Orleans Parish Office Space

Orleans Parish

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 22, 2016

Orleans Parish Rates

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

Compared to the rest of the Greater New Orleans Region market, the Orleans Parish submarket has more expensive rates, and you'll need to make a great offer to be in this hot submarket.

Orleans Parish Listing Supply

In the last 90 days, 66 listings have come on the market, so you'll want to check back regularly for new listings. About 3% of the available space in the Orleans Parish are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 2,820 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are around 2 floors. Most buildings in this region 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.

Orleans Parish Submarkets