Known for creative problem solving in marketing high value, complicated commercial properties, we help you buy, sell or lease offices, warehouses, hotels, shopping centers, land and apartments. Buying or selling New Orleans commercial real estate has become more complicated and mistakes are more costly, not to mention problems with accurate pricing, complicated contracts, legal issues and tricky negotiations which affect every situation.
Now you can receive expert advice, delivered with a high level of professionalism and dedication to high ethical standards, along with the latest technology. You will never worry about conflicts of interest affecting your listing or property we show you, because we do not accept conflicting listings or clients. We work with property in one category at a time, and accept clients that do not have competing properties.
When you select Louisiana Commercial Realty as your exclusive real estate broker, you receive a higher level of service and unsurpassed ethical conduct.
Now you can receive expert advice, delivered with a high level of professionalism and dedication to high ethical standards, along with the latest technology. You will never worry about conflicts of interest affecting your listing or property we show you, because we do not accept conflicting listings or clients. We work with property in one category at a time, and accept clients that do not have competing properties.
When you select Louisiana Commercial Realty as your exclusive real estate broker, you receive a higher level of service and unsurpassed ethical conduct.
Services
Our dedication to the top designations of CCIM and SIOR means we can discuss the most complex issues to institutional buyers of commercial real estate but can also address the emotional needs of individual buyers.
We are better communicators, better negotiators, and bring high ethical standards to everything we do.
We simply working harder for clients.
What this means to you is that you can relax and be happy while we do all the work.
We are known for using the latest technology to help buyers and sellers solve their real estate problems, and clients benefit from our expertise in using the latest satellite mapping, knowledge of zoning, and investment analysis.
We are better communicators, better negotiators, and bring high ethical standards to everything we do.
We simply working harder for clients.
What this means to you is that you can relax and be happy while we do all the work.
We are known for using the latest technology to help buyers and sellers solve their real estate problems, and clients benefit from our expertise in using the latest satellite mapping, knowledge of zoning, and investment analysis.
If you own commercial property, you need more than an appraisal to know the value.
While your bank needs an appraisal to justify a loan on your property, you need to know the market value which is completely different.
If you are selling your property you need a Commercial Market Value Analysis, and we can help.
The reason you need a Commercial Market Value Analysis is because it tells you the highest price for which your property will sell.
Utilizing our proprietary data with an overlay of our experience and judgment, we can determine your commercial property's highest market price, regardless of what type commercial property you have.
While your bank needs an appraisal to justify a loan on your property, you need to know the market value which is completely different.
If you are selling your property you need a Commercial Market Value Analysis, and we can help.
The reason you need a Commercial Market Value Analysis is because it tells you the highest price for which your property will sell.
Utilizing our proprietary data with an overlay of our experience and judgment, we can determine your commercial property's highest market price, regardless of what type commercial property you have.
Office space for lease is priced per square foot and calculated as an annual expense, so you need to know the square foot of space involved.
The typical office is 10 feet by 12 feet.
If you are leasing three offices, that is 120 square feet per office, totaling 360 square feet; however, also included can be hallway and restroom calculations.
And that is just for the space you use.
There is also an added charge for common space, called CAM.
For example, if office rents in New Orleans average $16 per square foot, and you rent 1,000 square feet, the total annual rent is $16,000, or $1,333 per month.
The typical office is 10 feet by 12 feet.
If you are leasing three offices, that is 120 square feet per office, totaling 360 square feet; however, also included can be hallway and restroom calculations.
And that is just for the space you use.
There is also an added charge for common space, called CAM.
For example, if office rents in New Orleans average $16 per square foot, and you rent 1,000 square feet, the total annual rent is $16,000, or $1,333 per month.
The last 6 months saw the number of shopping center listings fall 20 percent, with 60 fewer properties for lease but only 2 fewer for sale.
Lease prices rose about 50 cents per square foot and sale prices increased $25 per square foot.
There are currently 214 shopping centers listed for sale and for lease, with 201 spaces for lease at an average $15.13 per square foot and 13 centers for sale at an average price of $95 per square foot.
Last month 5 properties were leased and one sold.
Over the last 12 months, lease prices averaged $14.72 PSF and sale prices averaged $108 PSF.
Lease prices rose about 50 cents per square foot and sale prices increased $25 per square foot.
There are currently 214 shopping centers listed for sale and for lease, with 201 spaces for lease at an average $15.13 per square foot and 13 centers for sale at an average price of $95 per square foot.
Last month 5 properties were leased and one sold.
Over the last 12 months, lease prices averaged $14.72 PSF and sale prices averaged $108 PSF.
Space for lease is priced per square foot and calculated as an annual expense, so you need to know the square foot of space involved.
For example, the typical office is 10 feet by 12 feet.
If you are leasing three offices, that amounts to 120 square feet per office, totaling 360 square feet; but you also include hallways, elevator landings, and restrooms which are called common area square footage.
Typically you do not include stairs and elevators, which are called vertical penetrations in your common area square footage.
For example, the typical office is 10 feet by 12 feet.
If you are leasing three offices, that amounts to 120 square feet per office, totaling 360 square feet; but you also include hallways, elevator landings, and restrooms which are called common area square footage.
Typically you do not include stairs and elevators, which are called vertical penetrations in your common area square footage.
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