New Orleans Commercial Real Estate Opportunities Today

Currently the trend in New Orleans commercial real estate is to use tax credits to build apartments which fills the void of affordable housing; however, this trend is peaking since land is impossible to find under $20/SF in already populated areas. With the estimated population of New Orleans MSA now exceeding 1,000,000, I believe opportunities still exist in these areas:

  1. Personal Storage sites.
  2. Retail near the new Huey P. Long bridge.
  3. Retail strip centers near newly constructed apartment buildings.
  4. Land speculation in New Orleans East.

Many developments which seemed feasible when planned no longer appear worthwhile, and the developers of high-end condominiums in New Orleans after Katrina have forgotten there was little market for this product before Katrina. If you are looking for opportunities in commercial real estate, here are a few research reports which provide solid information:


Fast Population Growth Neighborhoods in New Orleans
Successful commercial real estate development in New Orleans starts first with identifying the changing demographics. Population growth rate is high on the list, and the fastest population growth in New Orleans is not where you think it is.
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Fast Population Growth

Using Technology To Find New Business Locations
Technology allows commercial real estate buyers and sellers, landlords and tenants, to select better locations for businesses, control advertising dollars and price rents more accurately.
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Using Technology For Commercial Real Estate Development

Real Estate versus Stocks and Bonds
Why invest in real estate compared to stocks and bonds? Here is how the smart investors decide.
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Real Estate versus Stocks and Bonds

Successful negotiations are a key benefit that a commercial real estate expert can bring to the table. Here is how not to negotiate.
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How To Use Technology In Commercial Real Estate
CCIM, the leading commercial real estate organization, interviews commercial broker Robert Hand on the state of the New Orleans market and effective use of technology only available to agents with the CCIM designation.
Using Technology In 2023 For Commercial Real Estate

Louisiana Commercial Realty

Commercial Real Estate Experts
Robert Hand, MBA, CCIM, SIOR
Licensed in Louisiana & Mississippi
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