2024 Office Space Rent & Sales
- $20.70 2024 Avg. Asking Rent
- 0.58% Y-o-Y Avg. Asking Rent Change
- 21.34% 2024 Office Vacancy Rate
Metairie office price per square foot in 2024 was $20.70 on average. This marked a +0.58% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 21.34% across all asset classes combined.
See how this market compares to the national average: U.S. office space rent & sales.
Average Rent by Office Class
2024 Average Office Rent per Square Foot
- Louisiana Class A & A+ Office Space$18.41
- Louisiana Class B Office Space$19.03
- Louisiana Class C Office Space$16.94
Metairie, LA Office Asking Rents by Class
Office Spaces for Rent in Louisiana
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| Office building | Address | SF | Completed |
|---|---|---|---|
| Metairie Centre | 2424 Edenborn Avenue, 70001 | 93,200 | 1986 |
| NY II Building | 2750 Lake Villa Drive, 70001 | 30,114 | 1985 |
| Burns & Wilcox Center | 2121 Airline Drive, 70001 | 123,360 | 1984 |
| Plumbers Union Building | 2540 Severn Avenue, 70002 | 56,000 | 1984 |
| Newpark Office Condos | 2901 N. Causeway Blvd, 70002 | 16,000 | 1984 |
| 4621 West Napoleon Avenue | 4621 West Napoleon Avenue, 70001 | 46,582 | 1982 |
| 3131 North Interstate 10 Service Road East | 3131 North Interstate 10 Service Road East, 70002 | 48,250 | 1980 |
| Executive Office Tower | 3500 North Causeway Blvd, 70002 | 184,608 | 1973 |
| Causeway Highrise | 3421 North Causeway Blvd, 70002 | 133,691 | 1973 |
| 3501 North Causeway Blvd | 3501 North Causeway Blvd, 70002 | 112,741 | 1973 |
Worth noting among recent office completions on the Metairie market is Metairie Centre, which is currently the largest new office development in the city, at 93,200 square feet.
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This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2024 through December 31st 2024. Construction pipeline data represented herein is valid as of February 2025. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Metairie commercial properties sized 25,000 square feet or larger.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor CommercialEdge can guarantee that the information provided is complete.