Orleans Parish Industrial

Orleans Parish

Office Space Market Report

Number of Listings (last 90 days)
69
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
1,760
As of: February 22, 2017

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 rose $1 per sqft per year. That's a 5% increase in rent.

Compared to the rest of the Greater New Orleans Region market, the Orleans Parish submarket has higher rates, and you'll need to pay a premium to be in this hot region.

Orleans Parish Listing Supply

In the last 90 days, 86 listings have been posted online, so you'll want to check back regularly for new listings. About 6% of the available leases in the Orleans Parish are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,890 sqft. Most properties in this area are approximately 2 floors. Most buildings in this market 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