French Quarter - CBD Industrial

French Quarter - CBD

Office Space Market Report

Number of Listings (last 90 days)
26
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
2,160
As of: August 21, 2017

French Quarter - CBD Rates

Most listings are in the $20's per square foot per year. The French Quarter - CBD region is seeing a a rise in rates. In the last 3 months, the median rate increased $5 per sqft per year. That's a 27% rise in rent.

Compared to the rest of the Greater New Orleans Region market, the French Quarter - CBD submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.

French Quarter - CBD Listing Supply

In the last 90 days, 26 listings have come on the market, which means spaces might be going fast. You'll want to be prepared to make an offer immediately. About 150% of the listings in the French Quarter - CBD are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 2,160 sqft. Most buildings in this area are approximately 4 stories. Most buildings in this region were built in 0 and are Class A.

French Quarter - CBD Community

This region is fairly equally mixed residential and commercial. Agriculture is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst French Quarter - CBD folk. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in French Quarter - CBD.
Market Report

Market Data

Real time and historical data on commercial real estate listings in French Quarter - CBD.
Research