Business News

How managers can build loyalty with contractors and suppliers 

At a time when limited manpower, accelerated schedules and increasing construction volumes are in...

COMPOUND INTEREST

The estate of Bubba Lewis, with nearly 15 acres of prime real estate, is for sale, raising the question of what the eventual buyer will do with the property.

Real Estate Report: Calming waters

Post-pandemic challenges have largely dissipated and the broad Baton Rouge real estate sector has stabilized, though high interest rates are a concern.

Single family: A hot market chills

Rising interest rates are slowing sales but the residential real estate market remains healthy, though no longer a seller's paradise.

Multifamily: Demand keeps meeting a growing supply

Despite warnings of an overbuilt market, the Baton Rouge apartment sector remains steady as new units keep coming online.

Commercial: Changing dynamics

An already oversupplied office market is going through a transformation as tenants are asking for less space and friendlier lease terms.

Retail: Uneasy, but holding steady

Though facing a variety of economic pressures, the retail sector remains stable thanks to landlord flexibility and strong consumer spending.

Industrial: Tight supply, high demand

The volume and velocity of deals in the industrial sector are expected to remain low in 2023, while lease prices will remain high.

U.S. Rep. Graves says new Mississippi crossing in Iberville leaves need for solution farther north

Even as officials look to pick a location for a new Mississippi River bridge among three options in Iberville Parish, U.S. Rep. Garret Graves says the state should be searching for additional solutions closer to Interstate 10 and U.S. 190. 

Concert sales tax rebate was inspired by Bayou Country Superfest incentive

Legislation passed over the weekend in the Louisiana Legislature aimed at attracting more large festivals and concerts to East Baton Rouge Parish was inspired by incentives granted to Bayou Country Superfest.Â