News

Selling Your Commercial Property: Tenant Occupied vs. Vacant

Commercial property owners and investors often find themselves weighing the decision to sell their rental properties. Evaluating your portfolio during shifting market conditions is important to maximize returns on your investments. But one question that comes up frequently during this process is whether to sell your property while it’s tenant occupied, or wait until it's vacant. Selling Occupied Properties Selling a property...

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What Commercial Real Estate Makes the Most Money?

Commercial Real Estate is a broad industry that covers a lot of asset classes and property types. Many people are interested in knowing what commercial properties are the most profitable. Understanding the reasons why certain sectors perform higher than others can help support your success in an ever-fluctuating market. Here are some of the property types that perform well and...

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How to Determine Current Market Lease Rates Per Square Foot in Commercial Real Estate

Understanding the market lease rates allows both landlords and tenants to make well-informed decisions when it comes to leasing commercial properties in your market. On the subreddit r/CommercialRealEstate, users discussed the best approach to determining these numbers.  Here are some of the tools and methods to get the numbers right. Engage with Brokers for Insider Knowledge One of the most reliable ways...

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Former KFC property sells on Ambassador Caffery

The June 10, 2024 issue covers five commercial sales recorded across Lafayette the previous week. The headline deal: 3328 AMBASSADOR CAFFERY LLC bought the KFC fast food property on Ambassador Caffery Parkway near Johnston Street. Retail led the week with three of the five sales, including a retail store next to Hub City Diner on South College Road that sold,...

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City of NOLA purchases industrial property

The June 10, 2024 issue covers fifteen commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: Haltere Fund VI, LLC, the California-based Haltere Group, bought the Arbors on the Lake apartment complex at 10500 Hayne Boulevard. Retail led the week with six of the fifteen sales, while the City of New Orleans bought an...

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Downtown Building in Belle of Baton Rouge complex sold

The June 10, 2024 issue covers two commercial sales recorded across Baton Rouge and Ascension the previous week. The headline deal: GLP Capital, LP, Gaming & Leisure Properties, bought a building in the Belle of Baton Rouge complex on Mayflower Street downtown. The week's other sale was a set of office buildings at the corner of Goodwood Boulevard and East...

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The Best Websites to Find Commercial Land for Sale

If you’re looking to develop or invest in commercial land, it’s great to have access to reliable and comprehensive listings. On the subreddit r/realestateinvesting, user fasteddy7283 asked for recommendations for the best online resource or tool to buy land in the United States. These are some of the top websites where you can find commercial land for sale online. 1. Crexi Crexi...

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Pathway Church purchases their Southcity Pkwy location

The June 3, 2024 issue covers five commercial sales recorded across Lafayette the previous week. The headline deal: PATHWAY CHURCH INC bought the property it occupies on Southcity Parkway. Multifamily led the week with two of the five sales, an 18-unit property in Scott bought by CASTLE ROW LLC and a pair of fourplexes near Pillette Road that traded....

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Gilmore Park Apartments sell

The June 3, 2024 issue covers eight commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: PG REALTY PRO LLC, a local entrepreneur, bought the Gilmore Park Apartments at 1315 Southlawn Boulevard near Delgado Community College on the West Bank. Retail and office led the week with two sales each, while the Church of...

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Geismar industrial properties sold

The June 3, 2024 issue covers twelve commercial sales recorded across Baton Rouge and Ascension the previous week. The headline deal: Casso Enterprises LLC bought two non-adjacent properties in the Copperhead Industrial area in Geismar. Industrial led the week with six of the twelve sales, including Casso Enterprises' second purchase, two neighboring industrial properties on Copperhead Road, and a 14-building...

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