Weekly CRE Update from Saurage Rotenberg Commercial Real Estate, LLC

Weekly Features presented by Brian Nicolich

July 13, 2022

Feature Article: U.S. homebuyers rushing to cancel under- contract deals

Since the COVID-19 pandemic, contracts to buy homes have dramatically decreased due to higher mortgage rates and increasing inflation. The cost of living is at its highest in more than two decades. Will we start to see a change in under- contract deals, or will they continue to decrease?

Feature Property: 11821 Cloverland Avenue, Baton Rouge, LA 70809

Office/Warehouse for Lease

This property has over 10,000 square feet of office and warehouse space. The warehouse is equipped with two roll up doors, security fencing, and many more amenities. The property has a new roof, updated offices, and a new HVAC system. It is in a great location in the Industriplex Corridor. The property is just two minutes away from Siegen Lane, and less than a minute away from Airline Highway.

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Brian Nicolich

Commercial Sales & Leasing Specialist

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