The February 18, 2019 issue covers seventy-seven commercial permits issued in Baton Rouge the previous week and three Planning Commission cases. The requests included rezoning 0.56 acres from Single Family Residential (A1) to ISPUD for the four-home Highpointe Oak Subdivision, revised Rouzan lot plans (Phase 5, Revision 4) that reduce the number of proposed lots, and re-approval of Our Lady...
In today’s society, time can be called one of our most precious commodities. If you are planning on buying a commercial property, it is incredibly pivotal to use your time wisely. These 6 things are major wastes of time, also known as “time sucks” for investors looking to buy a commercial property. Let’s look at the things that should be...
The February 11, 2019 issue covers sixty-three commercial permits issued in Baton Rouge the previous week and three Planning Commission cases. Plans for office suites, retail and mixed use at Goodwood Plantation came forward as a 1.85-acre Infill / Mixed Use Small Planned Unit Development in the center of Adelia at Old Goodwood, and Villas at White Oak proposed a...
When it comes to purchasing an investment property there are many reasons why investors are attracted to commercial real estate. Commercial investment properties often offer promising returns with low risk. However, as a new investor, or one looking to move into commercial investing, you may be interested in learning about some of the best tips for diving in. Here's a few...
The February 4, 2019 issue covers fifty-eight commercial permits issued in Baton Rouge the previous week and two Planning Commission cases. Valencia Park, a proposed 122-unit multifamily affordable residential development with a preference for veterans, was back on the docket after deferrals from the December 10, 2018 and January 22, 2019 meetings, and Boh Bros. Construction requested rezoning of its...
As the current or future owner of an investment property, a high vacancy rate is the stuff of nightmares. Vacancy not only minimizes an investor’s return but also decreases the profitability of an investment property over time. Though currently, demand has surpassed supply in most of the commercial real estate realms, that doesn’t mean every property is safe from vacancy. So,...
The January 28, 2019 issue covers seventy-one commercial permits issued in Baton Rouge the previous week and eight Planning Commission cases. Three hangars and a new taxiway at BTR, the Hollywood Heights concept plan, a rezoning for 15,300 SF of new office space and the 192 multi-family units and 4,835 SF clubhouse on Harding were each approved 8-0, while of...
Selling your commercial property should be easy right? Demand is up, communities are thriving and people who have money are spending it. However, sometimes you may feel that your commercial property has been on the market for ages and not a dent has been made in hopes of a sale. So what are some reasons why your property might not...
The January 21, 2019 issue covers forty-four commercial permits issued in Baton Rouge the previous week and three Planning Commission cases. The cases included 192 multi-family units and a 4,835 SF clubhouse proposed on 11.18 acres on the west side of Plank Road just south of Harding Boulevard, a Woodlawn Baptist Church case, and a controversial request to rezone approximately...
Opportunity Zones have been a hot topic in the commercial real estate world lately. If you have yet to hear about them, let’s take a look at what they are. Added to the tax code under President Donald Trump in 2017, an opportunity zone is a community that has been distressed economically. Due to the economic climate of the area,...
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