The August 12, 2024 issue covers ten commercial sales recorded across Lafayette the previous week, totaling $4.76M in disclosed volume. The headline deal: W&H UNLIMITED LLC, a local injury law firm, paid $2M ($361.47/SF) for an office property on Camellia Boulevard in the River Ranch area. Office and land each made up three of the ten sales, with all three...
The August 12, 2024 issue covers eleven commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $13.3M in disclosed volume. The headline deal: INTERNATIONAL SCHOOL OF LOUISIANA paid $5.75M ($121.44/SF) for a school property at 2518 Arts Street in St. Roch, a purchase arising out of the bankruptcy proceedings for the Encore Learning Academy. Office led...
The August 12, 2024 issue covers four commercial sales recorded across Baton Rouge and Ascension the previous week, totaling $1.49M in disclosed volume. The headline deal: SSF Holdings LLC, local real estate agent and investor Donnie Jarreau, paid $550K ($157.14/SF) for a restaurant property on South Sherwood Forest Boulevard. The other three sales were one each of industrial, office and...
Today's Question is for Peter Laville, Land Specialist in Baton Rouge, Louisiana. [embed]https://youtu.be/2KATh9BUv_Q[/embed] Katrina: What is one way you're able to stay positive when a deal isn't running as smoothly as you hoped? Peter Laville: One way I try to stay positive is by controlling what I can control. Anytime you're doing development, there are so many things during the due diligence period...
Today's Question is for Alex Ruch, Senior Associate in Industrial Sales & Leasing in Baton Rouge, Louisiana. [embed]https://youtube.com/shorts/J-4xFRwpdFY?si=rp4DXkvbAM-wIlhq[/embed] Josh: What is the biggest mistake you made when starting out? Alex Ruch: One mistake I made early on was trying to do deals everywhere with every property type. I was doing it out of desperation because I started out not making any money and...
[embed]https://youtube.com/shorts/jHasC6W4mb4[/embed] George Bonvillain: First Year of Commercial Real Estate It can simply feel like you have no idea what you're doing. The same questions might be running through your head: Why did I choose this? This isn't for me. Clearly, I made a mistake. Nothing I'm doing is working. And I don't even know if I'm doing the right things. I was asking someone in...
Today's Question is for Adrien Foley, Industrial Sales & Leasing Associate in New Orleans, Louisiana. [embed]https://youtube.com/shorts/x7dbK4RNqKw?si=H3-IiVXL91ksqONS[/embed] Josh: What is your No. 1 rule for success in commercial real estate? Adrien Foley: Understanding that you're going to go through the hard times at first. If you buckle down and embrace failure and accept that things aren't always going to go your way as a...
The August 5, 2024 issue covers three commercial sales recorded across Lafayette the previous week, totaling $1.25M in disclosed volume. The headline deal: FORKED ISLAND INVESTMENTS LLC paid $850K ($121.26/SF) for an office property on Chapel Drive near Ambassador Caffery Parkway. Each of the three sales was a different property type: the owner of Rachel's Cafe bought its Republic Avenue...
The August 5, 2024 issue covers twenty commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $13.4M in disclosed volume. The headline deal: VOLUNTEERS OF AMERICA SOUTHEAST LOUISIANA INC paid $3.6M ($77.41/SF) for the Financial Planning Center office property at 2475 Canal Street. Retail led the week with eight of the twenty sales, including the Jefferson...
The August 5, 2024 issue covers seven commercial sales recorded across Baton Rouge and Ascension the previous week, totaling $8.5M in disclosed volume. The headline deal: Duplantis Design Group, Professional Corporation paid $3.8M ($140.41/SF) for the former Walk-On's headquarters on Burbank Drive just off the LSU campus. Office, land and industrial accounted for two sales each, including 8.2+ acres of...
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