2024 Office Space Rent & Sales
- $23.25 2024 Avg. Asking Rent
- 7.99% 2024 Office Vacancy Rate
Ridgeland office price per square foot in 2024 was $23.25 on average. The local office market recorded an average vacancy rate of 7.99% 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
- Mississippi Class A & A+ Office Space$22.89
- Mississippi Class B Office Space$17.62
- Mississippi Class C Office Space$14.50
Ridgeland, MS Office Asking Rents by Class
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2024 Office Construction in Ridgeland, MS
- Ridgeland, MS Total SF completed in 2024 85,000
During 2024, 85,000 square feet of new office space were delivered across the market. At the close of 2024, the Ridgeland office inventory included 1 buildings equal to or larger than 25,000 square feet, which comprised 85,000 square feet of office space.
Office building | Address | SF | Completed |
---|---|---|---|
200 Renaissance at Colony Park | 1020 Highland Colony Pkwy, 39157 | 345,000 | 2009 |
200 Renaissance at Colony Park | 1020 Highland Colony Pkwy, 39157 | 324,000 | 2009 |
101 W Washington St | 101 W Washington St, 39157 | 8,235 | 2008 |
700 Avignon | 700 Avignon Dr, 39157 | 5,216 | 2008 |
992 Northpark Dr Office For Lease | 992 Northpark Dr, 39157 | 5,032 | 2008 |
300 Renaissance at Colony Park | 1018 Highland Colony Pkwy, 39157 | 202,785 | 2006 |
100 Renaissance At Colony Park | 1022 Highland Colony Pkwy, 39157 | 51,477 | 2006 |
605 Crescent Blvd | 605 Crescent Blvd, 39157 | 24,675 | 2004 |
601 Crescent Blvd | 601 Crescent Blvd, 39157 | 13,652 | 2004 |
725 Avignon Dr | 725 Avignon Dr, 39157 | 12,500 | 2002 |
Worth noting among recent office completions on the Ridgeland market is 200 Renaissance at Colony Park, which is currently the largest new office development in the city, at 345,000 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 Ridgeland 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.