Orleans Parish Office Space

Orleans Parish

Office Space Market Report

Number of Listings (last 90 days)
91
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
1,750
As of: January 18, 2017

Orleans Parish Rates

On average, listings lease in the $20's per square foot per year. The Orleans Parish submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decline in rent.

Compared to the rest of the Greater New Orleans Region market, the Orleans Parish region 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, 95 listings have come on the market, so you'll want to check back regularly for new listings. About 4% of the available space in the Orleans Parish are subleases, so you will probably have to consider a longer term lease. 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 1,750 sqft. Most properties in this region are around 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