Why the Baton Rouge office real estate market is so unpredictable right now 

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    INVESTMENT HESITANCY: Branon Pesnell, first vice president of investments at Marcus & Millichap in Baton Rouge, says an obvious lack of inventory is causing a significant drag on the office market. (Kimberly Meadowlark)

    Virtually no one is bullish about the Baton Rouge office market these days. Most investors and owner-occupant buyers are choosing to sit tight as they wait for some positive movement in the economics of it all, whether it be a drop in interest rates, resurgence of inventory or higher demand for leased space.


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