Louisiana State Local Information
The main agricultural output for Louisiana is Seafood but Tourism and culture are very important as well generating $5.2 billion per year in revenue. The principal areas of commercial real estate are Metairie and New Orleans. The Metairie office market headline rental rate is around $20 per sq ft for class A space, with New Orleans posting nearer $15. Some of the premier office locations in Metairie are The Galleria, Heritage Plaza and the three Lakeway Center buildings. The central business district in New Orleans has close to 10 million square feet of office space and traditionally benefits from a high occupancy level.
Office Space - Louisiana?
The market for commercial property including serviced offices and executive suites is very wide ranging in the Louisiana area. This is because Louisiana is well connected to local transportation and so is easily accessible. There is a great deal of offices on the market in Louisiana, so choose yours carefully.