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New Orleans Offices
Trying to find the ideal executive office suite or commercial office space in New Orleans, LA can be a time consuming and frustrating process. The current economic times in which we live has made for a tougher business climate and has made it necessary for all businesses (or individuals like investment advisors, doctor’s, advertising representatives, etc) to find the ideal commercial office spaces with the most value. Even in today’s tumultuous market, we can help you find and lease New Orleans office space. Officespaceheaven.com offers a free service and has a proven track record to help any sized business be successful with their search for commercial office space in New Orleans. The city of New Orleans is the largest city in the grand state of Louisiana. It is a heavily French influenced city with distinct architecture, celebrations, festivals, culture and so much uniqueness to it that it rivals any major city in the United States. The city has a population of 336,644 in the core and upwards of 1,167,294 in the metropolitan area. The city is located in the southeastern part of the state and straddles the Mississippi river. Although the city has seen major catastrophic disasters in recent years, it has bounced back with great vigor and has grown to be one of the major comeback stories in recent memory. We service all areas in the local New Orleans area. We also provide office space in Atlanta, Jacksonville and St. Louis.
Office Space Rates
Despite an unemployment rate above the national average, the greater New Orleans area is full of new commercial real estate developments. After Katrina hit, the area was flooded with a wealth of real estate developments and many are continuing to bring forth work that was done in the wake of the disaster. With that in mind, there are a lot of different options for those looking to house, grow or even start a business in the area. There are many office spaces that start under $1.85 a square foot and many with large warehouses, free utilities and retail storefronts that rival any other large city. Furnished and move in ready office suites will start at $549 a month. Other popular types are virtual offices, shared space offices and fully furnished suites. The community is bouncing back in terms of business and many people are taking advantage of this, bringing jobs and commerce to a hard struck community. The office vacancy rate of New Orleans has hovered around 15% in recent months and has started to lower as more people invest in the community through small and medium size businesses. Tenants should negotiate rental rates with landlords due to these high vacancy rates. Sublease options should also be explored. See our office space articles for more information.
New Orleans Economy
The greater New Orleans area has a bolstering economy in many different sectors. It is home to one of the largest, busiest ports in the world and has a large maritime industry. The region is also rich in oil, petrochemical and gas production. The area is also home to roughly 50,000 students in the area with eleven two-and four-year degree institutions of higher learning in the area. With such a large educated workforce available, now is a great time to lease New Orleans office space. Some of the companies that call New Orleans home include Rolls-Royce, Newpark Resources, At&T, Harrah’s Entertainment, Tidewater, Popeyes Chicken & Biscuits, Parsons Brinckerhoff, MWH Global, CH2M Hill, Lockheed Martin and Pan American Life Insurance. The city also generates a great deal of income through tourism as millions flock to the city during several different times to celebrate in the distinct Louisiana parties which include Mardi Gras. Despite the great deal of job opportunities in the area, the city has seen an unemployment rate of around 9.7% which is slightly higher than the national average.
The large airport in the city of New Orleans is the Louis Armstrong International Airport. This large airport is situated alongside the Highway 61 and helps millions of travelers annually go to and from the area. It has recently been retrofitted with all new facades and interiors to help passengers with their travels and keep them comfortable throughout their journey. The crime rate of New Orleans is comparable to a lot of other large cities in the United States. The murder rate in the area was nearly 10 times the national average before Katrina and now that things are starting to look a little better they have declined substantially but are still relatively high. The area has crime rates higher than most cities but that doesn’t deter many entrepreneurs. As with many places, there are some safe neighborhoods to look for and be a part of. Please see our webpage dedicated to commercial office space in New Orleans. We offer a free service and can help any business trying to lease New Orleans office space.