Commercial and residential real estate across the Capital Region — development projects, property sales, construction, and the market trends driving them.
Louisiana could experience a boom in construction activity over the next five to six years, says Ken Naquin, CEO of Louisiana Associated General Contractors.Â
A mixed-use commercial property on Pennywood Avenue in the industrial park area off Siegen Lane was recently purchased for $840,000, according to records with the East Baton Rouge Parish Clerk of Court's office.
Profit margins on median-priced single-family home and condo sales in the Baton Rouge metro area were down about 13% in the third quarter compared to the second, new data shows