Saurage Rotenberg Commercial Real Estate
09.12.17Harvey’s wrath: $55B worth of Houston commercial real estate may be under water

Article submitted by Corrin Otillio, Sales and Leasing Agent for Saurage Rotenberg Commercial Real Estate

Written by Konrad Putzier | August 31, 2017

As much as 27 percent of Houston’s commercial real estate may be impacted by flooding in the wake of Hurricane Harvey, according to a CoStar analysis of flood maps.

The 12,000 potentially affected properties span 433 million square feet and have a combined value of $55 billion, the real estate data company said. They include 167,281 apartments, 73 million square feet of retail space, 60 million square feet of office space and 11 hospitals.

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Corrin Otillio joined the Saurage Rotenberg Commercial Real Estate team in 2016.  She obtained a bachelor’s degree from Louisiana State University (LSU) where she majored in Mass Communication, concentrated in Political Communication and minored in Business.  While at LSU, Corrin was honored with the top 10% membership award from the sales and marketing fraternity, Pi Sigma Elipson  (ΠΣΕ).  She is currently pursuing her 
Certified Commercial Investment Member (CCIM) designation through the Commercial Investment Real Estate Institute and is a member of the Louisiana CCIM Chapter.  To contact Corrin you can call (504) 250-4563 or email her at corrin@sr-cre.com

Saurage Rotenberg Commercial Real Estate is a member of the Baton Rouge Area Chamber of Commerce (BRAC); the West Baton Rouge Chamber of Commerce; the Baton Rouge Better Business Bureau; the Louisiana Commercial Data Base (LACDB); and the International Council of Shopping Centers (ICSC). Several agents, on an individual basis, are members of the Society of Industrial and Office Realtors® (SIOR), the Certified Commercial Investment Member Institute (CCIM); the National Association of REALTORS® (NAR); and the Greater Baton Rouge Association of REALTORS® Commercial Investment Division (CID).

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H.N. “Hank” Saurage IV, CCIM / Saurage Rotenberg Commercial Real Estate, LLC / Licensed in Louisiana and Mississippi