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Tag: commercial real estate

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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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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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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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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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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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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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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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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 Hired To Market High Tech Class A Office Full Floor Space In CBD

May 25, 2017
| No Comments
| Leases, Office

[caption id="attachment_4148" align="alignleft" width="796"] Start-ups 68% higher in New Orleans than national average[/caption]   For decades prior to 2005's Hurricane Katrina, new businesses fled New

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The Hidden Penalty On All Who Love New Orleans

August 4, 2016
| No Comments
| Demographics

New Orleans once was one of the largest cities in America- for over 140 years. Today it is an exciting place to live with an

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Is 2 Years A Long Time To Lease Vacant Space?

June 12, 2015
| No Comments
| Demand & Supply, Office, Price Trends

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

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How To Value Commercial Real Estate Using Cash Flow and Present Value

May 30, 2015
| No Comments
| Demand & Supply

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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Three Big Mistakes In Pricing Commercial Real Estate

March 20, 2015
| No Comments
| Demand & Supply, Price Trends

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

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How Developers Protect Our Wetlands While Putting Sites Back Into Commerce

February 26, 2015
| No Comments
| Environmental Issues

Every year, on average, the Corps of Engineers allows 20,000 acres of wetlands to be impacted by developments but at the same time they require

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It Takes Over One Year To Sell or Lease Commercial Property In New Orleans

December 5, 2014
| No Comments
| Demand & Supply, Price Trends

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,

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The Drivers of the New Orleans’ Economy Will Shock You

November 14, 2014
| No Comments
| Demand & Supply, Demographics

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

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Louisiana Commercial Realty Finalizes Sale of Kenner Retail Center To Be Repurposed As Law Office

November 3, 2014
| No Comments
| Demand & Supply, Demographics, Office, Retail

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

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5 Things You Need To Know About Pricing Multi-Family Commercial Real Estate

October 21, 2014
| No Comments
| Demand & Supply

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

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What Does Metairie Office Space Lease For?

September 22, 2014
| No Comments
| Office, Price Trends

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

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Using Technology To Make Better Commercial Real Estate Decisions

August 5, 2014
| No Comments
| Demand & Supply, Demographics

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

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9 Things You Need To Know Before Signing Any Commercial Property Agreement

August 2, 2014
| No Comments
| Contracts

  “A sum given by the buyer to the seller in connection with a contract to sell is regarded to be a deposit on account

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New Orleans Commercial Real Estate: Holds 10% Of World’s Metal Supply

July 30, 2014
| No Comments
| Demand & 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

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How To Acquire Commercial Real Estate By Purchasing The Mortgage Note

June 26, 2014
| No Comments
| Press

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

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Economic Drivers of New Orleans Commercial Real Estate-The Petrochemical Industry

May 20, 2014
| No Comments
| Local Economy

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

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CityBusiness Named Robert Hand Top 50 Financial Executive

May 19, 2014
| No Comments
| Press

  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

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Today’s Prices For Every Type Of Commercial Real Estate In Louisiana

May 15, 2014
| No Comments
| Price Trends

  In this article we examine current market prices for every type commercial real estate in Louisiana. Louisiana Largest Sector On The Market For An

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New Orleans Commercial Real Estate | How To Value Land

April 7, 2014
| No Comments
| Demand & Supply, Price Trends

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

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Feasibility of Retail Developments in New Orleans East

April 6, 2014
| No Comments
| Demand & Supply, Demographics, Local Economy, Price Trends, Zoning

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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New Orleans Commercial Real Estate-What Are Current Office Trends?

April 5, 2014
| No Comments
| Price Trends

New Orleans Commercial Real Estate is a diversified market with seven different sectors, each sector is different in size. The table below shows the major sectors of

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New Orleans Commercial Real Estate | Overview of the Metairie Office Warehouse Market

April 4, 2014
| No Comments
| Price Trends

Research shows the available space in the Metairie office/warehouse market is the smallest of the six major areas of industrial space in the New Orleans

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Every Company Needs An Business Continuity Plan But Also A Plan In Case Your Phone Is Stolen

April 3, 2014
| No Comments
| Price Trends

In the wake of Hurricane Katrina, many New Orleans companies discovered too late that a Business Continuity Plan ensures operations can continue in the event

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When Can The Fire Marshal Shut Down Your Business?

April 2, 2014
| No Comments
| Environmental Issues

If you operate a bar or music venue, you already realize the fire marshal can close down your business for a variety of reasons. For

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Zoning For Dummies: April Fool! Identical Zoning Codes Vary By Parish

April 1, 2014
| No Comments
| Zoning

The C-1, Commercial, Zoning Designation Means Different Permitted Uses In Orleans and Jefferson Parish You would think if a property in Orleans Parish has the

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Flood Zoning For Dummies

February 18, 2014
| No Comments
| Zoning

Definitions of FEMA Flood Zone Designations Flood zones are geographic areas that the FEMA has defined according to varying levels of flood risk. These zones are

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Is Unemployment Really 7.8%? Only Because Labor Participation Rate Is Lowest In 12 Years.

February 15, 2014
| No Comments
| Demand & Supply, Demographics

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

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What Is Commercial Real Estate In New Orleans Really Worth?

February 13, 2014
| No Comments
| Demand & Supply, Local Economy, Price Trends

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

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Avoiding Three Big Mistakes In Valuing New Orleans Commercial Real Estate

February 12, 2014
| No Comments
| Demand & Supply, Price Trends

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

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14 Business Incentives For New Orleans Commercial Real Estate Developments

February 11, 2014
| No Comments
| Price Trends

Louisiana will be exploding with growth over the next 5 years, considering the incentives offered for businesses. For example, there is a 25% tax credit

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Kenner Industrial Zoning Comparison

February 4, 2014
| No Comments
| Industrial

Kenner is like most zoning authorities in that they want to spell out in zoning ordinances exactly what is allowed, such as areas for blacksmithing,

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Commercial Real Estate Trends-Orleans Parish

December 22, 2013
| No Comments
| Price Trends

Orleans Parish Commercial Real Estate The commercial real estate market in Orleans Parish is currently 3.1 million square feet for lease and 3.7 million square feet

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Office Sector In Commercial Real Estate Exploded In 2013

December 14, 2013
| No Comments
| Demand & Supply, Price Trends

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

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How Is The New Orleans Economy Doing?

September 17, 2013
| No Comments
| Local Economy

Just out today is the Bureau of Economic Analysis report on GDP by MSA, showing last year the New Orleans-Metairie economy grew almost twice the

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Times-Picayune Interviews Louisiana Commercial Realty On Tulane Avenue Growth

August 14, 2013
| No Comments
| Demand & Supply, Press

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

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Tulane Avenue Hospital Draws New Apartment Development

July 31, 2013
| No Comments
| Price Trends

The latest apartment to be developed near the new Tulane Avenue hospital is announced. Despite the fact that everyone knows about the billion dollar VA/LSU hospital complex, which is

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Big Money Transactions In New Orleans Commercial Real Estate

May 3, 2013
| No Comments
| Price Trends

The past few months have witnessed several large commercial real estate transactions in New Orleans, including hotels, retailers and warehouses, emphasizing that New Orleans is

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How Much Commercial Real Estate Do Americans Own?

April 21, 2013
| No Comments
| Demographics

Of those that own commercial real estate, there are more assets in rental property than in IRA's, 401(k)'s and the median net worth of Americans.

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New Orleans Commercial Real Estate: Scandinavia Sells For $6,975,000

April 5, 2013
| No Comments
| Price Trends

Drugs are a big money business. Especially legal drug stores like Walgreens. Who else could justify paying $94 per square foot for land and a beautiful

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New Orleans Commercial Real Estate Expert Discusses Tourist-Based Markets

March 29, 2013
| No Comments
| Press

 

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New Orleans Commercial Real Estate-What’s Driving The Economy

March 29, 2013
| No Comments
| Local Economy

New Orleans commercial real estate depends on a thriving national economy. We just experienced, in 2008, the worst recession in history, and New Orleans managed

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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 Realty Promotes New Orleans at Largest Shopping Center Trade Show
    January 20, 2023
  • Louisiana Commercial Realty Brokers Large Covington Development Site
    November 17, 2022
  • Louisiana Commercial Realty Helps Sukho Thai Restaurant Find A Permanent Home
    November 11, 2022
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