Written by Scott J. Kolb, Commercial Investment Real Estate Magazine January – Febuary 2012
As the commercial real estate market has so adeptly illustrated during the past five years, the saying “What goes up must come down” has a much broader application beyond Isaac Newton’s law of gravity. This idiom has served as an apt metaphor for not only the commercial real estate market, but also for the careers of the thousands of professionals who are employed in this $10 trillion industry.
After more than three years in the down phase of the cycle, it’s starting to look as though commercial real estate’s trajectory may be on the rise. Approximately 87 percent of commercial real estate executives who responded to a Christenson Advisors market outlook survey anticipate continued commercial real estate improvement in 2012, including improved revenues and profitability. And, as the commercial real estate market continues its ascent, the employment outlook will continue looking up.
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Mike Stinson, a native of Monroe, Louisiana, is a graduate of Louisiana State University (LSU). A real estate licensee since 2004, Mike specializes in the sale and leasing of commercial real estate. A Designee member of the Certified Commercial Investment Member Institute (CCIM), Mike’s other professional memberships include Baton Rouge’s Commercial Investment Division (CID), the LSU Alumni Association, REALTOR Land Institute (RLI), and an affiliate member of the National Association of REALTORS® (NAR).
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 Growth Coalition; 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).