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 ...

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...

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 incre...

According to a recent article on the Baton Rouge Business Report's Daily Report, Louisiana is doing better than a majority of the country as it climbs out of the recession. More good news for Louisiana and Baton Rouge! Louisiana compares well to most other states, economic data shows A new index of indicators of state economic momentum shows state ...

The Business Report's Top 100 Private Luncheon was held earlier this week and we heard good things about the future of Baton Rouge. Jim Richardson and Loren Scott think the Greater Baton Rouge Area will see an increase in jobs over the next two (2) years. Despite the troubling economic news we are bombarded with everyday, it appears good things are...

With all the doom and gloom in the American business world, hopeless despair about the economy and the daily volatility in the stock market, it is refreshing to hear someone say something positive about the City of Baton Rouge...a place many of us call home. Baton Rouge has made tremendous strides in the past decade, separating itself from other ci...

As more and more office buildings become available in the market, some owners are finding it difficult to attract tenants. In an effort to dispose of distressed office buildings, some landlords are turning to corporate users in an effort to sell assets. Property owners seeking a buyer to take a distressed office building off their hands should cons...