Weekly Features presented by Bob Kirby
November 11, 2021
Feature Article: CRE's Shockingly Strong Third Quarter

Commercial Real Estate performance records in the third quarter exceeded expectations. The momentum is expected to continue through the end of the year. According to the GlobeSt article, vacancy is down 10 basis points to 16.1%. Also, in the industrial sector, rent was up by 3%.

Feature Property: 9340 Pecue Lane, Baton Rouge, LA 70809
Office for Lease

The office is located on a 2.7 acre site that's fenced, paved, and stabilized. The site has 170 feet of frontage on Pecue Lane. The office building is 4,920 square feet with 4,177 square feet of office space. The space includes six private offices, a large conference room, kitchen, and storage area.

Bob Kirby
Commercial Investment Specialist

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