New Orleans Prices-Shopping Center Sector For October & November

There are currently 284 shopping centers listed for sale and for lease, with 264 for lease at an average $16.73 per square foot and 20 for sale at an average price of $104 per square foot, down 25% from last month’s $139.28 per square foot. Last month, 5 spaces were leased and one sold with an average of 58 days on the market, dramatically less than the average of 268 days over the last 2 years.

shopping center new orleans msa market prices