Office and Multifamily Indices Led Pricing Growth Among Property Types; South Region Index Reached New Peak
Article submitted by Bob Kirby, Associate Broker for Saurage Rotenberg Commercial Real Estate, LLC
Written by CCRSI RELEASE – January 2019 (With Data Through December 2018)
This month’s CoStar Commercial Repeat Sale Indices (CCRSI) provides the market’s first look at commercial real estate pricing trends through December 2018. Based on 1,321 repeat sale pairs in the month of December 2018 and more than 204,000 repeat sales since 1996, the CCRSI offers the broadest measure of commercial real estate repeat sales activity.
Bob Kirby, a commercial leasing and sales consultant with Saurage Rotenberg Commercial Real Estate, LLC, has over 37 years of sales and management experience. Licensed in Louisiana and Mississippi, Bob is a member of the Mississippi Commercial Association of REALTORS® (MCAR); the Greater Baton Rouge Association of REALTORS® Commercial Investment Division (CID); a candidate member of the Certified Commercial Investment Member Institute (CCIM); and an affiliate member of the National Association of REALTORS® (NAR) and NAR Commercial.
Saurage Rotenberg Commercial Real Estate, LLC 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).
