Which Industry Drives Louisiana’s Economy: Oil or Tourism?
If you want to see Louisiana grow, which jobs would you prefer to bring in: oil or tourism? One of these two top industries delivers twice as
Author: Robert Hand
The Latest Technology Can Help Select the Perfect Location for Your Business, Reduce Expenses and Drive Sales
Snowden was right. Big data is collecting information on you, but you will be astounded at how the latest technology can help commercial real estate buyers
Office Market Prices In Louisiana’s Major Cities
Even though Louisiana has a diverse culture and varying economic drivers among its major cities, the range of prices of office space will surprise you. For
Jethro Bodine Ciphers New Orleans Class A Office Rates
[caption id="attachment_3266" align="alignleft" width="154" class=" "] jethro bodine ciphering[/caption] Whenever Beverly Hillbillies star Jethro Bodine needed to do math, he would commence to ciphering by
Almost Half Of The Available Class A Office Space In New Orleans Is Full Floor Space
The Class A office market in New Orleans is 90% leased but the 10% that is vacant is almost half comprised of full floors, and
It Takes Over One Year To Sell or Lease Commercial Property In New Orleans
The biggest surprise to most sellers of commercial property is that the average time to find a buyer is well over one year. For example,
13,439 Louisiana Real Estate Agents-Who, What & Where They Are
There are 13,439 active Louisiana real estate agents, but the city with the most and the company with the most will surprise you. The location of
The Drivers of the New Orleans’ Economy Will Shock You
The recent census found 1.2 million people live in the New Orleans Metropolitan Area, down only 7% from the 1.3 million in 2000, but the
Louisiana Commercial Realty Finalizes Sale of Kenner Retail Center To Be Repurposed As Law Office
Adaptive Re-Use of Strip Retail Center Into Office Space Due To Kenner's Changing Demographics [caption id="attachment_3126" align="alignleft" width="640"] 4224 Williams[/caption] Things are changing in
5 Things You Need To Know About Pricing Multi-Family Commercial Real Estate
[caption id="attachment_3085" align="alignleft" width="598"] market size table Louisiana[/caption] Pricing Multi-Family commercial real estate in Louisiana is often difficult because the sector includes a wide range of
Lower Unemployment Rate Not An Accurate Indicator
Nationwide, the jobs picture wouldn’t look as good if it weren’t for the energy industry. Take out the 1.1 million jobs created in Texas, the
Louisiana Commercial Realty Completes Negotiation on New Orleans’ Largest Class A Office Conversion To Hyatt Hotel
[caption id="attachment_3045" align="alignleft" width="313"] 1250 poydras front[/caption] The largest contiguous Class A office tower space available in New Orleans' Central Business District is being converted
What Does Metairie Office Space Lease For?
Your commercial property is not worth the appraisal it was written on. That's because an appraisal looks at past prices and your property is worth
Do You Know The 14 Incentives Leading New Businesses To New Orleans
New Orleans is growing due to superior incentives offered to businesses to relocate here. For example, there is a 25% tax credit for digital media expenditures.
What You Don’t Know About the $2 Billion Tulane Avenue Hospitals
The largest new hospital development in the United States is the New Orleans 70 acre $2 billion combination of a new Veterans Administration hospital and,
Using Technology To Make Better Commercial Real Estate Decisions
Technology has taken a giant leap forward the last few years by expanding the traditional tool of demographic research into an analysis of lifestyles and
9 Things You Need To Know Before Signing Any Commercial Property Agreement
“A sum given by the buyer to the seller in connection with a contract to sell is regarded to be a deposit on account of
Where Are The Industrial Zoning Areas In New Orleans Commercial Real Estate?
If you are looking for industrial zoned property in Orleans Parish, there are only five areas from which to choose. That's because every one of
New Orleans Commercial Real Estate: Holds 10% Of World’s Metal Supply
New Orleans Among Few Cities Approved For Warehousing Metals New Orleans is one of only 37 cities in the world approved by the London Metals
There Will Be No Medical Office Buildings Constructed On Tulane Avenue
Even though there is much anticipation of spin-off commercial real estate development surrounding the new Veterans Administration and LSU hospitals on Tulane Avenue in New
Office Market Trend In New Orleans
The supply of office properties for lease in Orleans Parish has grown over 8.85% annually the last three years, with 1.9 million square feet in
Times Picayune Interviews Louisiana Commercial Realty On Value Of Large Land Tract In New Orleans
Abutting the Lincoln Manor subdivision, near a shopping mall that Kenner officials hope will thrive, sits a 25-acre tract of commercial property that once was coveted by
Louisiana Real Estate Agent and Appraiser Industry-What The Numbers Tell Us
Until this report, there has not been an analysis of the real estate agents and the appraisers in Louisiana. This report provides a snapshot of
Using the Latest Technology to Find Great Locations For Your Business
This presentation discusses using the latest technology to help you select a great location for a business. You won’t believe the things businesses know about
Building Class Definitions For New Orleans Commercial Real Estate
New Orleans is almost 300 years old, so classifying and describing commercial real estate can be tricky. That's because New Orleans has 100 year old buildings
Analysis of the Class A and B Office Market in New Orleans and Metairie
While the average occupancy of Class A office space in Metairie is 94% and in New Orleans CBD is 88%, why are tenants leaving Metairie to
How To Acquire Commercial Real Estate By Purchasing The Mortgage Note
Purchasing a Mortgage Note Is a Smart Strategy With Overpriced Real Estate Adjudicated properties are coming to market over the next few weeks, so now is
Determining Feasibility of Commercial Real Estate Development
With 30 year Treasury Bonds yielding 3.79 percent, many investors as well as institutions are considering investing in commercial real estate. How do you know
What Is Killing The Appraisal Industry In Louisiana?
Most Louisiana appraisers licensed in 2013 actually live in Texas. The appraisal industry in Louisiana is undergoing a significant decline in the number of general
Commercial Real Estate Tax Credits For Dummies
The purpose of commercial real estate tax credits is to encourage the preservation of historic buildings through incentives to support rehabilitation of historic and older
Best City In Louisiana For Jobs: Houma
Every day the United States government collects data and nobody likes personal information collected, but there is other information collected that we need which is very helpful,
New Orleans Employment Falls Over Last 20 Years While Houma Grows 61 Percent
While the number of people out of work in Louisiana is one of the lowest in the U.S., the biggest city in Louisiana suffers from a decline
Analysis of What Businesses Are Needed In the East
This 25 page report analyzes in detail what businesses are needed in New Orleans East. We examine consumer spending to determine Retail Gaps and calculate
How To Use Statistics To Value Commercial Real Estate
Commercial real estate valuation differs from stock and bond valuations because ral estate often has fewer buyers, only one seller, little comparable properties and location biases,
Economic Drivers of New Orleans Commercial Real Estate-The Petrochemical Industry
The new economic drivers of the New Orleans economy are not what you think. New Orleans transitioned from an oil based economy to a tourism
CityBusiness Named Robert Hand Top 50 Financial Executive
CityBusiness Named Robert Hand one of the Top 50 Financial Executives in New Orleans for 2012. "It's possible to spur redevelopment along a dilapidated corridor
The Fastest Growing Cities In Louisiana-Not Who You Think
Fastest Job Growth In Louisiana Even through the state of Louisiana reports one of the lowest unemployment rates in the nation dropping to 4.5 percent, not all
Louisiana 4.5 Percent Unemployment Among Lowest In U.S.
The preliminary figures from The Bureau of Labor Statistics show Louisiana has a low unemployment rate of 4.5 percent, compared to the US rate of
Major Industries in the 10 Parish New Orleans Market
The major industries in the 10 parish area are hotel, health care and retail, but manufacturing is still number four on the list. The table
Are Commercial Real Estate Cap Rates Tied To Treasury Rates?
The most important financial change of anyone alive today has been the reverse of the 1970's decade of inflation and subsequent declining interest rates since
Today’s Prices For Every Type Of Commercial Real Estate In Louisiana
In this article we examine current market prices for every type commercial real estate in Louisiana. Louisiana Largest Sector On The Market For An Astounding
Louisiana Commercial Realty Sets High Price For Industrial Land
Louisiana Commercial Realty announced today that the company had brokered 22,000 square feet at 210 Industrial Avenue for one of the highest prices recorded in Jefferson Parish for industrial land.
Louisiana Commercial Realty Helps Sukho Thai Expand In New Orleans
Louisiana Commercial Realty announced today the completion of negotiations and the purchase of 2200 Royal Street for the newest location of a Sukho Thai restaurant in
Louisiana Commercial Realty Hired To Market Largest Class A Office Space For Lease In New Orleans CBD
[caption id="attachment_2537" align="alignleft" width="199"] Robert Hand, president of Louisiana Commercial Realty[/caption] The largest contiguous Class A office tower space for lease in New Orleans' CBD
NEGOTIATE COMMERCIAL REAL ESTATE CONTRACTS WITH STRENGTH
NEGOTIATE COMMERCIAL REAL ESTATE CONTRACTS WITH STRENGTH For investors and/or commercial brokers, negotiating a commercial real estate contract can be rather daunting. If done incorrectly,
New Orleans Commercial Real Estate | POSTPONING TAXES WITH 1031 EXCHANGES
POSTPONING TAXES WITH 1031 EXCHANGES The 1031 exchange, also termed the Starker exchange or tax-deferred exchange, allows you to sell investment property and to defer
New Orleans Commercial Real Estate | SALE CONTRACT PITFALLS
SALE CONTRACT PITFALLS There will always be risks involved when purchasing a piece of investment property. However, the goal is to minimize these risks as
New Orleans Commercial Real Estate | Triple Net Lease For Dummies
TRIPLE NET LEASE BASICS A triple net lease, also known as a true net lease, is when the tenant or lessee agrees to pay
New Orleans Commercial Real Estate | How To Value Land
Even though large tracts of vacant land are scarce in New Orleans, it can be difficult to accurately value raw land. This article explains how sophisticated
Feasibility of Retail Developments in New Orleans East
New Orleans East is an area with seven times the national population growth rate and an estimated 100,000 people with median household income of $43,000
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About Us
Louisiana Commercial Realty, LLC President Robert Hand, MBA, CCIM, SIOR is highly qualified as an expert in commercial real estate. Best Canadian pharmacy online in Louisiana Licensed in Louisiana & Mississippi.
Phone: 504-289-8172
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Commercial Real Estate Prices For January 2021
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The Smart Way To Value Commercial Real Estate
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3 Common Mistakes In Every Lease
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