The Devine Wine and Spirits retail store at 2653 S. Service Road in Ruston, Louisiana recently sold for $1,850,000.
SOLD: Blanchard Street Shopping Center
LEASED: 82,310 SF Warehouse
LEASED: 20,026 SF to Home Hardware Center
SOLD: Family Dollar Store on Hwy 165
SOLD: Monjuni's Restaurant on North 18th Street
SOLD: Shaw Group industrial site in West Monroe
SOLD: Corner of I-20 & Hwy 165
2014 Market Volume Trends - Monroe, Louisiana
Additionally, some national commercial real estate market trends can be viewed with the links below.
CCIM - Quarterly Market Trends 4Qtr 2014
National Association of Realtors - Commercial Real Estate Outlook 1Qtr 2015
SOLD: 305 S. Vienna St, Ruston LA
Are You a Smart Investor
Are You a Smart Investor
SOLD: Kilpatrick Blvd Office Building
SOLD: Kilpatrick Blvd Office Building
The property at 3000 Kilpatrick Boulevard sold for $1,185,000 on 1/30/15. The building was built in 1999 and contained 11,615 square feet of space on 0.99 acres with B-3 zoning.
SOLD: Van Mark Apartments
2015 Commercial Real Estate Outlook
The Pros and Cons of An Open Office Floor Plan
The Pros and Cons of An Open Office Floor Plan
You’ve got everything ready for your new office, now it’s time to decide between the privacy of cubicles or the open spaces that come with the bullpen layout. Earlier this year the New Yorker reported that 70% of offices go with an open floor plan. That being said there are numerous articles discussing that open floor plans may lead to too much collaboration. Here are some key differences between the two styles:
BULLPEN PROS
· Open communication
· Collaboration
· No department segregation
· No “status symbol” desk locations
BULLPEN CONS
· Noise & distractions
· Little to no privacy
· Lack of confidentiality
· No suitable for all personality types
CUBICLE PROS
· Less distraction
· Privacy
· Feelings of ownership
· Collaboration is still possible
CUBICLE CONS
· Lack of a team atmosphere
· Isolation
· Cramped space
· Lack of socialization
Ultimately what floor plan is best for your office depends on what your company’s work and daily responsibilities are. Cubicles can diminish distractions but bullpen layout encourages collaboration. If you are thinking about changing your office’s current layout think about polling your employees to get their input on what would be most effective in your Monroe office. Successful companies have used both types so the decision really comes down to what will enhance and support your office workflow the best.