Weekly Features presented by Larry Dietz, CCIM

November 20, 2024

Feature Article: Real Estate Scions Are Breaking a Cardinal Rule: Never Sell


Despite the recent news that some major corporations, ie: Amazon, Google etc are requiring their employees to report back to the office there continues to be a huge decline in office occupancy. Obviously, this would have (and has had) an incredible impact on the commercial office investment sector with dropping office occupation, lease rates plunging with a resultant downturn in property valuation. One of the by-products is those real estate investments that have passed down through multiple generations. It has had a significant impact on that “passive” income the current generation have come to expect. That is now changing. 


Click here to read more (Wall Street Journal)

Click here to read more (PDF)


 

Feature Property: 31478 LA-22, Springfield, LA 70462

Land for Sale


Presenting a prime 635-acre property for sale in Springfield, LA—an exceptional opportunity for your next commercial development. Boasting strategic accessibility with multiple entry points, scenic tree cover, and significant frontage along Highway 22, this property offers both versatility and visibility. Its reduced price makes this a rare investment opportunity not to be missed. Click the link below for further details on this outstanding tract of land.


Click here to view LACDB listing



Larry Dietz, CCIM

Commercial Sales & Leasing, Associate Broker



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For Larry's profile and listings on LACBD


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