The Counselors of Real Estate (CRE) have recently released their Top 10 Issues Affecting Real Estate in 2013. Both Logan Babin, Jr. and Logan “Hank” Babin, III are members of this international, invitation only organization. The Counselors of Real Estate Top Ten Issues in 2013 The growing integration of global and local economies, rising economic […]
Category Archives: LA Commercial Real Estate News
Two Light Industrial Facilities Listed
Logan Babin Real Estate has recently listed two light industrial facilities in Houma, one in East Houma and one in West Houma. 5343 Highway 311 in West Houma is a 15,380 SF machine shop with over 3,300 SF of office area and two 6,000 SF shops (one climate controlled). It is centrally located near all […]
Danos Relocating to Terrebonne
Danos, a construction and service partner for major oil and gas firms, announced this week that it would be building a new $10 million headquarters in Terrebonne Parish. Gov. Bobby Jindal made the announcement with Danos President and CEO Hank Danos at Nichols State University. Logan Babin Real Estate is proud to have served Danos in their […]
Houma-Thib Ranked High by Area Development Magazine
The Houma-Thibodaux Metropolitan Service Area (MSA) was recently ranked #24 out of all 380 MSA’s in the United States in a recent article in Area Development Magazine. The article, “Leading Locations for 2013: Ranking MSAs for Econimic & Job Growth”, analyzed economic and work force data to rank the MSAs. When segregated into mid-sized cities, […]
Logan Babin Real Estate Brokers Transaction for Another Waterfront Industrial Property
For the 2nd time in as many months, Logan Babin Real Estate has brokered the sale of a large waterfront industrial facility in Terrebonne Parish. The 90,000+ SF office/shop had frontage along a private slip and the Gulf Intracoastal Waterway in Houma, LA and was purchased by Gulfstream Services, Inc., a global oilfield services corporation […]
Logan Babin Jr. Attends CRE Conference
Logan Babin, Jr. recently attended The Counselors of Real Estate (CRE) Mid-Year Meetings in New York City with some of the leading practitioners in real estate. The conference featured sessions on real estate economics, emerging markets, data, and the current state of retailers. It included speakers such as the Presidents and CEOs of Cushman & […]
Forbes names LA “America’s New Frontier for Business”
Louisiana’s commercial and industrial real estate market should get a boost as Forbes magazine recently named Louisiana “America’s New Frontier for Business Opportunity”. The article suggests this is due to our governmental reform, economic development efforts, and adapting and overcoming. You can read the full article here: Forbes Article And if you are searching for the […]
Schottel to build in WLC Subdivision
Schottel announced plans yesterday to build a new industrial facility in East Houma on their recently acquired lot on Denley Road. The site they selected is part of Walter Land Company’s latest commercial-industrial subdivision. The Denley-Grand Caillou Commercial Subdivision still has lots available that front Grand Caillou, Denley, and Carrie-Anne Roads. Elevations are as high […]
School Breaks Ground on WLC Property
The official ground breaking for the new $15.7 million Grand Caillou Middle School took place today in East Houma. The event was attended by Logan Babin, Jr., a representative for Walter Land Company, which generously donated the property to relocate the oft-flooded school. The two-story, 57,953 SF facility is expected to open in 2014 on […]
Standard Crane Opens Facility in Terrebonne
Logan Babin Real Estate is proud to have helped Standard Crane & Hoist find the perfect location in Terrebonne to build a new manufacturing facility. Gov. Bobby Jindal joined Standard Crane’s President Mac Hadden, as well as many other local officials, to open the Gray facility today. The location near Hwy. 90 (future I-49) will […]