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Bruce reports that the class A CBD and Elmwood office markets both showed strong absorption in the second quarter. The CBD class A market absorbed over 28,000 square feet and the Elmwood market absorbed over 27,000 square feet due to the pending sale of the 990 N. Corporate Building sale to an owner/user.
To learn more about the New Orleans CBD and Metairie office markets, download this report, as well as our historical market reports, on our reports page.