Greater New Orleans Region Sublease

Greater New Orleans Region

Office Space Market Report

Number of Listings (last 90 days)
218
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
2,190
As of: May 22, 2017

Greater New Orleans Region Rates

The typical asking rate per listing is in the $10's per square foot per year. The Greater New Orleans Region region is going through a decline in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 16% decline in rent.

Compared to the rest of the Greater New Orleans Region market, the Greater New Orleans Region region has lower 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, 218 listings have been made available, so you'll want to check back regularly for new listings. About 2% of the office spaces in the Greater New Orleans Region are subleases, so you will probably have to focus your search on direct office leases. 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 2,230 sqft. Most buildings in this area are close to 1 floors. Most buildings in this area 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