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Old Posted Mar 29, 2024, 5:24 PM
sooperpaz sooperpaz is offline
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Join Date: Mar 2009
Location: New Orleans, LA
Posts: 107
Quote:
Originally Posted by kingque View Post
^^^^ I'm actually quite surprised by those numbers, in a good way. Occupancy has been a struggle in the most business savvy markets, so the fact that we're hovering around 80% is a great sign.

Regardless of all the doom and gloom that's present on the internet, New Orleans is slowly diversifying and adding decent jobs to the market (and SELA as a whole). Especially when it comes to healthcare, tech and energy.
Right? Supposedly office vacancy is trending up and is supposed to get worse (in NOLA and most other cities), but that doesn't seem to be reflective of the job market. Here's are the trends from GNO Inc's 2023 report:



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