With oil prices decreasing dramatically over the past few months, here is a sample of South Louisiana economic news (both positive and negative) being reported by news sources: Houma Named Acadiana Profile’s City of the Year – (MyNewOrleans.com – 2/2) Airport Expands to Serve Oil and Gas (HoumaToday.com […]
Category Archives: Louisiana Industrial Real Estate
South Louisiana Economic News
2014 Real Estate Recap
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 […]
SOLD – Schottel Buys Adjacent 2.3 Acre Tract
Logan Babin Real Estate is proud to announce the closing of a 2.33 acre tract on Denley Road that Schottel has purchased next to their existing facility. The tract sold today for $333,125.00 or $3.28/SF. Logan Babin Real Estate represented both the buyer and the seller in the transaction. Schottel, Inc., a global leader in […]
SOLD – 4 Tracts on Hwy 182 & Coteau Rd.
Logan Babin Real Estate is pleased to announce the closing of another commercial property today. Four commercial/industrial tracts on the corner of LA Hwy 182 and Coteau Road closed for a combined price of $1.1 million. The tracts, listed by Logan “Hank” Babin, III, were owned by a family with members both in and out of […]
Buying or Selling on US Hwy 90?
If you are looking to buy or sell property along Highway 90 (Future I-49), contact our team at Logan Babin Real Estate. This area is part of an important energy corridor between Port Fourchon and Lafayette. And we have the experience to either find the right location for you or market your property to sell. […]
Hwy 90 & 316 Corner Sells for $1.75 Million
For the second time this year, Logan Babin Real Estate and Hank Babin have brokered a 7-digit transaction on the corner of US Highway 90 and LA Highway 316. Today, Highland Oaks Commercial, LLC sold 12.7 acres of property to Labmar Properties, LLC for $1,750,000.00 for a future office of Laborde Marine and possible other […]
South Louisiana Economic News Update
There has been plenty of positive economic news regarding South Louisiana lately. Here are just a few articles from various news outlets: Pact Forged to Train LA’s Offshore Oil, Gas Workforce July 24 – From The Advocate Bollinger Shipyards Awarded $255M Contract by Coast Guard July 24 – From NOLA.com LA Adds 19,200 Jobs Over […]
Houma and Louisiana are Happy! Happy! Happy!
A recently released study ranked the Houma-Thibodaux area as the second happiest place in the country. In fact, Louisiana had the Top 5 cities overall with Lafayette as #1, Shreveport-Bossier City #3, Baton Rouge #4, and Alexandria #5. Lake Charles was in the Top 10 at #8. In contrast, New York City was named the […]
Babins Attend CRE Mid-Year Meetings
Both Logan H. Babin, Jr., CRE and Logan “Hank” Babin, III, CRE attended The Counselors of Real Estate (CRE) 2014 Mid-Year Meetings in Austin, TX from May 4-7. Besides meeting and sharing ideas with fellow Counselors from around the globe, Logan and Hank were proud to participate in sessions involving capital markets, urban redevelopment, stigmatized […]
New Listing – Light Industrial Investment Opportunity
Logan Babin Real Estate and Logan “Hank” Babin, III are proud to announce a new listing on Thompson Road. This light industrial investment opportunity is near the ship building and industrial area of Houma. This property could be kept for its investment value or converted into an owner occupied space as the tenant leases expire. […]