New Orleans | Metairie Prices-Shopping Center Sector For January and February 2020

There are currently 277 shopping centers listed for sale and for lease, with 261 for lease at an average $10.93 per square foot and 16 for sale at an average price of $114 per square foot, up 20% from the 12 month average of $95 per square foot. Last month, no spaces were leased and 2 sold with an average of 669 days on the market, double the average of 301 days over the last 2 years, which means the shopping centers on the market a long time are finally selling.