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Find Office Space in New Orleans, LA
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- 824 Elmwood Park Blvd
- New Orleans, LA
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- 334 Carondelet St
- New Orleans, LA
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- 330 Carondelet
- New Orleans, LA
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- 800 Perdido St.
- New Orleans, LA
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- 200 Carondelet St
- New Orleans, LA
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- 201 St. Charles Avenue
- New Orleans, LA
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- 228 St. Charles Avenue
- New Orleans, LA
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- 201 St. Charles Ave.
- New Orleans, LA
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- 909 Poydras St
- New Orleans, LA
Market Overview
New Orleans, nicknamed The Big Easy, is arguably the most festive city in the nation. Known for its Mardi Gras celebrations and Creole culture, New Orleans is a lively market that is on the rise.
Transportation is abundant in and around the area; the Louis Armstrong New Orleans International Airport and a well-connected Amtrak station service the city. Residents and tourists in New Orleans find they endure an effortless commute between places of employment, hotels, restaurants and attractions.
Although still recovering from Hurricane Katrina and the recession, New Orleans has been able to sustain economic and job growth in recent years. Over 10 new retail development/expansion projects are underway and have brought new retailers and restaurateurs into the area. The Downtown and Warehouse districts are in high demand for businesses that rely on street retail and foot traffic. The New Orleans community is known for its love of food and as such, the dining industry continues to boom.
The New Orleans area is also known for its maritime, oil and petrochemical industries. The city is home to two of the largest ports in the country as well as the regional headquarters of Royal Dutch Shell and Chevron.
If The Big Easy fits the bill for your business, the time to lease is now. A University of New Orleans forecast projects that the continual urban infill will decrease vacancy rates in the years to come. Current office vacancy is at 9.8% with an average of $15.03/sq. ft.
