Saurage Rotenberg Commercial Real Estate
06.26.18Report paints devastating picture for coastal real estate in the Sunshine State

Article submitted by Brian Nicolich, Sales and Leasing Agent for Saurage Rotenberg Commercial Real Estate

Written by Villages News Staff | June 24, 2018

More than 300,000 homes and commercial buildings along the coastlines of the United States are in danger of constant flooding by high tides over the next 30 years.

 In fact, thanks to the predicted rising sea level, these homes and businesses in 23 coastal states – about 175 communities – could face devastating floodwaters 26 times a year by 2045 if greenhouse gas emissions aren’t significantly reduced, a recent report by the Union of Concerned Scientists claims.

The report, titled “Underwater: Rising Seas, Chronic Floods, and the Implications for US Coastal Real Estate,” was released following an in-depth study of sea level rise projections from the National Oceanic and Atmospheric Administration, with the data cited being worst-case scenario.

The report claims that along the East Coast, where some of the most developed land in the country borders the Atlantic Ocean, constant flooding could wipe out economies and leave cities and towns struggling to make ends meet.

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Brian Nicolich joined Saurage Rotenberg Commercial Real Estate in May 2017.  He is a lifelong resident of Baton Rouge.  Brian attended both St. Michael the Archangel High School and Louisiana State University (LSU).  He started his career in Luxury Car Sales, working at Brian Harris Porche Audi for eight years.  Brian will be pursuing his Certified Commercial Investment Member (CCIM) designation through the Commercial Investment Real Estate Institute.

Saurage Rotenberg Commercial Real Estate is a member of the Baton Rouge Area Chamber of Commerce (BRAC); the West Baton Rouge Chamber of Commerce; the Baton Rouge Better Business Bureau; the Louisiana Commercial Data Base (LACDB); and the International Council of Shopping Centers (ICSC). Several agents, on an individual basis, are members of the Society of Industrial and Office Realtors® (SIOR), the Certified Commercial Investment Member Institute (CCIM); the National Association of REALTORS® (NAR); and the Greater Baton Rouge Association of REALTORS® Commercial Investment Division (CID).

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H.N. “Hank” Saurage IV, CCIM / Saurage Rotenberg Commercial Real Estate, LLC / Licensed in Louisiana and Mississippi