Derbes Falgoust
Gulf South Commercial Real Estate Team
Press - Resources - Blog

NNN Market Update

As the purchase and sale of single tenant NNN space continues its torrid pace into the first quarter of 2014, the financing for such transactions is also at record production levels. The number of 1031 exchanges has been on the rise over the past few years, and the the NNN space has become a favored place for exchange buyers to park their money due...
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High Turnover in Office Ownership Confirms Growing Strength of Secondary Markets

Last year saw the return of a thriving office investment market, so much so in fact, that several local markets saw significant chunks of their overall stock of buildings change hands in 2013. Analyzing such office inventory turnover can provide a good barometer of where office investment dollars are flowing, and also reveal markets that offer oppo...
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IRS To Converters: Go REIT Ahead!

In the equivalent of an NFL referee throwing a penalty flag and then picking it up and saying "never mind," the IRS has notified three firms seeking to reorganize their real property holdings into new REITs that it will resume working on their conversion requests. The three companies in the process of REIT conversions - Lamar Advertising Co., Iron...
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What is the Difference Between Class A, B, and C Office Space

When showing office space to tenants, we are often asked questions regarding the classification of the office space. The most often asked question is, " What is the difference between Class A office space, Class B office space and Class C office space?" There is no simple answer because national organizations across the country define it differentl...
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September Sales Tax Revenues Increase 5.8%

Good news for Baton Rouge businesses and residents...according to the Baton Rouge Business Report, sales tax revenues increased 5.8% in the month of September.City and parish sales tax revenues increase 5.8%Sales tax collections in the city and parish, excluding vehicle taxes, rose to $12.8 million in August from $12.1 million a year ago-an increas...
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