By Bill Jeansonne, CCIM, Commercial Investment Specialist for Saurage Rotenberg Commercial Real Estate
Maybe all politics are local; if that is the case, then all real estate is local as well.
South Louisiana is certainly highly dependent upon the industrial sector of our real estate market. Although your business may not be directly involved with “industry”, we are very sensitive to maintaining and expanding its success.
Our economy is not as totally tied to the price of oil as in the 1980’s; some diversification has taken place. It is imperative our economy reshape itself to accept changes in the industrial sector.
National and international trends have a major impact upon our local economy. Long term trends must guide long term economic plans for our businesses and governments.
A brief summary by KPMG in its 2017 Real Estate Industry Outlook Survey—Conditions, Uncertainties, Substantive Activity—is offered here.
Your real estate professional may be encouraged with the direction of this survey, but we must all look to expand our industrial base within our region.
Bill Jeansonne, a native of Alexandria, Louisiana, received both his undergraduate degree and master’s in business administration (MBA) from Louisiana State University (LSU). Bill has 19 years experience in the commercial and industrial real estate business and 14 years experience in commercial/industrial warehouse design and sale of handling equipment. His specializations include commercial and industrial development, brokerage, and leasing, as well as lease negotiations.
A Designee member of the Certified Commercial Investment Member Institute (CCIM), Bill’s professional memberships include Baton Rouge’s Commercial Investment Division (CID), the LSU MBA Alumni Association, a founding member of the board of managers for the Louisiana Commercial Data Base (LACDB), a member of Louisiana REALTORS® (LR), a member of the National Association of REALTORS® (NAR), and a member of the International Council of Shopping Centers (ICSC). Bill has also served as a president of CID, a chairman of the CID Trends Program, a chairman of the LSU MBA Alumni Association Louisiana Looking Up Program, and on the Baton Rouge Area Chamber (BRAC) Trends committee. His current civic affiliations and past service include board chairman of the Baton Rouge Speech and Hearing Foundation and president of the Capitol SERTOMA Club of Baton Rouge. He is currently a member of the Cadets of the Ole War Skule, an alumnus of Omicron Delta Kappa (OΔK), and a member of the Lakeshore Lions Club.
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).
