The Smart Way To Value Commercial Real Estate
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
Louisiana Commercial Realty
Commercial Real Estate Experts
Author: Robert Hand
3 Common Mistakes In Every Lease
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
Everything You Need To Know About A Flood Map* But Were Afraid To Ask
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
Commercial Real Estate Prices Ending 3rd Quarter 2020
The 3rd quarter New Orleans/Metairie MSA commercial real estate market witnessed skyrocketing sale prices in shopping centers, steep declines in multi-family and slight increases in industrial, office
Award Winning Chef Hires Louisiana Commercial Realty
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
CityBusiness Interviews Louisiana Commercial On Upscale Development
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
Prices of Commercial Real Estate
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
Latest Out-Of-Work Data Shows 1/3 Of Cities Actually Employed More
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
Virus by Louisiana Numbers
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.
5 Things To Do Now To Prevent The Virus From Affecting Your Lease
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.
Loan Discrimination Prevalent in New Orleans Housing
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
2017 Jobs Act Causing Unanticipated Consequence of Reducing Affordable Housing
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
2008 Collapse Still Haunts Nationwide Office Market
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
2019 New Orleans Industrial Market-Where We Started The Year and Where We Stand Today
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
Finally, New Orleans Is At The Top Of The List. Unfortunately It’s The Jobless Rate List.
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
Louisiana Commercial Realty Interviewed by SIOR For Thoughts On Tariff Impact
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
National Unemployment Rate Now 3.5%, But Half of All States Are Worse
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
WWL Television Invites Louisiana Commercial Realty On Panel Discussing New Orleans East Progress
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
The Wildebeest Must Die For The Lion To Live
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
Commercial Real Estate Market Overview-New Orleans & Metairie MSA
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
Every Economics Textbook Teaches Tariffs Are Bad For A Free Market Economy
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
New Orleans’ Warwick Hotel Sale Revives Mysterious History
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
Louisiana Commercial Realty Releases Publication “What Businesses Will Thrive In New Orleans East”
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
CityBusiness Interviews Louisiana Commercial Realty On Hospital Ancillary Development
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
New Orleans Commercial Real Estate Zoning For Dummies
In this article we examine the permitted uses in various zoning districts for New Orleans commercial real estate including Orleans and Jefferson Parishes. Zoning uses
The One Math Tool That Can Actually Help You Make Better Real Estate Decisions
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
Why Negotiating Is Like A Quick Tennis Match
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
Visualizing Risk In Making Decisions
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
Fraud, Greed and Development of New Orleans Commercial Real Estate
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
New Orleans Commercial Real Estate Developments Don’t Get Done Without Government Help
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
New Orleans Commercial Real Estate-The History of 426 Canal Street
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
Inflation Lowest Level In Years Due To Energy Price Collapse
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
Large Cities Capture Most Employment Gains
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
Tax Incentives Will Revitalize New Orleans East
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
EMPLOYMENT NUMBERS ARE IN…THE ECONOMY IS SPEEDING AHEAD, FIRING ON 3 OF 8 CYLINDERS
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
Market Price Report-January 2019 Prices of Industrial Property For Sale & Lease In New Orleans & Metairie
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
Louisiana Commercial Helps Law Firm Expand Office Space
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
Which Commercial Real Estate Market Is Better: New Orleans or Baton Rouge?
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,
My Website Was Hacked by Russians… But All They Wanted Was To Place Ads For Viagra
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
So You Want To Make $50,000 Putting A Billboard On Your Property…Not So Fast.
One Billboard Outside Ebbing, Missouri Putting a billboard on your commercial property might be the easiest $50,000 you ever made, but, first, don't let the
Office Market Price Report-For Sale & Lease In New Orleans | Metairie MSA
by Robert Hand, MBA, SIOR, CCIM Lease prices for office space in the New Orleans/Metairie Metropolitan Statistical Area averaged $17.68 per square foot as of
Market Price Report-Prices of Retail Property For Sale & Lease In New Orleans
by Robert Hand, MBA, CCIM, SIOR Louisiana Commercial Realty uses the latest technology to help clients uncover opportunities in commercial real estate, and we are
Louisiana Commercial Realty Publishes Another Article For Top Commercial Real Estate Organization SIOR
Louisiana Commercial Realty has authored more real estate articles than any broker in the state, published by the top commercial real estate and financial organizations, including CCIM, SIOR,
Louisiana Commercial Realty Advances Women’s Health Care In New Orleans East
Louisiana Commercial Realty recently helped Dr. Rashonda Dean, Tulane University graduate and OB-GYN, open a new office in New Orleans East to provide badly
Office Space For Lease Market Defies Law of Economics
by Robert Hand, MBA, CCIM, SIOR In business school we are taught when the supply of any good or service increases, it will cause prices to
Office Lease Rate Trend vs. Sale Prices In New Orleans and Metairie
Prices for sales of office property have increased almost 20 percent per year the last few years while the office lease rate trend has
WWL Interviews Louisiana Commercial Realty On Heavy Rains Impact On Commercial Real Estate
Recently the heavy rains caused high water in the streets of New Orleans which seemed to take forever to drain away, and since businesses were
Louisiana Commercial Realty Helps Another Engineering Company Find A Home
"Third time's the charm" is the saying, used usually after the first two failures, but Louisiana Commercial Realty has been successful three times in a row
Louisiana Commercial Realty Teams With Assistant District Attorney To Fight Crime
Recently Louisiana Commercial Realty teamed with Orleans Parish Assistant District attorney Michael Danon to get one more criminal off the streets of New Orleans. The
CCIM Publishing Interviews Louisiana Commercial Realty
CCIM, the Certified Commercial Investment Member Institute, recently interviewed Louisiana Commercial Realty for their publication on entrepreneurs in commercial estate. Founded over 50 years ago, the
Latest Posts
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The Smart Way To Value Commercial Real Estate
November 3, 2020 -
3 Common Mistakes In Every Lease
October 31, 2020 -
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