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Author: Robert Hand

Frequency of Rent Rates

Louisiana Commercial Hired To Restore Owner’s Retirement Income By Leasing Vacant Office

January 28, 2023
| No Comments
| BLOG

This is a story about property and people but also protecting the income of a retiring couple. In 2010, Louisiana Commercial Realty was asked by

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Grocery Tech

Louisiana Commercial Realty Promotes New Orleans at Largest Shopping Center Trade Show

January 20, 2023
| No Comments
| BLOG

ICSC Is Where Shopping Center Owners and Tenants MeetICSC is the premier organization for shopping center owners and real estate professionals, with over 70,000 members

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Covington 18 acres Sold By Louisiana Commercial Realty

Louisiana Commercial Realty Brokers Large Covington Development Site

November 17, 2022
| No Comments
| BLOG

It took over two years for Louisiana Commercial Realty to finally sell 18 acres of land in Covington, but there were some big obstacles to

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chart showing spending at restaurants

Louisiana Commercial Realty Helps Sukho Thai Restaurant Find A Permanent Home

November 11, 2022
| No Comments
| BLOG

After a two year search for the perfect location, the owner of Sukho Thai restaurant finally found a permanent home, with some help from commercial

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Mississippi Commercial Realty Brokers Picayune Shopping Center To Rouses

November 6, 2022
| No Comments
| BLOG

Mississippi Commercial Realty, a Hattiesburg based commercial real estate brokerage firm, announced the sale of the 60,000-square-foot River Ridge Shopping Center in Picayune, Mississippi, to

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percent loans denied by race in 2018

Loan Discrimination Prevalent in New Orleans Housing

October 14, 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 14, 2022
| 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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So, You Want To Open A Restaurant On Magazine Street In New Orleans – Not So Fast

October 13, 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 the location are traffic

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CPI CHART

Critical Inflation Theory

October 12, 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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CPI CHART

How The February 2022 CPI Affects Commercial Leases

October 11, 2022
| No Comments
| BLOG

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

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cap rate table

How To Value New Orleans Commercial Real Estate Using Cap Rate

October 10, 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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present value graphic

Looking at Present Value in Real Estate: The One Math Tool That Can Actually Help You Make Better Real Estate Decisions

October 9, 2022
| No Comments
| BLOG

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

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

October 8, 2022
| No Comments
| BLOG, Leases

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

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Louisiana Commercial Realty | Commercial Real Estate Experts

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

October 5, 2022
| No Comments
| BLOG

  Louisiana Commercial Realty Report: Can Opportunity Arise from Tragedy? Unless you go back to the 1970s, New Orleans East has never been an economic

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Louisiana Commercial Realty | Commercial Real Estate Experts

New Orleans’ Warwick Hotel Sale – Revives Mysterious History

October 5, 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

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Louisiana Commercial Realty | Commercial Real Estate Experts

Tariffs Are Bad For You

October 5, 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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CPI 1914 TO 2020

3 Common Mistakes In Every Lease

October 4, 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

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DOLLAR IN MASK

The Smart Way To Value Commercial Real Estate

October 3, 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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Everything You Need To Know About A Flood Map* But Were Afraid To Ask

October 1, 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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The Wildebeest Must Die For The Lion To Live

September 30, 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

September 30, 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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New Orleans Commercial Real Estate Zoning For Dummies

September 29, 2022
| No Comments
| Zoning

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

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volley negotiations are like tennis

Why Negotiating Is Like A Quick Tennis Match

September 28, 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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Visualizing Risk In Commercial Real Estate Decisions

September 27, 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, especially

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

September 26, 2022
| No Comments
| Local Economy, Multi-family, Press

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

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

September 25, 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

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$130 million New Orleans East Hospital

Tax Incentives Will Revitalize New Orleans East

September 24, 2022
| No Comments
| Taxes

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

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How The Recent Inflation Announcement Could Make Businesses Pay More Rent

September 23, 2022
| No Comments
| Inflation, Leases

If you rent space for your business, your lease probably has a clause that makes your rent increase as inflation increases, so be ready to

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How To Waste Money Advertising On Social Media

September 7, 2022
| No Comments
| BLOG

OK, Boomer. If you advertise your business name to 845,000 people, would you think one or two people might call you? Not especially, and this

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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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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

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Latest Posts
  • Louisiana Commercial Hired To Restore Owner’s Retirement Income By Leasing Vacant Office
    January 28, 2023
  • Louisiana Commercial Realty Promotes New Orleans at Largest Shopping Center Trade Show
    January 20, 2023
  • Louisiana Commercial Realty Brokers Large Covington Development Site
    November 17, 2022
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