Louisiana Commercial Realty

Louisiana Commercial Realty provides a higher level of service to buyers and sellers of New Orleans commercial real estate. #NOLA @MSCommRealty

[Louisiana Commercial Realty @LACommRealty]

Looking to develop land for retail? 2.2 acres for $600,000- https://t.co/SMMfSiA9xB https://t.co/7v0BLpzT8H #Commercialrealestate

[Louisiana Commercial Realty @LACommRealty]

Got New Orleans Office property? Values rely on Cap Rates; while both New Orleans and Louisiana Office Cap Rates average 7%, New Orleans Cap Rates have fluctuated between 5% and 8%. Read more about Cap Rates at: https://t.co/I6FtpIuz1F

[Louisiana Commercial Realty @LACommRealty]

Got New Orleans Industrial Property? Market values are based on Cap Rates and while the average is 9.1, Cap Rates fluctuated between 7 and 12 the last few years which creates a 40% drop in price. For more on Cap Rates, see our blog: https://t.co/I6FtpIuz1F

[Louisiana Commercial Realty @LACommRealty]

Got a Wordle streak? I created Wurdle. Here is the 1st puzzle: The clue is: "Fun to eat"
https://t.co/jswr1gDXEp

[Louisiana Commercial Realty @LACommRealty]

Got Commercial Real Estate in Louisiana? It takes an average of 7 1/2 months to sell any type of commercial property in Louisiana, but some sectors sell faster than others. Of the 9,000 commercial properties we examined, Hotels and Apartments average 6 months to sell, Industrial averages 7, followed by Retail and Office at 8 months. Land takes the longest to sell at 10 months. Having an aggressive Marketing Plan can shorten that time frame; here is how: https://t.co/GmQWLZr26X

[Louisiana Commercial Realty @LACommRealty]

Got commercial property in Louisiana? Louisiana Commercial Realty is preparing their annual Commercial Property Market Analysis, analyzing the 9,221 commercial properties listed for sale or lease. The land category has the most listings with 38% of the total, followed by Retail then Office. Industrial is only 12% of the total number and Hotels and Multifamily are 1% and 3%. $7 billion will buy all the commercial property for sale in Louisiana. Stay tuned with our blog: https://t.co/0ckocwobFk

[Louisiana Commercial Realty @LACommRealty]

Looking to buy, sell or lease commercial property? Find out what commercial databases get the job done.
https://t.co/LNvv2c9OR1

[Louisiana Commercial Realty @LACommRealty]

It was standing-room-only for another continuing education course on “How To Do More Commercial Business”, taught last week by Louisiana Commercial Realty broker Robert Hand to group of investors and residential agents at Realty One Immobilia in Metairie.
https://t.co/PCblTkyDkC

[Louisiana Commercial Realty @LACommRealty]

Want to know how to boost the economy or decrease interest rates?Just out today: Real GDP increased at an annual rate of 3.0 percent in Q2, reversing Q1’s 0.5 percent decrease. This is the 1st of 3 announcements and is the preliminary estimate which will be followed by the estimate and then the final estimate. This is not the actual GDP (5.0) but the number after subtracting inflation (1.9)

The increase in real Q2 GDP reflected a 35 percent decrease in imports due to tariffs, which are a subtraction in the calculation of GDP, and an increase in consumer spending.

GDP is calculated with this formula:
GDP = Consumer spending + Investment + Government spending + (Exports-Imports).

So to boost the economy, cut sales and income taxes to increase consumer spending, increase government spending and increase imports. Reverse for slowing the economy which leads to lower interest rates.

[Louisiana Commercial Realty @LACommRealty]

Need a written strategic plan for an 86,000 SF vacant shopping center? We got that. Mississippi Commercial Realty was hired to market and create a strategic plan and utilized ESRI research on residents' spending including spending by NAICS code.

https://t.co/737isD4sCP

[Louisiana Commercial Realty @LACommRealty]

Louisiana Commercial Realty announces the sale of their 12,000 warehouse listing near downtown New Orleans for $777,000, after marketing the property for 2 years and bringing in 5 offers. It was the highest price this year for a New Orleans warehouse.

https://t.co/vGIKaamDJq

[Louisiana Commercial Realty @LACommRealty]

New Orleans warehouses are in demand. Just sold Poydras Street 12,000 SF warehouse near downtown New Orleans for $1,000,000. Took 2 years and brought owner 5 offers, so lots of demand for New Orleans warehouse space.

[Louisiana Commercial Realty @LACommRealty]

Business opportunities booming in Louisiana and Mississippi! 📈Among the 369 largest counties in the US, 70% saw a rise in employment. 🌟 Lafayette Parish in Louisiana stands out with impressive employment growth, ranking 35th nationally. In Mississippi, Hinds County leads.

[Louisiana Commercial Realty @LACommRealty]

This week Louisiana Commercial Realty broker Robert Hand, presented his 'Commercial Real Estate Strategies' workshop to a sold out audience of real estate agents. The workshop is a deep dive into the major aspects of commercial real estate that buyers, sellers need to know.

[Louisiana Commercial Realty @LACommRealty]

Got a commercial property lease tied to inflation? CPI is now 2.3%. Bad for landlords. Good for tenants. The April change was the smallest 12-month increase in the all items index since February 2021. Learn more about the CPI here: https://t.co/TxWTOtUxvH

[Louisiana Commercial Realty @LACommRealty]

Looking to expand your business? Go where the job growth is. In Louisiana, the area with the fastest job growth the last 12 months is Slidell, Covington, Mandeville.

[Louisiana Commercial Realty @LACommRealty]

Small firms create 64% of jobs, on average, but latest numbers show a disaster-with small firm under 249 employees losing 202,000 jobs.

[Louisiana Commercial Realty @LACommRealty]

Got real estate? Values follow job growth. Where are the Louisiana jobs? Slidell/Covington is #1 in job growth among any major city in Louisiana the last 12 months. How much? 2,600 jobs or 2.6% gets you the highest growth rate.

[Louisiana Commercial Realty @LACommRealty]

Presented my commercial real estate short course to Mirambell Realty-a top 10 residential real estate agency in New Orleans, teaching residential agents who dabble in commercial transactions how to do more business in the commercial space.

https://t.co/OzguntgaY9

[Louisiana Commercial Realty @LACommRealty]

Attending CoStar’s “State of The New Orleans Real Estate Market” where the experts in commercial real estate forecast future trends in office, multifamily, industrial and hotel markets. Nobody wanted to predict who the next mayor would be though.