Orleans Parish Industrial

Orleans Parish

Office Space Market Report

Number of Listings (last 90 days)
87
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
2,160
As of: August 18, 2017

Orleans Parish Rates

On average, listings lease in the $20's per square foot per year. The Orleans Parish submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $5 per sqft per year. That's a 27% increase in rent.

Compared to the rest of the Greater New Orleans Region market, the Orleans Parish region has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.

Orleans Parish Listing Supply

In the last 90 days, 87 listings have been made available, so you'll want to check back regularly for new listings. About 59% of the listings in the Orleans Parish 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 on the market, 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 2 stories. Most buildings in this region were built in 0 and are Class B.

Orleans Parish Community

Market Report

Trends and status of the commercial real estate market in Orleans Parish.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Orleans Parish.
Research

Orleans Parish Submarkets