Most listings are in the $10's per square foot per year. The French Quarter region is seeing a an increase in rates. In the last 3 months, the median rate increased $18 per sqft per year.
In the last 90 days, 6 listings have come on the market, which means new listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,300 sqft. Most properties in this market are around 4 floors. Most buildings in this area were built in 1975 and are Class A.
Public administration is the dominant industry in this market. Most of the folk of French Quarter work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in French Quarter.
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