A full package of information related to these two unique commercial sites is available. Please contact:

George Kurz
225-925-0600 Phone
225-925-0661 Fax
george@kurzhebert.com		 Kurz & Hebert Commercial Real Estate, Inc.
P.O. Box 80301
Baton Rouge, LA 70898

Baton Rouge Real Estate Update

  • Baton Rouge Downtown Office Market (Class A) 1,362,395 available 1,153,463 occupied 84% occupancy $22.92 avg. rent
  • Baton Rouge Downtown Office Market (Class B) 777,544 available 560,607 occupied 72.1% occupancy $16.50 avg. rent
  • Total amount of Class A and Class B office space in Baton Rouge: 6.6 million sq. ft.
  • Baton Rouge Retail Data 100 Centers 7,625,150 sq. ft. 918,697 vacant space 12.1% vacancy rate $15.06 avg. rent
  • Baton Rouge appears on a list of top 10 markets with the best expected performance over the next 12 months in home prices — among areas with populations greater than 600,000. The top markets, where home values are expected to remain level, are among those that did not have a big housing boom and where the recession has so far had a relatively mild impact.
  • 4.14% (home prices in the Baton Rouge area were up this much in the first quarter of 2009).
  • 93 days (average time a home for sale stays on the market in Baton Rouge)
  • Baton Rouge has one of the lowest foreclosure rates in the nation.
  • Employment in the Baton Rouge area has remained steady during the recession.
  • 2.1% (apartment vacancy rate in January of 2009 by the Baton Rouge Apartment Association)
  • $794 (average rent for a two-bedroom apartment in the fall of 2008)
  • Over $600 million: Value of city-parish Green Light (roads) and sewer rehab work scheduled for 2009

The information contained herein is solely for informational purposes and is subject to change without notice. The information has been secured from sources deemed reliable, but Kurz & Hebert Commercial Real Estate, Inc. makes no representations or warranties express or implied regarding the properties or accuracy of the information discussed herein. It is the obligation of each purchaser to investigate the condition and attributes of each property and to verify the accuracy of the foregoing information to the extent such purchaser deems necessary. This information is subject to errors, omissions, changes in terms and conditions, prior sale, or withdrawal, without prior notice.