Property One, Inc.

Property One, Inc. Founded in 1985, Property One, Inc. is the real estate choice for professional property management, leasing, brokerage and consulting services.

We have a strong team dedicated to advancing our clients' goals through our specialized real estate services. Since 1985, Property One, Inc. has been a trusted leader in commercial real estate across Louisiana and the Gulf Coast. We deliver comprehensive property management, leasing, brokerage, and consulting services, with a steadfast commitment to driving long-term success for every client. Our expertise extends to office, retail, industrial, and multifamily properties, as well as homeowner associations. We partner with a diverse clientele—including investors, tenants, buyers, sellers, property owners, and management entities—from local entrepreneurs to national institutions, crafting customized solutions that align with their unique objectives. In 2021, seasoned leaders Michele Casi, CPM, Paul E. Langenwalter III, and Matt Taylor acquired the business from its founders, upholding Property One’s esteemed legacy while introducing fresh innovation and expanded capabilities. Backed by decades of industry experience, our dedicated team emphasizes expertise, integrity, and personalized attention to foster enduring partnerships and support the sustained growth and value of our clients’ real estate endeavors.

SOLD | 2006 Nellie Drive, Slidell, LAAnother successful land transaction for Warren M. Surcouf III!Warren represented th...
09/10/2026

SOLD | 2006 Nellie Drive, Slidell, LA

Another successful land transaction for Warren M. Surcouf III!

Warren represented the buyer in the acquisition of 2006 Nellie Drive, a property that will soon become Camelia House by Peristyle Residences, offering residential assisted living and memory care in Slidell.

This transaction is a great example of the value of strong relationships, local knowledge, and staying committed to a client’s vision for the long term. Warren was able to leverage his relationships and expertise to help navigate the zoning process and position the property for its future development.

Development deals like this take time, but Warren is always willing to work alongside his clients for the long game.

Congratulations to all involved!

CRE 101: Why are commercial leases usually 3, 5, or 10 years?One big reason is tenant improvements.When a tenant leases ...
09/03/2026

CRE 101: Why are commercial leases usually 3, 5, or 10 years?

One big reason is tenant improvements.

When a tenant leases commercial space, the landlord may provide a Tenant Improvement Allowance (TI) to help pay for the build-out — things like walls, flooring, lighting, offices, plumbing, and other improvements needed to make the space work for the tenant.

That build-out can be a significant investment for the landlord.

The lease term matters.

A 3-year lease may make sense when the build-out is relatively simple or the tenant wants more flexibility.

A 5-year lease often provides a good middle ground, giving the landlord time to recover the cost of improvements while giving the tenant stability.

A 10-year lease can make more sense when the tenant requires a substantial build-out. The longer commitment gives the landlord more time to recover that investment through the rent.

In other words, the lease term isn't just about how long the tenant wants the space.

It's also about how much the landlord is investing to get the tenant into that space.

Questions about commercial real estate? Contact Jack Gordon.

Should You Renew Your Commercial Lease or Relocate?CRE 101 | Ask a Broker with Mike D’Amico When your lease is approachi...
08/28/2026

Should You Renew Your Commercial Lease or Relocate?

CRE 101 | Ask a Broker with Mike D’Amico

When your lease is approaching expiration, don't automatically assume renewing is the best option. Take a look at your space, location, total costs, current market conditions, and negotiating leverage before making a decision.

Sometimes renewing and improving your existing space makes the most sense. Other times, relocating can give your business a better location, more efficient space, or better overall terms.

The key is to start early. Understanding your options before your lease expires puts you in a stronger position to make the right decision and negotiate effectively.

Have a lease coming up for renewal? Talk to Mike D'Amico with Property One, Inc. Reach out directly!

Celebrating 15 Years of Excellence: Leon “Lee” Audibert, SIORToday we celebrate a milestone that means a great deal to a...
08/13/2026

Celebrating 15 Years of Excellence: Leon “Lee” Audibert, SIOR

Today we celebrate a milestone that means a great deal to all of us at Property One, Inc.

Fifteen years ago, Leon "Lee" Audibert, SIOR joined our team. In that time, he has become the preeminent industrial broker in Louisiana and one of the most respected industrial advisors on the Mississippi Gulf Coast. With more than $1 billion in career sales and leasing volume, consistent recognition as Industrial Broker of the Year (including four of the past five years), and an SIOR designation held by fewer than 3,500 professionals worldwide, Lee has set a standard few can match.

What makes Lee truly special, though, goes beyond the numbers. He is a critical part of our culture. His work ethic, market mastery, and quiet leadership push everyone around him to raise their game. Clients trust him completely. Colleagues look up to him. And the entire firm is better because he is here.

Lee, thank you for 15 outstanding years. Your excellence inspires us every day. Here’s to many more.

Congratulations, Lee. We’re proud to call you one of our own.

CRE 101: What should you negotiate besides rent? When negotiating an office lease, the rental rate is important—but it's...
08/07/2026

CRE 101: What should you negotiate besides rent?

When negotiating an office lease, the rental rate is important—but it's far from the only term that can impact your business.

We asked Meghan Reed:
"What should you negotiate besides rent?"

Here's what she had to say:
✔️ Tenant Improvement (TI) Allowance — Landlords may contribute toward the cost of customizing your office space, helping reduce upfront expenses.
✔️ Free Rent — Depending on market conditions and lease terms, you may be able to negotiate a period of free rent at the beginning of your lease.
✔️ Lease Term & Renewal Options — The length of your lease and the ability to renew on favorable terms can provide flexibility and long-term stability.
✔️ Expansion or Contraction Rights — If your business grows—or downsizes—you may be able to negotiate options that give you greater flexibility in the future.
✔️ Parking, Signage & Operating Expenses — Details like parking availability, building signage, and how operating expenses are handled can have a significant impact on your overall occupancy costs.

Why it matters:

A successful lease negotiation isn't just about achieving the lowest rental rate—it's about creating terms that support your business today while giving you flexibility for tomorrow.

An experienced broker looks beyond the asking rent to negotiate value throughout the entire lease.

Have questions about office leasing or commercial real estate? Meghan Reed is happy to help. Reach out directly!

Please join us in celebrating Camden St Romain's 3rd anniversary with Property One, Inc.!In just three years, Camden has...
08/06/2026

Please join us in celebrating Camden St Romain's 3rd anniversary with Property One, Inc.!

In just three years, Camden has made a significant impact through his expertise in retail commercial real estate and his unwavering commitment to his clients. Known for going the extra mile, Camden pulls out all the stops to help his clients achieve their goals. His dedication, market knowledge, and results-driven approach have earned him a loyal client base and the trust of those he serves.

Congratulations, Camden, on this milestone, and thank you for your hard work and commitment to Property One. We look forward to seeing all you'll accomplish in the years ahead!

SOLD – Ferguson Enterprises Industrial Facility Hayden Ingram represented the buyer in the acquisition of a newly constr...
08/05/2026

SOLD – Ferguson Enterprises Industrial Facility

Hayden Ingram represented the buyer in the acquisition of a newly constructed single-tenant industrial facility, located in Luling, Louisiana, strategically positioned between the New Orleans and Baton Rouge markets.

This ±15,000 SF property is fully leased to Ferguson Enterprises (NYSE: FERG) under a NNN lease with annual rent escalations and includes a ±50,000 SF paved and fenced yard for added operational flexibility.

This transaction shows that assets backed by essential-use, publicly traded tenants and long-term lease structures continue to attract strong investor demand in the Gulf Coast industrial corridor.

Matt Pitman represented the seller in the transaction. Congratulations to everyone involved!

Sold – Two Tenant Strip CenterCamden St Romain represented the buyer in the acquisition of a two-tenant retail center, l...
07/23/2026

Sold – Two Tenant Strip Center

Camden St Romain represented the buyer in the acquisition of a two-tenant retail center, located at 6212 Siegen Lane, Baton Rouge, LA.

This 6,440 SF property is well located with two great tenants. This transaction shows that assets on established roads like Siegen Lane stay in demand and are attractive to long-term investors.

Clesi Camden, MBA represented the seller in the transaction. Congratulations to everyone involved!

SOLD | Former Mandeville Nursing HomeHayden Ingram represented the buyer in the acquisition of a former nursing home in ...
07/22/2026

SOLD | Former Mandeville Nursing Home

Hayden Ingram represented the buyer in the acquisition of a former nursing home in Mandeville, located at 1820 W. Causeway Approach in Mandeville, Louisiana.

This 52,569-square-foot former 78-bed nursing home sits on approximately 5.8 acres and represents a significant investment on the Northshore. The buyer has plans to convert the facility into an assisted living community.

Congratulations to all parties involved!

We asked Warren M. Surcouf III, MBA, CCIM, “What Does CCIM Mean?”You may have noticed that some commercial real estate p...
07/21/2026

We asked Warren M. Surcouf III, MBA, CCIM, “What Does CCIM Mean?”

You may have noticed that some commercial real estate professionals have "CCIM" after their name. But what does it actually mean?

CCIM stands for Certified Commercial Investment Member, a designation earned through extensive education in commercial real estate investment analysis, market analysis, user decision analysis, and financial modeling.

To earn the designation, candidates complete rigorous coursework, demonstrate significant commercial real estate experience, and pass a comprehensive exam.

Only a small percentage of commercial real estate professionals hold the CCIM designation, making it a recognized symbol of expertise in the industry.

Have a commercial real estate question you'd like answered? Reach out to Warren Surcouf directly.

Address

3500 N. Causeway Boulevard , Suite 600
Metairie, LA
70002

Opening Hours

Monday 8am - 5pm
Tuesday 8am - 5pm
Wednesday 8am - 5pm
Thursday 8am - 5pm
Friday 8am - 5pm

Telephone

+15046813400

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