South Louisiana’s Industrial Real Estate Is Booming, and Apparently Warehouses Are the Only Buildings That Got the Economic Memo
I've always found something wonderfully absurd about commercial real estate. We live in a country where people can barely afford groceries, companies are constantly announcing that artificial intelligence will eliminate entire departments, and the average office worker has developed a sophisticated ability to appear productive while wondering why the hell they're sitting in a cubicle. Yet somewhere in south Louisiana, a large rectangular building with concrete floors, loading docks, and the architectural personality of a refrigerator is apparently the hottest thing in town. Welcome to the modern economy, where the buildings storing merchandise are increasingly more desirable than the buildings housing the people who actually purchase it. Recent reporting on south Louisiana's commercial real estate market paints an interesting picture. Industrial properties are performing well, supported by demand for warehouses, distribution centers, manufacturing facilities, and logistics ...
