Weekly CRE Update from Saurage Rotenberg Commercial Real Estate, LLC

Weekly Features presented by Larry Dietz, CCIM

March 22, 2023

Feature Article: Commercial Property Debt Creates More Bank Worries

With the concerns of the recent major bank failures both here and abroad, the stability of the banking system, overall, should be considered strong. Indications are that we are not facing the debacle of 2008 with the key issue now being the continuing high interest rates and federal government spending fueling the on-going inflation.

WSJ Article (pdf)

WSJ Article (link)

Feature Property: 14200 Scenic Highway, Baton Rouge, LA 70807

Vacant Land for Sale

This property is located on Scenic Highway in Baton Rouge, Louisiana. This property is 43 acres and has around 1,550 feet of frontage on Scenic Highway.

This property is an excellent opportunity for an acreage site in the north portion of the East Baton Rouge parish.

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Larry Dietz, CCIM

Associate Broker and Retail Specialist

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Henry "Hank" N. Saurage IV, CCIM

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