Louisiana Commercial Realty

| 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

New Orleans’ Warwick Hotel Sale – Revives Mysterious History

October 5, 2022

| 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

The Wildebeest Must Die For The Lion To Live

September 30, 2022

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

New Orleans Commercial Real Estate Zoning For Dummies

September 29, 2022

| 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

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

September 26, 2022

| 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

Fraud, Greed and Development of New Orleans Commercial Real Estate

February 15, 2019

| 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

The Hidden Penalty On All Who Love New Orleans

August 4, 2016

| 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

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

May 30, 2015

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

How Developers Protect Our Wetlands While Putting Sites Back Into Commerce

February 26, 2015

| 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

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

December 5, 2014

| 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,

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

October 21, 2014

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

October 10, 2014

| Contracts, Demand & Supply, Office

[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

Using Technology To Make Better Commercial Real Estate Decisions

August 5, 2014

| 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

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

August 2, 2014

| 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

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

July 30, 2014

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

Using the Latest Technology to Find Great Locations For Your Business

July 17, 2014

| Demographics

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

How To Acquire Commercial Real Estate By Purchasing The Mortgage Note

June 26, 2014

| 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

How To Use Statistics To Value Commercial Real Estate

May 21, 2014

| Industrial, Price Trends

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

May 20, 2014

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

May 19, 2014

| 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

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

May 15, 2014

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

New Orleans Commercial Real Estate | How To Value Land

April 7, 2014

| 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

Feasibility of Retail Developments in New Orleans East

April 6, 2014

| 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

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

April 5, 2014

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

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

April 4, 2014

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

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

April 3, 2014

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

When Can The Fire Marshal Shut Down Your Business?

April 2, 2014

| 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

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

April 1, 2014

| 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

Flood Zoning For Dummies

February 18, 2014

| 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

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

February 15, 2014

| 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

What Is Commercial Real Estate In New Orleans Really Worth?

February 13, 2014

| 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

Avoiding Three Big Mistakes In Valuing New Orleans Commercial Real Estate

February 12, 2014

| 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

14 Business Incentives For New Orleans Commercial Real Estate Developments

February 11, 2014

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

Kenner Industrial Zoning Comparison

February 4, 2014

| 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,

Commercial Real Estate Trends-Orleans Parish

December 22, 2013

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

How Is The New Orleans Economy Doing?

September 17, 2013

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

Times-Picayune Interviews Louisiana Commercial Realty On Tulane Avenue Growth

August 14, 2013

| 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

Tulane Avenue Hospital Draws New Apartment Development

July 31, 2013

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

Big Money Transactions In New Orleans Commercial Real Estate

May 3, 2013

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

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

April 5, 2013

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

New Orleans Commercial Real Estate Expert Discusses Tourist-Based Markets

March 29, 2013

| Press

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

March 29, 2013

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

Millionaire Matchmaker For New Orleans Commercial Real Estate

March 28, 2013

The millionaire matchmaker hit New Orleans commercial real estate recently with these big money transactions for banks, shopping centers and hotels. Examining commercial real estate

3rd Estimate Says Economy Grew 4/10 Percent In 4th Q 2012

March 28, 2013

The third estimate for how fast the economy grew last quarter is out, and the answer is 4/10 of one percent. Real gross domestic product

Big Money New Orleans Commercial Real Estate Transactions 2013

March 27, 2013

Commercial real estate is known for high value transactions, and New Orleans has its share of movers and shakers looking to put commercial property to its

New Orleans Commercial Real Estate Trends-Q1 2013

March 27, 2013

Commercial real estate activity in New Orleans cooled down in the first quarter of 2013, after a heated 4th quarter in 2012 when buyers hurried

Louisiana Posts Healthy Revenues For 4Q 2012

March 26, 2013

| Taxes

If revenues are any sign of economic health, the economy is in the best shape in years. For the 12 months ending 2012, revenues from

CityBusiness Interviews Louisiana Commercial Realty on New Orleans Commercial Real Estate Trends

November 21, 2012

| Press

New Orleans' CityBusiness magazine interviews Robert Hand, President, Louisiana Commercial Realty, on New Orleans' commercial real estate. New trends show there is some speculation in buying of

Trends In New Orleans Commercial Real Estate

November 12, 2012