The 1st Quarter of 2014 continues to bring positive economic news for South Louisiana, which should spell good news for the South Louisiana real estate market. Logan Babin Real Estate is currently feeling that impact with multi-million dollar properties under contract, multi-million dollar offers on additional property, and new commercial, industrial, and large-acreage listings continuing […]
Category Archives: Louisiana Industrial Real Estate
South Louisiana Economic News Update
Good 2013 for Clients of Logan Babin Real Estate
Logan Babin Real Estate capped a very productive 2013 sales year with the $450,000 closing of 175 Thompson Road, a light industrial building in the ever productive industrial area around Munson Slip. According to final statistics provided by the Bayou Board of REALTORS and their 2013 Office Ranking Report, Logan Babin Real Estate was involved […]
Schottel Opens New Facility in East Houma
Schottel, Inc., a global leader in propulsion systems, held the Grand Opening of their new facility on Denley Road in East Houma today. Their new location at 1741 Denley Road in East Houma is part of Walter Land Company’s Denley-Grand Caillou Commercial/Industrial Subdivision. This puts them in the heart of Houma’s marine fabrication hub near […]
The CRE 2013 Top 10 Issues Affecting Real Estate
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 […]
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 & […]
Two New Properties Listed
Logan Babin Real Estate, commercial and industrial specialists in South Louisiana, has two new vacant land listings to announce. The first is 9.55 acres of cleared land near the corner of LA Hwy 24 and Coteau Road. It is 1.8 miles south of US Hwy 90 and has frontage on Hwy 24, Coteau Rd., and […]