Wednesday, August 9, 2017

MAGAZINE STREET PARCELS FETCH HIGH PRICE WITH OPEN BID PROCESS



RE/MAX Commercial Brokers senior agents Martin O. Miller III, CCIM and Matt Eaton, CCIM listed and helped sell two of the largest, last remaining vacant parcels of land on Magazine Street, each measuring roughly 30,000 sq.ft.  Through an open-bid process developers were asked to submit their highest and best offers to acquire 1310 & 1339 Magazine Street.  Although not a conventional process, the open bid method for these parcels proved to be the best course of action for the sellers netting them one of the highest sales prices per square foot on Magazine Street to date.  The local developer that purchased the property has a proven track record in the city with developments on Magazine Street and in the CBD.  People are eager to see their plans for these two sites. 


The open-bid sales method is when multiple offers are received from buyers within a certain time frame.  This method works for highly desirable properties as it creates a competitive environment and a frenzy for the property versus standard marketing where there are no deadlines or a sense of urgency.  For this process to work there has to be good coordination with the sellers, brokers and buyers along with adequate marketing and promotion of the property prior to the offer deadlines.  


For more information on this property or the open-bid process, please contact Martin O. Miller III, CCIM at (504) 838-0001 or momiller@ccim.net.

Friday, February 17, 2017

RE/MAX Commercial Brokers has 4 of the top 10 Most Viewed Listings!

LoopNet, Inc., the most viewed public portal for commercial real estate, just promoted the Top 10 most viewed properties in the entire State of LA, and RE/MAX Commercial Brokers, Inc. of N.O. had 4 of those 10.  RE/MAX Commercial Brokers of New Orleans issued a statement that said ‘this is a testament to the quality of our agents, clients, listings, and the power of RE/MAX’s International marketing efforts’.   A core tenet of RE/MAX’s philosophy is Maximum Exposure.  In the end this means a quicker sale and at a higher price for our customers.  Please email us at info@nolacommercial.com as to how we can help you sell or lease your property.

Friday, September 30, 2016

Congratulations to Lucy Chun, Jonathan Shaver, Richard Juge, Matt Eaton, Peter Lombardo, and Charles Mullin!



Wednesday, August 3, 2016

New Orleans Investment Group Acquires Pensacola Office/Retail Complex for Revitalization!

Wednesday, July 27, 2016

Kongsberg Maritime Building Broker Tour

RE/MAX Commercial Brokers, Inc. hosted a Broker Tour of the Kongsberg Maritime Building located at 145 James Drive East in St. Rose, LA last week. Check it out!

Monday, June 20, 2016