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
Tag: new orleans commercial property
How Is The U.S. Economy Doing?
Just out today: the economy is still growing, although at a slower pace. The Gross Domestic Product for the 2nd quarter of 2012 increased at
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: Leading Economic Indicators Decline
Today, one of the best measurements of the strength of the economy-the Leading Economic Index-showed a decline in April of 0.1 percent, in contrast to
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,
Just Out- Economic Growth Slows Causing These 6 Changes To Commercial Real Estate
This economy is like your car on the highway when you approach a school zone: you are still moving forward but with less momentum. Just out is
Dr. Tichenor: A Part Of New Orleans Commercial Real Estate History
Dr. Tichenor died at age 85 but his company is alive and well, delivering toothpaste, mouthwash and catchy slogans such as: Reduce harmful emissions. Gargle. Wence,
Reggie Bush Finally Leaves Town
The last remaining vestige of Heisman Trophy winner Reggie Bush, his penthouse condo at One River Place, was sold for $1.975 million on February 8, 2012,
Benson Buys Land Opposite Superdome For $3.5 Million
17 years is a long time to reap a 259% return, but that's how New Orleans commercial real estate works. Back in 1995 when the Resolution
Largest New Orleans Commercial Real Estate Transactions So Far in 2012
There are only 3 New Orleans commercial properties priced over $2 million sold so far in 2012, with the highest sale exceeding $18 million for the old Amoco office building.
Vitter Confronts Wetlands Problem Preventing New Orleans Commercial Real Estate Development
On Friday, US Senator David Vitter sided with developers who face astronomical costs in developing in areas regulated by the US Army Corps of Engineers
More Good Economic News-Personal Income Up For Feb 2012
Just out today is the news that personal income for last month increased 0.2%, meaning that the consumer is doing well which can spur consumer
Just Out-GDP News Shows Economy Growing
Real gross domestic product (GDP) -- the output of goods and services produced by labor and property located in the United States -- increased at an
Personal Income Growth Drives Commercial Real Estate Demand
The Bureau of Economic Analysis reported today that Louisiana had growth in personal income of 4.83%, comparing 2011 to 2010, which ranks 34th among all
New Orleans Commercial Real Estate: Retail Lease Rate Is Discounted 13%
In New Orleans commercial real estate, the average listed lease rate is $13.98/sf but actual lease rate was $12.18/sf. That's a discount of 13% from
Average Time To Sell Or Lease Industrial Property Is 368 Days
Most industrial property owners are shocked to discover the average time it takes to find a buyer or tenant in New Orleans is 368 days, and
New Orleans Commercial Real Estate: Neighborhoods With Exploding Population Growth
After Hurricane Katrina in 2005, the population quickly fell 30% but since has grown steadily. Some neighborhoods returned quickly, and others are just now building
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