Danos Relocating to Terrebonne

Danos, a construction and service partner for major oil and gas firms, announced this week that it would be building a new $10 million headquarters in Terrebonne Parish.  Gov. Bobby Jindal made the announcement with Danos President and CEO Hank Danos at Nichols State University.

Logan Babin Real Estate is proud to have served Danos in their site selection needs for the new headquarters in Terrebonne Parish.  According to reports, the new headquarters will add 326 direct new jobs to Danos’ 1,100 employee base.  This continues a string of positive economic news for the Houma-Thibodaux MSA.

At the event Gov. Jindal stated, “Today’s announcement is great news for the Bayou Region and for our entire state. Danos is one of Louisiana’s deeply rooted homegrown companies renowned for its technical expertise, performance and, above all, outstanding safety in the oil and gas business. The company has proudly called Louisiana home for decades, and it knows that our state is home to an incomparable workforce, a strong business climate and a tremendous energy infrastructure.

“Despite a challenging federal regulatory environment, Louisiana companies like Danos are rising to new heights in business performance and leading the way in solving our nation’s energy challenges. This growth by Danos in south Louisiana will continue bringing great new career opportunities to Louisianians for generations to come.”

Danos President and CEO Hank Danos said, “The Danos family business has deep roots in South Louisiana: The heritage and culture of this area are important to who we are as a company.  We appreciate the commitment of our state’s leadership. The Governor and the Secretary of Economic Development are shaping an environment that is beneficial to attracting and retaining companies who are creating good jobs in our state and region. We are thankful that our employees, customers and the state recognize the importance of our dedication to excellence in safety and job execution.”

Like Danos, Logan Babin Real Estate has been serving the people and industry in South Louisiana for three generations and 50+ years.  Our dedication to our client’s needs and expertise in commercial and industrial real estate bring results to our clients.  That is why we say:

Logan Babin Real Estate and Appraisals.  Local Knowledge…National Reputation.

Contact us today and put our experience to work for you.

Links to Media Reports on Danos Announcement:

The Advocate: Click Here

Fox 8 News: Click Here

LA Economic Development: Click Here

Posted in Houma, Houma Terrebonne Lafourche, LA Commercial Real Estate News, Louisiana Commercial Real Estate, Louisiana Industrial Real Estate | Tagged , , , , , | Comments closed

Houma-Thib Ranked High by Area Development Magazine

The Houma-Thibodaux Metropolitan Service Area (MSA) was recently ranked #24 out of all 380 MSA’s in the United States in a recent article in Area Development Magazine.  The article, “Leading Locations for 2013: Ranking MSAs for Econimic & Job Growth”, analyzed economic and work force data to rank the MSAs.  When segregated into mid-sized cities, Houma-Thibodaux ranked 6th.

When discussing where businesses should consider to locate, the article said “it is important to locate the operation in a city or region that knows how to grow its economy and has the track record to prove it.”

Its summary of Houma-Thibodaux states:

“This 200,000-person MSA is in the heart of Bayou Country, along the Gulf of Mexico in southern Louisiana. It covers two parishes — Lafourche and its parish seat of Thibodaux, and Terrebonne with its main cities of Houma and Bayou Cane.

Both natural waterways and industrial channels provide easy shipping access from the Gulf of Mexico to these cities. This inland port system is well-developed enough to service both heavy manufacturing and the oil and gas industries; key intermodal centers are nearby, as well as easy access to all six of North America’s Class I railroads.

Top industries for Houma-Bayou Cane-Thibodaux include oil and gas, metal manufacturing, food manufacturing, plastics, medical, seafood, agriculture, biofuels, and professional services. Over the years, this MSA has ranked consistently as one of the strongest economic regions in the U.S., thanks to its natural resources, low business costs, and highly skilled work force. The unemployment rate is about 4 percent — about the same as it was during the Great Recession.”

Logan Babin Real Estate is proud to have helped many companies large and small find the proper location in Houma-Thibodaux for their business to thrive!  Contact one of our agents today and put our expertise and experience to work for you.

You will then see what we mean when we say: Local Knowledge.  National Reputation.

To read the full article in Area Development Magazine online, please CLICK HERE.

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Agent Hank Babin Mentioned in Article

MULBERRYMISSIONFISHLOGOAgent Logan “Hank” Babin, III was recently mentioned in an article in Church Executive magazine for his work with Mulberry Baptist Church’s unique fundraiser for mission work in Haiti. The article discussed various church related fundraisers and featured Mulberry’s annual Online Auction for Haiti on eBay Giving Works as a prime example of how online fundraisers can benefit churches.

Babin said the reporter contacted them after doing a Google search on online fundraising. “After viewing the articles and video that eBay featured about Mulberry Baptist on their website, she contacted us for more information. She said Mulberry was ‘way ahead of the curve’ on this one.”

Mulberry is gearing up for their 3rd Annual Online Auction for Haiti to be held again in August. Babin said the church is looking for extra tickets to sporting events, concerts, theater, etc. To donate an item and help this worthwhile cause, you can contact him at our office at 985-872-4597.

Over the last 2 years, Mulberry has funded over $100,000 in projects in Haiti through YWAM Haiti. Our teams have travelled to Haiti on 4 mission trips to build duplexes, a school, provide medical and dental care, distribute food and medical supplies, as well as participate in many other worthwhile activities.

At Logan Babin Real Estate, we believe deeply in investing in communities. That includes communitites in South Louisiana, nationally, and internationally.

To read the full article online at Church Executive’s website, click here: Church Executive Article

To view the eBay Giving Works video on Mulberry’s Online Auction for Haiti, click here: eBay’s Video on Mulberry Baptist Church

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Logan Babin Real Estate Brokers Transaction for Another Waterfront Industrial Property

For the 2nd time in as many months, Logan Babin Real Estate has brokered the sale of a large waterfront industrial facility in Terrebonne Parish.  The 90,000+ SF office/shop had frontage along a private slip and the Gulf Intracoastal Waterway in Houma, LA and was purchased by Gulfstream Services, Inc., a global oilfield services corporation with seven locations in the U.S. and one in Aberdeen, Scotland.

The facility, formerly part of Marine Systems, Inc., a diesel engine services subsidiary of the Kirby Corporation, will now be the new base of operations for Gulfstream Services.

In March of 2013, Logan Babin Real Estate also brokered a sale of the former Quality Shipyard Facility on the Intracoastal Waterway in Houma.

“We continue to strive to offer the most complete level of service to the commercial and industrial real estate market in South Louisiana,” agent Logan “Hank” Babin, III said.  “We are proud that both of these companies, with local roots and national and international reach, trusted our office to navigate them through this process to a satisfying conclusion for all involved.”

If you are buying or selling commercial or industrial real estate in South Louisiana, trust the team at Logan Babin Real Estate to produce for you.  We don’t just place a sign on your property.  We place our reputation on it.

Logan Babin Real Estate and Appraisals.  Local knowledge.  National reputation.

Follow us on Twitter at @LoganBabinRE or click HERE for one of our downloadable brochures.

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Logan Babin Jr. Attends CRE Conference

Logan Babin, Jr. recently attended The Counselors of Real Estate (CRE) Mid-Year Meetings in New York City with some of the leading practitioners in real estate.  The conference featured sessions on real estate economics, emerging markets, data, and the current state of retailers.  It included speakers such as the Presidents and CEOs of Cushman & Wakefield and Silverstein Properties, as well as the Lt. Governor of New Jersey and the Borough President of Brooklyn.

The Counselors of Real Estate is an invitation-only membership organization established exclusively for real estate advisers who provide intelligent, unbiased, and trusted advice for a client or employer.

Both Logan Babin, Jr. and Logan “Hank” Babin, III are members of the CREs.  Logan Jr. previously served as President of the CRE and served on their Board of Governors for years.

Give us a call at Logan Babin Real Estate and let us provide solutions to your complex real estate issues.

LOGAN BABIN REAL ESTATE   Local knowledge.  National reputation.

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Two New Properties Listed

Logan Babin Real Estate, commercial and industrial specialists in South Louisiana, has two new vacant land listings to announce.

The first is 9.55 acres of cleared land near the corner of LA Hwy 24 and Coteau Road. It is 1.8 miles south of US Hwy 90 and has frontage on Hwy 24, Coteau Rd., and access to Alcee St. It is prefect for commercial, industrial, or residential development. This listing can be viewed at: 2764 Coteau Road – 9.55 Acres

The next new listing is a 0.972 acre lot just off of Hwy 311 on N. LaCarpe Court. It is zoned I1-Heavy Industrial and is in current Flood Zone C and proposed Flood Zone X. This listing can be viewed at: 142 North LaCarpe – 1 Acre Industrial Lot

If you are looking to buy or sell commercial, industrial, or development property, contact Hank Babin at Logan Babin Real Estate.  We don’t just place our sign on your property….we place our reputation on it!

Logan Babin Real Estate and Appraisals.  Local Knowledge…National Reputation.

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Logan Babin Real Estate Brokers Sale of Shipyard

Logan Babin Real Estate, commercial and industrial real estate specialists in South Louisiana, recently brokered the sale of the former Quality Shipyard facility on LA Hwy 182 in Houma.  The 24.6 acre fabrication yard on the Gulf Intracoastal Waterway was purchased for $3.15 million.  The site was strategically located to take advantage of road and water accessibility.  It featured a fabrication building, warehouses/shops, offices, and over half of a private slip.

“We are proud to be able to close this transaction to the benefit of our clients,” agent Logan “Hank” Babin, III said.  “And we look forward to seeing this site continue to be a productive economic engine for Terrebonne Parish.”

If you are buying or selling commercial or industrial real estate in South Louisiana, trust the team at Logan Babin Real Estate to produce for you.  We don’t just place a sign on your property.  We place our reputation on it.

Logan Babin Real Estate and Appraisals.  Local knowledge.  National reputation.

Follow us on Twitter at @LoganBabinRE or click HERE for one of our downloadable brochures.

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Forbes names LA “America’s New Frontier for Business”

Louisiana’s commercial and industrial real estate market should get a boost as Forbes magazine recently named Louisiana “America’s New Frontier for Business Opportunity”.  The article suggests this is due to our governmental reform, economic development efforts, and adapting and overcoming.

You can read the full article here: Forbes Article  And if you are searching for the perfect location for your business opportunity, contact Hank Babin at Logan Babin Real Estate.  We are your source for commercial, industrial, and agricultural real estate advice!

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Schottel to build in WLC Subdivision

Schottel announced plans yesterday to build a new industrial facility in East Houma on their recently acquired lot on Denley Road.  The site they selected is part of Walter Land Company’s latest commercial-industrial subdivision.  The Denley-Grand Caillou Commercial Subdivision still has lots available that front Grand Caillou, Denley, and Carrie-Anne Roads.  Elevations are as high as 8.5′ and all lots along Denley Road are currently being upgraded with public sewer service.  Contact Logan Babin Real Estate today for more information or CLICK HERE to see a map and prices.

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School Breaks Ground on WLC Property

The official ground breaking for the new $15.7 million Grand Caillou Middle School took place today in East Houma.  The event was attended by Logan Babin, Jr., a representative for Walter Land Company, which generously donated the property to relocate the oft-flooded school.  The two-story, 57,953 SF facility is expected to open in 2014 on Grand Caillou Road near Woodlawn Ranch Road.  Along with the widening of Gr. Caillou, this represents another great project in East Houma.  Contact us today for available properties near either of these projects!

To read more from Houma Courier, CLICK HERE.

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