Greater New Orleans Region Retail

Greater New Orleans Region

Office Space Market Report

Number of Listings (last 90 days)
237
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
2,000
As of: January 19, 2017

Greater New Orleans Region Rates

On average, listings lease in the $20's per square foot per year. The Greater New Orleans Region region is seeing a a boost in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 3% increase in rent.

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

Greater New Orleans Region Listing Supply

In the last 90 days, 241 listings have been made available, so you'll want to check back regularly for new listings. About 8% of the office spaces in the Greater New Orleans Region 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 2,000 sqft. Most buildings in this market are close to 1 floors. Most buildings in this region 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