Corporate Realty Publishes Office Leasing Report for 2nd Quarter of 2019

Corporate Realty is proud to publish our 2nd Quarter 2019 Office Leasing Report prepared by Bruce Sossaman, Leasing Director of the Lakeway Center and Broker Associate.

Bruce reports that the New Orleans CBD and Metairie office markets saw approximately 160,000 square feet of positive absorption in the 2nd quarter of 2019. This marks a big turnaround from the 1st quarter where the market saw mostly negative absorption.  With the closing of 1010 Common Building by year end,  the market should see further absorption as the tenants in that building migrate to other office buildings in the New Orleans CBD and Metairie. 

Click here to download the full report. 

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.