After granting their struggling retail tenants leeway with rent payments for much of 2020, Baton Rouge landlords have largely decided it’s time to drop the hammer.
Louisiana’s corporate tax structure—characterized by high rates and partially offsetting incentives—generally favors new businesses, leaving all mature operations except labor-intensive manufacturers with above-average tax burdens.
Louisiana should begin seizing renewables opportunities sooner rather than later to secure the Gulf Coast’s spot as the world’s “energy transition zone.”
The former Hobby Lobby building on O’Neal Lane has been sold to a North Carolina-based real estate investment group that plans to convert the big box space into a self-storage facility.