Orleans Parish Industrial

Orleans Parish

Office Space Market Report

Number of Listings (last 90 days)
87
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
3,030
As of: June 28, 2017

Orleans Parish Rates

The typical asking rate per listing is in the $10's per square foot per year. The Orleans Parish region is going through a a boost in rates. In the last 3 months, the median rate rose $20 per sqft per year.

Compared to the rest of the Greater New Orleans Region market, the Orleans Parish submarket has smaller 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 posted online, so you'll want to check back regularly for new listings. About 70% of the listings in the Orleans Parish are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 3,060 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are close to 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