Central Business District Office Space

Central Business District

Office Space Market Report

Number of Listings (last 90 days)
72
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
1,800
As of: December 5, 2016

Central Business District Rates

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

Central Business District Listing Supply

In the last 90 days, 47 listings have come on the market, so you'll want to check back regularly for new listings. About 4% of the available leases in the Central Business District are subleases, so you will probably have to consider a longer term 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 2,430 sqft. Most buildings in this region are around 5 floors. Most buildings in this market were built in 0 and are Class A.

Central Business District Community

This region is fairly equally mixed residential and commercial. Utilities is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Central Business District folk. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Central Business District.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Central Business District.
Research