In our second episode, associate news editor Rich Collins talks to Mike Siegel, the president and director of office leasing at Corporate Realty, about the effects of COVID-19 on the New Orleans real estate market. He shares his thoughts on the hospitality side of the industry, which will be the hardest hit, to the pandemic’s effect on the demand for office space.
Mike Siegel has been involved in many complex commercial real estate transactions in the New Orleans market. With more than 30 years of specialization in office leasing and office brokerage, he has been a part of the growth and maturation of the New Orleans office market.Â
Siegel’s past major lease negotiations include Tulane University, Capital One Bank, Freeport McMoRan, DXC Technology, Peoples Health and Entergy.
Siegel’s major investment transactions include the sale of the one million square-foot Place St. Charles office building ($103 million) on behalf of Loeb Partners Realty, the Galleria in Metairie on behalf of Columbus Properties ($56.5 million) and the sale of One American Place in Baton Rouge on behalf of Prudential ($28 million).
Siegel is a graduate of Tulane University and is very active in leadership positions in local professional and community organizations.
