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CitiPlace II is a two story office building on Corporate Boulevard. It benefits from newer construction and finishes with elevator access to the second story. The property has access to the neighboring shopping center which includes Barnes & Noble, Pelican House, On the Border, Jason's Deli, and Another Broken Egg. - Area description: CitiPlace II is situated on the south side of Corporate Boulevard with superior visibility from I-10 and easy access from Acadian and Jefferson. The surrounding shopping centers, residential neighborhoods, office buildings and ease of interstate access increase this areas desirability. - Class of space: Class A - Tenancy: Multiple Tenants
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The typical asking rate per listing is in the $10's per square foot per year. The Mid City South submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 15% rise in rent.
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