Saurage Rotenberg Commercial Real Estate
08.06.19The biggest mall owner in the US could be the one to save retailers on the cusp of going out of business

Article submitted by Carmen R. Austin, MBA, CCIM, Associate Broker and Retail Specialist for Saurage Rotenberg Commercial Real Estate, LLC

Written by Lauren Thomas for CNBC.com | July 31, 2019

The biggest mall owner in the U.S., Simon Property Group, on Wednesday said it’s considering more opportunities where it would invest in a retailer to help keep it afloat.

“I think it’s very possible — we’re going to be very smart about it,” Simon CEO David Simon said on a post-earnings conference call when asked if he would consider investing in more of the landlord’s tenants. 

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Carmen R. Austin, MBA, CCIM has been a practicing commercial real estate broker since 2001. She is a graduate of the Louisiana State University (LSU) E.J Ourso College of Business and the LSU Flores Masters of Business Administration (MBA) Program with a specialization in Entrepreneurship and Real Estate Finance. Her experience includes past employment as Regional Director of Leasing at Commercial Properties Realty Trust, the for-profit arm of the Baton Rouge Area Foundation.  Carmen is a graduate of the Jay W. Levine Leadership Development Academy, Class of 2011, and served as the 2010 President of the Louisiana CCIM Chapter.  She currently serves on the National CCIM Institute Board of Directors and the CCIM Institute Education Foundation Board of Directors.

Carmen's affiliations include Louisiana REALTORSGreater Baton Rouge Association of Realtors Commercial Investment Division, International Council of Shopping CentersCommercial Real Estate WomenCertified Commercial Investment Member Institute, National Association of REALTORS, and Urban Land Institute. She is also an active volunteer on the Board of Directors for the Baton Rouge Gallery, LSU MBA Alumni Association, Junior Achievement of Baton Rouge, and the Junior League of Baton Rouge

Saurage Rotenberg Commercial Real Estate, LLC 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