Logan Babin Real Estate was blessed once again with a very productive year in 2014. According to final statistics provided by the Bayou Board of REALTORS and their 2014 Office Ranking Report, Logan Babin Real Estate was involved in 23 transactions totaling $16,221,700.00.
Our office was #1 in the Bayou Board of REALTORS with an average of $705,291.00 per transaction. This transaction average is 2.25 times larger than the next closest office and four times greater than the entire area’s 2014 average of $171,864.00 per transaction.
Sales included:
- 85 Acres on US Hwy 90 & LA Hwy 316 for residential/commercial development
- 12.7 Acre commercial corner on US Hwy 90 & LA Hwy 316
- Tracts for new hotel and restaurant in East Houma
- Downtown Houma office building for full price
The past two years have been very productive with 2013-2014 totals of 45 transactions of $31,476,700.00. This is a two year average of $699,350.00 per transaction, all recorded by Logan “Hank” Babin, III.
With a primary focus of serving the commercial and industrial real estate markets in South Louisiana, Logan Babin Real Estate strives to provide excellent guidance and unmatched knowledge of the factors that determine value. This combination serves to the benefit of our client base with proven financial results. We would like to thank all of our clients who placed their trust and confidence in our office to assist them in these important financial matters.
With the market very cautious about oil prices and the impact on our local economy, it is critical to retain the services of a firm with experience, knowledge, and integrity.
If you or your business is looking to buy or sell, choose the team at Logan Babin Real Estate. With over 50 years in the business and three generations of service, you will soon discover why we say…
Logan Babin Real Estate – Local knowledge. National reputation.
