Branon W. Pesnell, CCIM, SIOR, and director of the Baton Rouge market for Corporate Realty, was quoted in a March 30, 2023, article by The Advocate that addressed rapidly rising interest rates throughout the commercial real estate market. “There has not been, in my 20-plus years in the business, a time when we’ve seen rates rise as rapidly as they have,” he said. The article, “‘Chilling Effect’: Baton Rouge Real Estate Investors Wary of Rapid Rise in Interest Rates,” discussed how this kind of increase is affecting commercial real estate activity in the Baton Rouge area. To learn more, please read the full article or contact Branon at 225.228.3750 and bpesnell@corp-realty.com.