Greater New Orleans Region Office Space

Greater New Orleans Region

Office Space Market Report

Number of Listings (last 90 days)
218
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
2,190
As of: July 24, 2017

Greater New Orleans Region Rates

Most listings are in the $20's per square foot per year. The Greater New Orleans Region region is experiencing a a rise in rates. In the last 3 months, the median rate went up $5 per sqft per year. That's a 27% rise in rent.

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

Greater New Orleans Region Listing Supply

In the last 90 days, 218 listings have been made available, so you'll want to check back regularly for new listings. About 103% of the office spaces in the Greater New Orleans Region 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 2,190 sqft. Most properties in this area are close to 1 stories. Most buildings in this area were built in 0 and are Class Class B.

Greater New Orleans Region Community

Market Report

Trends and status of the commercial real estate market in Greater New Orleans Region.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Greater New Orleans Region.
Research