Lake Charles, long celebrated for its unique blend of culture, history, and natural beauty, is now emerging as a focal point for commercial real estate development in Southwest Louisiana. The city’s growth is driven by several key trends that are transforming the local landscape and positioning Lake Charles as a dynamic hub for business and investment. As we look to the future, these trends offer a glimpse into the exciting opportunities that lie ahead for the city and its commercial real estate market.
One of the most notable trends in Lake Charles is the rise of mixed-use developments. These projects are designed to integrate residential, commercial, and recreational spaces into a single, cohesive environment. As Lake Charles continues to grow, the demand for versatile spaces that cater to a variety of needs has increased. Mixed-use developments offer a solution by creating vibrant, self-contained communities where people can live, work, and play without needing to travel far.
In Lake Charles, several mixed-use projects are already in the works, blending retail spaces with residential units, office spaces, and entertainment venues. These developments not only cater to the needs of the city’s growing population but also attract businesses looking to establish themselves in dynamic, high-traffic areas. By fostering a sense of community and convenience, mixed-use developments are setting the stage for the future of urban living in Lake Charles.
As environmental concerns become increasingly important, sustainability has become a major driving force in commercial real estate. In Lake Charles, this trend is evident in the growing number of green buildings and sustainable developments. Developers are increasingly incorporating eco-friendly practices into their projects, such as using energy-efficient materials, implementing water conservation measures, and integrating renewable energy sources like solar panels.
This focus on sustainability is not just about meeting regulatory requirements—it’s also about appealing to a more environmentally conscious market. Businesses and consumers alike are seeking out spaces that align with their values, and sustainable buildings are becoming a key factor in commercial real estate decisions. In Lake Charles, this trend is helping to shape a more sustainable future, with commercial developments that not only reduce their environmental footprint but also enhance the quality of life for residents and workers.
Lake Charles is experiencing a renaissance in its downtown areas, with efforts to revitalize and redevelop key commercial districts. The focus is on preserving the city’s historic charm while introducing modern amenities and spaces that cater to today’s businesses and consumers. This revitalization has led to a surge in demand for commercial properties in downtown Lake Charles, as businesses look to capitalize on the area’s increasing foot traffic and vibrant atmosphere.
Restoration projects are breathing new life into historic buildings, transforming them into trendy offices, retail spaces, and restaurants. At the same time, new developments are filling in the gaps, creating a seamless blend of old and new. This downtown revival is attracting a diverse mix of businesses, from tech startups to boutique shops, all eager to be part of Lake Charles’ evolving commercial scene.
As Lake Charles continues to establish itself as a key player in the regional economy, the city has witnessed significant growth across several sectors, driving demand for industrial, logistics, LNG, and gaming real estate. The city’s strategic location, with access to major transportation routes, waterways, and ports, makes it a prime hub for manufacturing, distribution, and trade. Over the past few years, there has been a surge in demand for industrial spaces such as warehouses, distribution centers, and manufacturing facilities as businesses leverage Lake Charles’ logistical advantages.
One of the major contributors to this demand is the booming LNG (liquefied natural gas) industry. Southwest Louisiana, including Lake Charles, has become a critical player in the global LNG market, serving as a key export hub for U.S.-produced natural gas. Several large-scale LNG projects in the region are driving an unprecedented need for industrial real estate, both for production facilities and the infrastructure that supports them, including storage, transportation, and supply chain management. These projects have attracted international attention, bringing substantial investments and creating
long-term demand for industrial spaces to support this high-growth sector.
In addition to LNG, Lake Charles’ gaming market has become a powerful driver of the local economy. With several high-profile casinos and resorts, the city has evolved into a premier destination for gaming and entertainment, attracting visitors from across the region and beyond. The gaming industry’s success has created ripple effects across commercial real estate, with growing demand for retail spaces, hotels, entertainment venues, and hospitality services. Developers are increasingly investing in mixed-use projects that integrate commercial, hospitality, and entertainment offerings to cater to the expanding needs of this lucrative market.
The thriving industrial and petrochemical industries continue to be another cornerstone of Lake Charles’ economy. The expansion of the petrochemical sector, which has deep roots in the region, has driven a substantial demand for both industrial and logistics real estate. Companies involved in manufacturing and refining are seeking space to house operations and store materials, while logistics firms look to establish warehouses and distribution centers to support the supply chains that keep these industries running smoothly.
The convergence of these sectors—industrial, logistics, LNG, petrochemical, and gaming—has created a diverse commercial real estate landscape that is both dynamic and resilient. As Lake Charles grows and attracts further investments from these industries, the city’s commercial real estate market is positioned for long-term expansion. This growth is not only supporting the local economy but is also attracting
national and international interest, making Lake Charles a vital part of the Southwest Louisiana business ecosystem.
New Listing: Former Petrochemical Land Site Available
Media Contact: Gary Marsh 415.999.3793 or gary@marshmarketing.com
NAI Latter & Blum/Lake Charles, the brokerage services arm of Redd Properties, has listed a heavy industrial, rail-served 19-acre site adjacent to Interstate 10 in Westlake, LA. The asking rate is $12 per square foot, or a little more than $9.95 million. The land is a former chemical manufacturing site and all of the above-ground infrastructure is scheduled to be removed. Three Class 1 rail companies serve the site – Union Pacific, Kansas City Southern and BNSF. An energy substation is adjacent to the site. Matt Redd, CCIM, SIOR, CRE and Lars N. Pederson Jr. are managing the offer.
Media Contact: Gary Marsh 415.999.3793 or gary@marshmarketing.com
Lake Charles, LA – April 27, 2020: Redd Properties Principal Matt Redd, CCIM, CRE, SIOR, announced today that he has represented Profile Sanford in a retail lease at Lake Charles Marketplace in Lake Charles.
Located at 4740 Nelson Road, the shopping center is anchored by Kroger. Other tenants include Starbucks, Nothing Bundt Cakes, an AT&T store, a nail salon and more. Profile Sanford leased a little over 2,000 square feet in suite 130 of the shopping center. Tenant improvements have been completed and the business plans to open soon.
It is the first Lake Charles franchise for the Profile Sanford, a Sioux Falls, South Dakota-based franchisor that opened its first store in 2012 and now has over 400 stores in all 48-lower states.
The weight loss and health coaching program was developed by doctors and researchers at Sanford Health. The nutrition plan is based on ketogenic principles, or a low-carb, protein-focused diet with moderate sugar (including fruits), alcohol, processed foods and fats. The “Keto” diet is proven to burn fat in humans and facilitates weight loss. Profile sells food – mostly protein bars and shakes plus packaged meals, beverages and desserts. There is an annual membership that includes weekly, in-store meetings with a certified Profile Coach who helps members stay disciplined with their plans. Profile’s core principles are nutrition, activity and lifestyle, believing that diets alone do not work to maintain proper body weight.
NAI Sioux Falls Senior Vice President and Managing Director Gregg Brown, MBA, SIOR, referred Profile Sanford to Matt Redd, who identified the location and negotiated the lease locally on behalf of Profile Sanford. Redd operates Redd Properties, a diverse commercial real estate services company, and is also the Lake Charles broker affiliate with NAI Latter & Blum, which booked the lease. Gregg Brown is the Master Broker for Profile Sanford and has facilitated all of the company’s leases during its expansion. The company plans to have over 500 U.S. locations.
Recently making its debut on the 2019 Entrepreneur Franchise 500 Ranking at No. 164, Profile Sanford provides nutrition, activity and lifestyle coaching to help members lose weight and keep it off. Profile was developed by physicians and researchers at Sanford Health to take the guesswork out of healthy lifestyle change. The Profile Plan is completely personalized to each member and is implemented through one-on-one coaching to deliver sustained results. With its own line of DNA testing, smart scale technology and more than 80 signature food options, Profile helps members actively engaged in the program achieve an average 12 percent weight loss in just 12 weeks, with continued success thereafter. Diets don’t work. Profile does. For more information, visit https://www.profileplan.com/. For more information about available franchise opportunities, visit https://www.profileplan.com/franchise/.
Redd Properties LLC is an independent commercial real estate, multidisciplinary firm with expertise in mid-to-large-scale projects and other developments, build-to-suit construction, project advisory and consulting services, brokerage and transaction management services.
From project strategy and site acquisition to assembling and managing project teams, Redd Properties is the leading full-service commercial property company serving Lake Charles and the greater Southwest Louisiana MSA. Additionally, company Principal Matt Redd is the Lake Charles affiliate of NAI Latter & Blum for brokerage services in his markets.
NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 375 offices strategically located throughout North America, Latin America and the Caribbean, Europe, Africa and Asia Pacific, with 6,000 local market professionals, managing in excess of 1.15 billion square feet of property and facilities. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions throughout the world.
NAI Global provides a complete range of corporate and institutional real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain and logistics consulting and related advisory services. To learn more, visit www.naiglobal.com or www.naiglobalnewslink.com.
Media Contact: Gary Marsh 415.999.3793 or gary@marshmarketing.com
Principal Matt Redd, CCIM, CRE, SIOR, announced today that his firm has completed a lease assignment of a 7,000-square-foot industrial property on 2.5 acres with KAEFER, the Germany-based, international provider of technical services in marine & offshore construction. The lease was completed by NAI Latter & Blum (Lake Charles office), an affiliate of NAI Global, and Matt Redd was the only broker involved.
The property and building, located at 1024 Ravia Road near S. Beglis Parkway in Sulphur, LA, is owned by a local investor. The MSA population for the area is approximately 200,000 and Sulphur is located in Calcasieu Parish.
Redd Properties facilitated and managed the speculative development of the building, which was recently completed. Tenant improvements for KAEFER are underway and the tenant has already occupied the building. The project architect was Jeff Kudla of Kudla Architecture, LLC.
According to Redd, KAEFER formerly occupied an industrial property in New Iberia, LA, and moved those operations to Sulphur after KAEFER won a contract to work on a new LNG plant in the area that is under construction.
More than $187.9 billion in industrial construction projects have been announced in Louisiana since 2012, based on figures tracked by economist and consultant Loren Scott. Work has commenced on about $72 billion of those projects, many of which are petrochemical related (as published in The Advocate in Baton Rouge 9.2, 2019). Handling and storage of liquid nitrogen requires thermal insulation, a type of insulation in which KAEFER is a global market leader.
About KAEFER: https://www.kaefer.com/
Redd Properties LLC is an independent commercial real estate, multidisciplinary firm with expertise in mid-to-large-scale projects and other developments, build-to-suit construction, project advisory and consulting services, brokerage and transaction management services.
From project strategy and site acquisition to assembling and managing project teams, Redd Properties is the leading full-service commercial property company serving Lake Charles and the greater Southwest Louisiana MSA. Additionally, company principal Matt Redd remains the Lake Charles affiliate of NAI Latter & Blum for brokerage services in his markets.
NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 375 offices strategically located throughout North America, Latin America and the Caribbean, Europe, Africa and Asia Pacific, with 6,000 local market professionals, managing in excess of 1.15 billion square feet of property and facilities. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions throughout the world.
NAI Global provides a complete range of corporate and institutional real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain and logistics consulting and related advisory services. To learn more, visit www.naiglobal.com or www.naiglobalnewslink.com.
Redd Properties LLC is an independent commercial real estate, multidisciplinary firm with expertise in mid-to-large,-scale projects and other developments, build-to-suit construction, project advisory and consulting services, brokerage and transaction management services.
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