French Quarter Office Space

French Quarter

Office Space Market Report

Number of Listings (last 90 days)
11
Median Rate ($/sqft/yr)
$45
Median Size (sqft)
2,570
As of: March 12, 2017

French Quarter Rates

Most listings are in the $40's per square foot per year. The French Quarter region is seeing a an increase in rates. In the last 3 months, the median rate went up $5 per sqft per year. That's a 13% increase in rent.

French Quarter Listing Supply

In the last 90 days, 11 listings have come on the market, which means spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 18% of the office spaces in the French Quarter 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 2,570 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are around 3 floors. Most buildings in this area were built in 1900 and are Class A.

French Quarter Community

A large portion of this area is residential, but there's plenty of office_space. Real estate is the dominant industry in this region. Commute by car is the most popular way to get to work amongst French Quarter occupants. Commuting between 30 and 45 minutes 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 French Quarter.
Market Report

Market Data

Real time and historical data on commercial real estate listings in French Quarter.
Research