Property values can be lost through the following forms of depreciation: Deferred maintenance – the easiest form to spot and to estimate – it is the deterioration of the physical aspects of a property including structure and mechanical. Functional obsolescence – outdated facilities, poor lay out or inadequate parking can cause a building value to decline Economic
Property One is now the exclusive lease listing agent of Executive Office Tower, located at 3500 N. Causeway Boulevard in Metairie, Louisiana. Details about the property can be viewed at https://www.lacdb.com/listing/29976798. For leasing information, contact Jack Gordon at 504.681.3437 or firstname.lastname@example.org.
Property One was awarded the facility management contract for the Louisiana Housing Corporation located in Baton Rouge, La. The contract involves two properties occupied by the LHC, a 50,000 square foot Class A office building near the Pendleton Research Center and a 15,000 facility located in the BR Industriplex area.