Orleans Parish Industrial

Orleans Parish

Office Space Market Report

Number of Listings (last 90 days)
91
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
2,170
As of: December 2, 2016

Orleans Parish Rates

Most listings are in the $20's per square foot per year. The Orleans Parish region is going through a a rise in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 12% increase in rent.

Compared to the rest of the Greater New Orleans Region market, the Orleans Parish region has more expensive rates, and you'll need to make a great offer to be in this hot submarket.

Orleans Parish Listing Supply

In the last 90 days, 91 listings have been listed, so you'll want to check back regularly for new listings. About 3% of the listings in the Orleans Parish are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 2,260 sqft. Most properties in this region are approximately 2 stories. Most buildings in this area were built in 0 and are Class 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