2023 Office Space Rent & Sales
- $22.57 2023 Avg. Asking Rent
- 0.62% Y-o-Y Avg. Asking Rent Change
- 6.86% 2023 Office Vacancy Rate
Ridgeland office price per square foot in 2023 was $22.57 on average. This marked a +0.62% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 6.86% 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
2023 Average Office Rent per Square Foot
- Mississippi Class A & A+ Office Space$20.32
- Mississippi Class B Office Space$19.06
- Mississippi Class C Office Space$19.69
Ridgeland, MS Office Asking Rents by Class
Office Spaces for Rent in Mississippi
Coworking Spaces in Mississippi
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2023 Office Construction in Ridgeland, MS
- Ridgeland, MS Total SF under construction in 2024 85,000
| Office building | Address | SF | Completed |
|---|---|---|---|
| 200 Renaissance at Colony Park | 1020 Highland Colony Pkwy, 39157 | 345,000 | 2009 |
| 101 W Washington St | 101 W Washington St, 39157 | 8,235 | 2008 |
| 207 Jackson St. | 207 W Jackson St, 39157 | 25,778 | 2007 |
| 300 Highland Park Cv | 300 Highland Park Cv, 39157 | 4,784 | 2005 |
| 735 Avignon Dr | 735 Avignon Dr, 39157 | 4,407 | 2003 |
| 127 Dyess Road | 127 Dyess Road, 39157 | 39,475 | 2000 |
| Pear Orchard Office Building | 740 S Pear Orchard Rd, 39157 | 3,225 | 2000 |
| 599 Highland Colony Parkway | 599 Highland Colony Parkway, 39157 | 15,881 | 1999 |
| Northpark Office - Bldg. 2 | 875 Northpark Drive, 39157 | 11,000 | 1999 |
| 298 Commerce Park Drive | 298 Commerce Park Drive, 39157 | 10,900 | 1999 |
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 2023 through December 31st 2023. Construction pipeline data represented herein is valid as of April 2024. 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.