John McCloudis editor of Industry Property Journal,from which this article is excerpted.
Baton Rouge, LA—Two years after hurricanes Katrina andRita devastated the Gulf Coast, the focus of Louisiana's industrialmarket has shifted north from New Orleans to the Interstate 12corridor linking Baton Rouge and Hammond. The former city isdrawing additional strength from its location along the MississippiRiver, while the latter benefits from its position along Interstate55 heading north to Chicago.
"The market is hot," declares Tony DeMarco, a broker withNAI/Latter & Blum in Baton Rouge. "The Mississippi Riverwas dead for 20 to 30 years, but it's come back since Katrina andRita. A lot of companies in New Orleans had to shut down becausethe infrastructure was out, so they moved here."
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