New Orleans Industrial Market Remains Subdued, But Two Projects Are Breaking the Ice

Crosby Development Co. is spearheading Gulf South Commerce Park, a 1,000-acre site located at the intersection of I-12 and Highway 1088 in St. Tammany Parish.
Crosby Development Co. is spearheading Gulf South Commerce Park, a 1,000-acre site located at the intersection of I-12 and Highway 1088 in St. Tammany Parish.

Property One President Matt Taylor and Leon (Lee) Audibert, SIOR shared their insights on the Greater New Orleans industrial market in Southeast Real Estate Business. The article examines the region’s limited industrial inventory, strong demand for warehouse space, and the challenges affecting new development, including construction costs, insurance costs, and interest rates. Taylor and Audibert also highlight two major projects that were underway to bring new industrial space to the market.

Read the full article, New Orleans Industrial Market Remains Subdued, But Two Projects Are Breaking the Ice,” on REBusinessOnline.

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