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
Demand & Supply
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
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
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
Why Tariffs Take Money Out Of Your Pocket
At first glance, imposing tariffs or quotas appear to be the perfect solution to get American industries back on track to prosperity, but the reality
The Real Reason Nobody Wanted To Build A Hotel On The New $800 Million New Orleans Airport North Terminal
The city's criteria for building a hotel on the New Orleans airport north terminal property will shock you. The hotel is part of the $800 million new
Times Picayune | nola.com Interviews Louisiana Commercial Realty On Airport Hotel Development
The Times-Picayune first broke the story that no bidders stepped forward to lease 22,000 square feet of city land to build an 8-story, $17 million,
The Shocking Truth Why Blighted Houses Still Exist In New Orleans 11 Years After Katrina
The City Has A Process That Fosters Blighted Property It's not a conspiracy, but the result is the same: New Orleans still has thousands of
Don’t Be Fooled By Commercial Real Estate Prices
Pricing commercial real estate is vastly different from other assets, such as stocks and bonds where thousands of buyers and sellers state openly their best
Are Movies Really An Economic Driver For Louisiana?
Louisiana first encouraged the movie industry to come here in 2002, when the legislature passed the Motion Picture Tax Credit Program, but it didn’t catch on
Is 2 Years A Long Time To Lease Vacant Space?
You might think taking 2 years to lease vacant office space is an outlier, an anomaly, or that something's just wrong: like a building sitting on
How To Value Commercial Real Estate Using Cash Flow and Present Value
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
Today’s Prices For Every Type of Commercial Property In Louisiana and Mississippi
Determining accurate prices for commercial real estate can be elusive. It's not what economist call a highly competitive market such as buying a stock or
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
The Best Month To Sell Your Home For The Highest Price Is…
The common belief that homes prices rise during the summer months because everyone wants to be settled in before school starts is true. The facts show
Supply of Office Space For Sale Plummets
Over the last 4 years, available office space for sale in the New Orleans area has plummeted to one third of its previous supply, due to
Three Big Mistakes In Pricing Commercial Real Estate
Valuing New Orleans commercial real estate accurately can be difficult at times, but using basic financial principles can help you calculate the market price with a higher level of
Louisiana Commercial Realty Hired To Market GTE Financial Tract
Louisiana Commercial Realty announced today they were hired to market the 69,000 square foot tract of land at 5550 Crowder Boulevard for GTE Financial. Robert
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
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,
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
Pricing Multi-Family commercial real estate in Louisiana is often difficult because the sector includes a wide range of types, from 100 year old plantation housing called
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 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
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
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
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
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
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
Is Unemployment Really 7.8%? Only Because Labor Participation Rate Is Lowest In 12 Years.
Is Jack Welch right in his claim the 7.8% #unemployment numbers released on October 5 by the Bureau of Labor Statistics are suspect? The numbers
What Is Commercial Real Estate In New Orleans Really Worth?
The total supply of commercial real estate for sale in New Orleans is approximately $726,000,000 with vacant land being the largest sector valued at almost $242
Avoiding Three Big Mistakes In Valuing New Orleans Commercial Real Estate
Commercial real estate in New Orleans is often valued incorrectly which can be a disaster, but it also creates opportunity: big money is made when
Office Sector In Commercial Real Estate Exploded In 2013
Three trends emerged in the commercial real estate office market in the New Orleans area in 2013. Trend #1-Orleans Parish office space leased and
Just Out Today-How Is The U.S. Economy Doing?
One of the most important indicators of how the U.S. economy is doing is personal income because it shows the potential spending power of the
Times-Picayune Interviews Louisiana Commercial Realty On Tulane Avenue Growth
Tulane Avenue is transitioning from a mixture of businesses operating out of shotgun houses, outdated hotels, bars, auto repair shops and bail bondsmen to a neighborhood of new
Does US Employment Rate Affect The New Orleans’ Economy
The numbers are out, but the numbers behind the published numbers will startle you. Yesterday the Bureau of Labor Statistics released the latest numbers on
Trends In New Orleans Commercial Real Estate
New Orleans' Industrial real estate supply is up, lease prices are up but sale prices are down. In the industrial sector so far in the
Tulane Land Sale Brings Highest Price In History of New Orleans Commercial Real Estate
The highest price in New Orleans commercial real estate history was paid last week for vacant land on Tulane Avenue, evidencing growth that has surprised
10 Times More Wealth In Real Estate Than Stocks
The household median value of rental real estate is $170,000 but the value in stocks is only $18,300, according to the US Census Bureau, which explains
Just Out Today-Where Are Americans Spending Their Money?
Spending on tourism grew faster than the economy in the first quarter 2012 with an annual growth rate of 3.4%, compared to #GDP growth at 1.9%.
New Orleans’ Commercial Real Estate: What’s Changed The Last 3 Months?
Over the last three months, New Orleans' commercial real estate has experienced an 8% increase in the supply of industrial square footage for sale, an
Is Obama Right: The Private Sector Really Is OK?
Somebody must have leaked to Obama today's release of manufacturing profits showing a 9.45% increase in after-tax profits, from 134 billion in the 4th quarter of
Just Out Today-Louisiana Economy Grew By One Half Of One Percent in 2011
The Bureau of Economic Analysis released GDP growth by state today, showing Louisiana ranking in the bottom 40% and Mississippi in the bottom 20%, among
Just Out Today-Economy Slowing Even More Than First Thought
Just out today is the actual number for GDP growth for the 1st quarter of 2012, showing a slowing of growth to an annual rate
Just Out Today-Economy Driven By Consumer Income
If you want to know how healthy the economy is, just watch the consumer. The US economy is one-third manufacturing driven and two-thirds consumer driven,
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February 5, 2023
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