RECENT BLOG POSTS
Commercial Real Estate Legislative Update LEGISLATIVE UPDATE: 2013 by Adriann Murawski Lack of bipartisan negotiations has delayed economic growth, as federal uncertainties have forced U.S. businesses to adopt a wait-and-see planning model. Until Democrats and Republicans can work together, m...
CAP RATES PREDICTED TO BE FLAT THRU 2015
SOLD: MOTEL 6 IN WEST MONROE FOR $2,200,000 111 rooms sold for $2.2 Million for an average of $19,820 per room. The sales price was 2.2 times the Gross Revenue of approximately one million dollars.
COMMERCIAL REAL ESTATE OUTLOOK 2013 COMMERCIAL REAL ESTATE INVESTMENT TRANSACTIONS GREW BY 4% LAST YEAR... VACANCIES ARE DECREASING, RENTS ARE INCREASING... APARTMENTS GAIN MARKET SHARE... COMMERCIAL REAL ESTATE PRICES HEADED BACK UP... CAP RATES ARE DECREASING AND THE SPREAD OVER 10-YE...
OFFICE MARKET RENT CYCLES
SOLD: West Monroe Office Building - Richland Tower The Richland Tower Office Building at 2500 North 7th Street in West Monroe, Louisiana sold for $4,450,000 recently. The Seller was ZEG Ventures, LLC and they were represented by Ryan Roark, CCIM of Keller Williams Commercial. This 56,784 squar...
6,284 SF Office Lease: Home Care Resources The office space at 235 Desiard Street was leased by Ryan Roark, CCIM of Keller Williams Commercial to Home Care Resources on a 4 year lease. This 6,284 square foot space was recently renovated and is part of a growing redevelopment effort in Downtown ...
Downtown Monroe Office Lease: Restorative Home Health Care The office space at 426 Desiard Street was leased by Ryan Roark, CCIM of Keller Williams Commercial to Restorative Health Care on a 3 year lease. This 2,353 square foot space was recently renovated and is part of a growing redevelopment...
Downtown Monroe Office Lease: First Choice Hospice The office space at 424 Desiard Street was leased by Ryan Roark, CCIM of Keller Williams Commercial to First Choice Hospice on a 3 year lease. This 2,254 square foot space was recently renovated and is part of a growing redevelopment effort in Do...
Keller Williams Parishwide Partners (KWPP) holds a 32% market share in Northeast Louisiana. Year to date sales are currently at $215 Million and sitting $76 Million ahead of the nearest competitior. Average Price Per Sale is $202,000 at KWPP vs $132,288 at it's nearest competitor.