Commercial

The answer to this question is deceptively simple: It’s all negotiable. But the reason behind this answer dates back to 1890 when Congress passed the Sherman Act as a way “to protect the process of competition for the benefit of consumers” (source). Essentially, the Sherman Act along with the Federal Trade Commission Act and the Clayton Act ensure healthy competition in...

This is kind of a trick question. Unlike residential real estate where leases are typically for 1 year, lease terms for commercial real estate vary widely. Many times, the lease term will depend on the building type, whether it’s a one story garden type office or a multi-story/multi-tenant building that you’d see downtown and other areas of Baton Rouge. Lease terms...

Generally, office space is tailored to each specific businesses' needs whether it be small things like paint colors or big things like locations of walls and offices. When you’re moving into a new office space, it’s likely that the decisions that the previous business made for the space will not meet your needs for the space. Because of this, you...

Zillow has taken the residential real estate market by storm and become the go-to for anyone looking to buy a home. So, if you’re in the market for commercial real estate, the next logical question is whether or not there is a Zillow for commercial real estate. While there are a few sites that compile commercial real estate information, none...

For people looking to purchase residential real estate, there is a wealth of websites to choose from. Sites like Zillow, Homes.com, and even individual brokerage sites include search tools and a wide variety of listings for you to browse from the comfort of your home. Things get a little more difficult if you’re trying to find a commercial property online. There...

The industrial real estate market has been on quite a roll for the past few years and the outlook remains strong. According to the World Economic Forum, the industrial and manufacturing industries are on an upswing that has not been seen for more than 100 years — a “fourth revolution”, so to speak.  With new and exciting innovations in science, commerce,...

Have you been considering purchasing a multifamily property? Maybe you are a first-time buyer or looking to expand your portfolio to a new sector. Do you wish there was an easy guide on how to find the right property for your specific needs?  Something like a “Multifamily Properties for Dummies” that could simplify your buying process? Well, look no further.  Here's...

Finding the right retail space to showcase your business and properly reflect your brand’s likeness can be a daunting task. Whether you are just starting out with your first brick-and-mortar location or growing to new sites, there are a few important things to remember. Regardless, if you plan to buy or lease a retail property, we have compiled a list...

Big data is not necessarily a new concept. However, it has been a big topic of conversation when it comes to commercial real estate lately. “Although Big Data is not new, its exponential growth within CRE is. Today’s challenge involves getting a handle on a workable platform, taking the right steps in assembling a CRE data repository, isolating meaningful data...