

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New Orleans Commercial Real Estate-The History of 426 Canal Street

May 17, 2022
| No Comments
| Local Economy

Since New Orleans is almost 300 years old, there is plenty of history behind almost every commercial real estate property, and 426 Canal Street is a

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New Orleans Commercial Real Estate Developments Don’t Get Done Without Government Help

May 15, 2022
| No Comments
| Local Economy, Multi-family, Press

Large commercial real estate developments in New Orleans don't happen without government help which ranges from New Market Tax Credits, Community Block Grants, Tax Exempt

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Visualizing Risk In Making Decisions

May 11, 2022
| No Comments
| Office, Price Trends

You can run the numbers to calculate gains or losses from various scenarios, but there is nothing like a visual depiction of risk/reward tradeoffs. The

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volley negotiations are like tennis

Why Negotiating Is Like A Quick Tennis Match

May 9, 2022
| No Comments
| Contracts

Buying, selling and leasing commercial real estate requires lots of different skills, including knowledge of financing, zoning, supply and demand, income statements, and demographics but

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New Orleans Commercial Real Estate Zoning For Dummies

May 7, 2022
| No Comments
| Zoning

  In this article we examine the permitted uses in various zoning districts for New Orleans commercial real estate including Orleans and Jefferson Parishes. Zoning

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The Wildebeest Must Die For The Lion To Live

May 1, 2022
| No Comments
| Demand & Supply

Wildebeests are 4 1/2 feet tall,  weigh over 500 pounds and run 50 miles an hour, but some must die so that the lion can

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5 Things To Do Now To Prevent The Virus From Affecting Your Lease

April 28, 2022
| No Comments
| Price Trends

Whether you are a landlord or a tenant, lessor or lessee, you need to take action now to keep your business alive in the future.

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Everything You Need To Know About A Flood Map* But Were Afraid To Ask

April 26, 2022
| No Comments
| Demand & Supply, Flood Maps

Normally when people in New Orleans ask if an area floods they are talking about heavy rains causing water to pool in the streets until

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DOLLAR IN MASK

The Smart Way To Value Commercial Real Estate

April 24, 2022
| No Comments
| BLOG

The most popular method of appraising commercial real estate is not the most accurate. Usually we compare past sales of property and apply the price

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CPI 1914 TO 2020

3 Common Mistakes In Every Lease

April 22, 2022
| No Comments
| BLOG

Whether you rent office space in a Class A office tower, warehouse space to store inventory or retail space for your coffee shop, your lease probably includes

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Louisiana Commercial Realty | Commercial Real Estate Experts

Tariffs Are Bad For You

April 20, 2022
| No Comments
| BLOG

Every college business student learns tariffs are bad for economies that believe in free markets and competition and textbooks are filled with charts showing how

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Louisiana Commercial Realty | Commercial Real Estate Experts

New Orleans’ Warwick Hotel Sale – Revives Mysterious History

April 18, 2022
| No Comments
| BLOG

In 2020 it was reported that the vacant-since-Katrina 197 room Warwick Hotel at 1315 Gravier in New Orleans sold for $8 million, but like so

Read More

Louisiana Commercial Realty | Commercial Real Estate Experts

Louisiana Commercial Realty Releases Publication: “What Businesses Will Thrive In New Orleans East”

April 16, 2022
| No Comments
| BLOG

  Can Opportunity Arise from Tragedy? Unless you go back to the 1970’s, New Orleans East has never been an economic driver for the area.

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How To Get Your Commercial Vacant Space Leased or Sold in 2022

April 15, 2022
| No Comments
| BLOG, Leases

If you own commercial property and need to find a tenant for your vacant space or find a buyer for your property, you will need

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present value graphic

The One Math Tool That Can Actually Help You Make Better Real Estate Decisions

April 14, 2022
| No Comments
| BLOG

Present Value Allows You To Compare Cash Flows The best single tool that you can use over and over again in a variety of situations

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cap rate table

How To Value New Orleans Commercial Real Estate Using Cap Rate

April 11, 2022
| No Comments
| Press, Price Trends

Money is made in commercial real estate by having the vision to create value where none before existing. Since prices are not transparent like stocks

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CPI CHART

How The February 2022 CPI Affects Commercial Leases

April 9, 2022
| No Comments
| BLOG

Whether you rent office space, a warehouse, or a retail store, your lease probably has language that ties rent you pay to the Consumer Price

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CPI CHART

Critical Inflation Theory

March 29, 2022
| No Comments
| Price Trends

A few weeks ago the U.S. Bureau of Labor Statistics announced inflation rose 7.9 percent from February 2021 to February 2022, the highest increase since

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So, You Want To Open A Restaurant On Magazine Street In New Orleans – Not So Fast

March 21, 2022
| No Comments
| BLOG, Zoning

One of the first challenges in opening a business is to find the right location, and the most likely concerns about location are traffic count,

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percent loans denied by race in 2018

Loan Discrimination Prevalent in New Orleans Housing

March 21, 2022
| No Comments
| BLOG, Demographics, Financing, redlining

In 2018, African Americans in the New Orleans/Metairie area were denied as much as 85% more loans when compared to white applicants in the same

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Louisiana Commercial Realty | Commercial Real Estate Experts

Why Businesses Leave New Orleans

October 28, 2021
| No Comments
| BLOG

New Orleanians always ask why we can’t get businesses to move here. The answer is that people don't move here. Businesses follow population but population

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Louisiana Commercial Realty | Commercial Real Estate Experts

How To Reach Customers Online With Google

September 20, 2021
| No Comments
| BLOG

Presented by The Small Business Development Center Reach Customers Online with Google (Live Webinar) If you own a small business and need to reach customers,

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Louisiana Commercial Realty | Commercial Real Estate Experts

Commercial Real Estate Prices For January 2021

January 12, 2021
| No Comments
| Price Trends

January 2021 commercial real estate prices for the New Orleans/Metairie MSA  increased dramatically for the retail and multi-family lease sectors and shopping center sale sector, but

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award winning chef andrea

Award Winning Chef Hires Louisiana Commercial Realty

September 15, 2020
| No Comments
| Price Trends

Chef Andrea Apuzzo He has prepared culinary dishes for Queen Elizabeth, Princess Ann, President Carter, Senator Ted Kennedy, Clint Eastwood, Omar Shariff, Sophia Loren, Senator

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CityBusiness Interviews Louisiana Commercial On Upscale Development

August 27, 2020
| No Comments
| Price Trends

Citybusiness magazine recently reached out to Louisiana Commercial Realty broker Robert Hand, to gain insight into a new type of upscale office development in the

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Prices of Commercial Real Estate

June 29, 2020
| No Comments
| Price Trends

The commercial real estate market in the New Orleans/Metairie MSA has held steady throughout Covid, with prices increasing 5% in the industrial sector, 30% in

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Unemployment Chart

Latest Out-Of-Work Data Shows 1/3 Of Cities Actually Employed More

May 6, 2020
| No Comments
| Demographics, Local Economy

The latest unemployment numbers show, compared to one year ago, 32% of 389 city metropolitan areas actually had lower unemployment rates, meaning a higher percent

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louisiana positive covid19 cases

Virus by Louisiana Numbers

March 28, 2020
| No Comments
| Price Trends

map of louisiana positive covid19 cases Louisiana Coronavirus Update 3,315 positive cases with 137 deaths due to COVID19. 3.2 million: Number of adults in Louisiana.

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power plant converted to apartments

2017 Jobs Act Causing Unanticipated Consequence of Reducing Affordable Housing

February 27, 2020
| No Comments
| Price Trends, Taxes

The Tax Cuts and Jobs Act of 2017 substantially reduced corporate taxes, from 35 percent to 21 percent. Some commentators and practitioners have voiced concerns

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2008 Collapse Still Haunts Nationwide Office Market

February 24, 2020
| No Comments
| Office, Price Trends

Researching construction activity across 382 metropolitan markets in the United States, data show new office-construction projects were double office renovations from 2003 to 2008, but

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2019 New Orleans Industrial Market-Where We Started The Year and Where We Stand Today

December 31, 2019
| No Comments
| Price Trends

Snapshot of Industrial Market Prices 12.31.2019 At year end, there are 284 industrial properties totaling 6.3 million square feet for sale and for lease, comprised

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cities with high unemployment

Finally, New Orleans Is At The Top Of The List. Unfortunately It’s The Jobless Rate List.

November 5, 2019
| No Comments
| Demographics, Price Trends

Chart: Yellow dots show cities with highest jobless rate for September 2019 Of the 51 metropolitan areas with a 2010 Census population of 1 million

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Louisiana Commercial Realty Interviewed by SIOR For Thoughts On Tariff Impact

October 26, 2019
| No Comments
| Price Trends

Tariffs are bad. Tariffs are passed along to consumers in the form of higher prices which takes money from consumers and gives it to the

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National Unemployment Rate Now 3.5%, But Half of All States Are Worse

October 24, 2019
| No Comments
| Price Trends

The Latest Unemployment Rate of 3.5% Is Only Enjoyed By Half of the States Not all states are enjoying the benefits of September's 3.5% national

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WWL Television Invites Louisiana Commercial Realty On Panel Discussing New Orleans East Progress

August 29, 2019
| No Comments
| Price Trends

WWL reporter Caresse Jackman just completed a stunning 4 part series called "The Forgotten East: a view into the past, present and future of the

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Commercial Real Estate Market Overview-New Orleans & Metairie MSA

August 27, 2019
| No Comments
| Price Trends

New Orleans & Metairie MSA Prices Per Sector Office Market Office Market Overview-New Orleans & Metairie Lease prices for office space in the New Orleans/Metairie

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tariff chart shows loss to consumers

Every Economics Textbook Teaches Tariffs Are Bad For A Free Market Economy

August 26, 2019
| No Comments
| Price Trends

Every college business student learns tariffs are bad for economies that believe in free markets and competition. Every economics textbook charts out how tariffs suck

Read More

New Orleans’ Warwick Hotel Sale Revives Mysterious History

August 3, 2019
| No Comments
| Price Trends

Last week it was reported that the vacant-since-Katrina 197 room Warwick Hotel at 1315 Gravier in New Orleans sold for $8 million, but like so

Read More

Louisiana Commercial Realty Releases Publication “What Businesses Will Thrive In New Orleans East”

May 22, 2019
| No Comments
| Price Trends

Can Opportunity Arise From Tragedy? Unless you go back to the 1970's, New Orleans East has never been an economic driver for the area. Even

Read More

CityBusiness Interviews Louisiana Commercial Realty On Hospital Ancillary Development

May 21, 2019
| No Comments
| Press

By: Andrew Valenti, Reporter May 17, 2019 Specialty clinics and medical office buildings dot the landscape along Houma Boulevard near East Jefferson General Hospital in

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The One Math Tool That Can Actually Help You Make Better Real Estate Decisions

February 19, 2019
| No Comments
| Price Trends

The best single tool that you can use over and over again in a variety of situations to help you make smarter real estate decisions is

Read More

Fraud, Greed and Development of New Orleans Commercial Real Estate

February 15, 2019
| No Comments
| Local Economy, Press, Retail

Entergy's abandoned Market Street power plant Since New Orleans is almost 300 years old, you'd expect some interesting stories behind its more prominent buildings, and the

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Inflation Lowest Level In Years Due To Energy Price Collapse

February 9, 2019
| No Comments
| Price Trends

Over the last 12 months ending December 2018, inflation, that secretive economic thief that steals your purchasing power, increased 2.2%, continuing to drive the wage

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map employment gains

Large Cities Capture Most Employment Gains

February 8, 2019
| No Comments
| Price Trends

Over the last 12 months, only the large cities with population exceeding 1,000,000 experienced healthy employment gains, according to the latest numbers released by the

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Employment January 2018 to January 2019

EMPLOYMENT NUMBERS ARE IN…THE ECONOMY IS SPEEDING AHEAD, FIRING ON 3 OF 8 CYLINDERS

February 5, 2019
| No Comments
| Price Trends

Employment January 2018 to January 2019 The US Bureau of Labor Statistics released the employment numbers as of January 2019, showing employment increased by 304,000

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industrial price vs SF

Market Price Report-January 2019 Prices of Industrial Property For Sale & Lease In New Orleans & Metairie

January 21, 2019
| No Comments
| Price Trends

by Robert Hand, CCIM, MBA, SIOR Industrial Prices For Lease January 2019Prices for industrial space for lease in the New Orleans/Metairie Metropolitan Statistical Area averaged $5.28

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935 Gravier

Louisiana Commercial Helps Law Firm Expand Office Space

January 20, 2019
| No Comments
| Office

Louisiana Commercial Realty announces the successful completion of lease negotiations of 9,000 square feet of New Orleans Class A office space to Davillier Law Group, a 10

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Baton Rouge vs. New Orleans commercial real estate prices

Which Commercial Real Estate Market Is Better: New Orleans or Baton Rouge?

January 18, 2019
| No Comments
| Price Trends

Is New Orleans the better real estate investment compared to Baton Rouge? The definitive answer is: It depends. For sellers, you want a higher price,

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My Website Was Hacked by Russians… But All They Wanted Was To Place Ads For Viagra

June 11, 2018
| No Comments
| BLOG, hacked website

Louisiana Commercial Realty is a top-rated commercial real estate company, instrumental in rebuilding New Orleans with some of the largest transactions ranging from office leasing

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Louisiana Commercial Realty

Commercial Real Estate Experts

Louisiana Commercial Realty provides a higher level of service to buyers and sellers of New Orleans commercial real estate.

About Us

Louisiana Commercial Realty, commercial broker Robert Hand, MBA, CCIM, SIOR is a nationally recognized expert in commercial real estate.

Phone: 504-289-8172

Robert@LouisianaCommercialRealty.com

Useful Links
  • Featured Properties
  • Past Transactions
Latest Posts
  • Tax Incentives Will Revitalize New Orleans East
    May 19, 2022
  • New Orleans Commercial Real Estate-The History of 426 Canal Street
    May 17, 2022
  • New Orleans Commercial Real Estate Developments Don’t Get Done Without Government Help
    May 15, 2022
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