ONE SHELL SQUARE

Catylist Listing ID:	29737188
Property Subtypes:	Office Building
Contiguous Space:	1,596 - 46,018 SF
Total Available:	99,200 SF
Building Size (RSF):	1,256,971 SF
Gross Building Area:	See Agent
Lease Rate:	$18.50 - 20 PSF (Annual)
Base Monthly Rent:	$2,466 - 36,430
Lease Types:	Full Service, Gross Lease, Modified Gross
In Opportunity Zone?	Yes
Building Name:	One Shell Square
Class of Space:	Class A
Last Updated:	1/24/2020

Overview / Comments

Rising 51 stories from the hear of the heart of the Poydras corridor, One Shell Square is the focal point in New Orleans's vibrant Central Business District. Its central location is within walking distance of federal courts, hotels, restaurants, and French Quarter. Amenities include Elmwood Health Club, Smoothie King, Pizza Primo, Square One Restaurant, Expresso Express, Subway, Rolly Poly, Empire State Deli, sundry shop, shoe shine, hair salon, jewelers, copy shop, dry cleaners, ATM and more. One Shell Square is owned by Hertz Investment Group. Founded in 1979, Hertz Investment Group is a fully-integrated national real estate investment company specializing in the acquisition, marketing and management of exceptional properties throughout the country, encompassing prominent high-rise office buildings, international market centers for fashion, gift and jewelry, historically significant landmark properties, luxury hotels, high profile theaters, large retail centers, and multi-family residential properties.

Expand All Hide All 15 Spaces Available

Suite: 101

3,571 SF

$19 - 19.50 PSF (Annual) Modified Gross

Level/Floor:		1st Floor, Carondelet Street side, outside access
Space Available:		3,571 SF
Lease Rate:		$19 - 19.50 PSF (Annual) $5,654 - 5,802 (Monthly)
Lease Type:		Modified Gross
Space Description:		Retail or office space, ground floor suite with small mezzanine area accessed by stairs. No direct access to building, stand alone suite. Was last used as office space.
Space Subcategory:		Office Building
Date Available:		9/1/1919
Space Type:		Relet
Rent Escalators		Step-Up Lease
Rent Escalators Description		Annual increases in base rent, operating costs and taxes increase above base year.

Suite: 111

2,966 SF

$19 - 19.50 PSF (Annual) Full Service

Space Available:		2,966 SF
Lease Rate:		$19 - 19.50 PSF (Annual) $4,696 - 4,819 (Monthly)
Lease Type:		Full Service
Space Description:		Retail or office, suite located on ground floor, access only from building common corridor. Last suite in building on ground floor, space will need full build out.
Space Subcategory:		Office Building
Date Available:		7/25/2019
Space Type:		Relet
Rent Escalators		Step-Up Lease
Rent Escalators Description		Annual escalations in base rent, operating costs and real estate taxes base year.

Suite: 2nd floor Plaza level

4,742 SF

$19 - 19.50 PSF (Annual) Full Service

Space Available:		4,742 SF
Lease Rate:		$19 - 19.50 PSF (Annual) $7,508 - 7,705 (Monthly)
Lease Type:		Full Service
Space Description:		Very unique space, 20 foot ceiling height, Peridio Street side of building.
Date Available:		4/13/2015
Space Type:		Relet
Rent Escalators		Step-Up Lease
Rent Escalators Description		Annual escalation in base rent, base year for operating costs and taxes.

Suite: 311

1,596 SF

$19 PSF (Annual) Full Service

Space Available:		1,596 SF
Lease Rate:		$19 PSF (Annual) $2,527 (Monthly)
Lease Type:		Full Service
Space Description:		St. Charles Avenue view
Space Subcategory:		Office Building
Date Available:		7/30/2018
Space Type:		Relet

Suite: 312,310, 385

10,935 SF

$18.50 - 19 PSF (Annual) Full Service

Space Available:		10,935 SF
Minimum Divisible:		5,000 SF
Lease Rate:		$18.50 - 19 PSF (Annual) $16,858 - 17,313 (Monthly)
Lease Type:		Full Service
Space Description:		Up to 10,935 rsf available, elevator exposure, can be subdivided. Complete build out required.
Date Available:		4/13/2015
Space Type:		Relet
Rent Escalators		Step-Up Lease
Rent Escalators Description		Annual escalation in base rent, base year for operating costs and taxes.

Suite: 375

2,300 SF

$19 - 19.50 PSF (Annual) Full Service

Space Available:		2,300 SF
Max Contiguous:		10,000 SF
Lease Rate:		$19 - 19.50 PSF (Annual) $3,641 - 3,737 (Monthly)
Lease Type:		Full Service
Space Description:		Elevator exposure, Poydras Street view, heavy office.
Space Subcategory:		Office Building
Date Available:		8/10/2019
Space Type:		Relet
Rent Escalators		Percentage Lease
Rent Escalators Description		Annual increase in rent, base year for operating expenses and property taxes.

Suite: 430

2,560 SF

$18.50 - 19 PSF (Annual) Gross Lease

Space Available:		2,560 SF
Max Contiguous:		4,500 SF
Lease Rate:		$18.50 - 19 PSF (Annual) $3,946 - 4,053 (Monthly)
Lease Type:		Gross Lease
Space Description:		Heavy office layout
Space Subcategory:		Office Building
Date Available:		4/13/2015
Space Type:		Relet

Suite: 450

1,922 SF

$19 - 19.50 PSF (Annual) Full Service

Space Available:		1,922 SF
Max Contiguous:		2,400 SF
Lease Rate:		$19 - 19.50 PSF (Annual) $3,043 - 3,123 (Monthly)
Lease Type:		Full Service
Space Description:		St. Charles and Perido Street corner, offices, break room.
Space Subcategory:		Office Building
Date Available:		8/1/2019
Space Type:		Relet
Rent Escalators		Step-Up Lease
Rent Escalators Description		Base rent annual increases, base year for operating and taxes.

Suite: 700

23,009 SF

$19 PSF (Annual) Full Service

Space Available:		23,009 SF
Minimum Divisible:		18,000 SF
Max Contiguous:		46,018 SF
Lease Rate:		$19 PSF (Annual) $36,430 (Monthly)
Lease Type:		Full Service
Space Description:		Full floor, low rise, mostly open layout
Space Subcategory:		Office Building
Date Available:		9/1/2019
Space Type:		Relet
Rent Escalators		Step-Up Lease
Rent Escalators Description		Annual escalations base rent, base year for operating and taxes.

Suite: 800

23,009 SF

$19 PSF (Annual) Full Service

Space Available:		23,009 SF
Max Contiguous:		46,018 SF
Lease Rate:		$19 PSF (Annual) $36,430 (Monthly)
Lease Type:		Full Service
Space Subcategory:		Office Building
Date Available:		9/1/2019
Space Type:		Relet
Rent Escalators		Step-Up Lease
Rent Escalators Description		Annual escalations base rent, base year for operating and taxes.

Suite: 3520

3,461 SF

$19.50 - 20 PSF (Annual) Full Service

Space Available:		3,461 SF
Lease Rate:		$19.50 - 20 PSF (Annual) $5,624 - 5,768 (Monthly)
Lease Type:		Full Service
Space Description:		Heavy office layout, Superdome view
Space Subcategory:		Office Building
Date Available:		8/1/2019
Space Type:		Relet
Rent Escalators		Step-Up Lease
Rent Escalators Description		Base rent annual escalation, base year for operating and property taxes

Suite: 3674

1,835 SF

$19.50 - 20 PSF (Annual) Full Service

Space Available:		1,835 SF
Lease Rate:		$19.50 - 20 PSF (Annual) $2,981 - 3,058 (Monthly)
Lease Type:		Full Service
Space Description:		Heavy office, river view Poydras Street side.
Space Subcategory:		Office Building
Date Available:		7/23/2018
Space Type:		Relet

Suite: 4350

11,181 SF

$19.50 - 20 PSF (Annual) Full Service

Space Available:		11,181 SF
Minimum Divisible:		4,207 SF
Lease Rate:		$19.50 - 20 PSF (Annual) $18,169 - 18,635 (Monthly)
Lease Type:		Full Service
Space Description:		Former high end attorney space, elevator exposure, Poydras Street, St. Charles Avenue and Perido Street views.
Space Subcategory:		Office Building
Date Available:		8/1/2019
Space Type:		Relet
Rent Escalators Description		Annual escalation base rent; base year for operating cost and real estate taxes.

Suite: 4725

4,513 SF

$19.50 - 20 PSF (Annual) Full Service

Space Available:		4,513 SF
Minimum Divisible:		2,500 SF
Lease Rate:		$19.50 - 20 PSF (Annual) $7,333 - 7,521 (Monthly)
Lease Type:		Full Service
Space Description:		Heavy office, elevator exposure, Poydras Street view.
Space Subcategory:		Office Building
Date Available:		7/26/2019
Space Type:		Relet
Rent Escalators		Step-Up Lease
Rent Escalators Description		Annual increase base rent, base year for operating expenses.

Suite: Annex, 2nd floor

1,600 SF

$18.50 - 19 PSF (Annual) Full Service

Space Available:		1,600 SF
Lease Rate:		$18.50 - 19 PSF (Annual) $2,466 - 2,533 (Monthly)
Lease Type:		Full Service
Space Description:		2nd floor annex building, heavy office, plenty of windows.
Date Available:		4/13/2015
Space Type:		Relet
Rent Escalators		Step-Up Lease
Rent Escalators Description		Annual escalations in base rent, base year for operating costs and taxes.

Additional Details

Nearest MSA:	New Orleans-Metairie
County:	Orleans
Submarket/Township:	Greater New Orleans
Tax ID/APN:	41032941
Market Type:	Large
Property Located Between:	Poydras Street, St. Charles Avenue, and Carondelet Street
Road Type:	Paved, Highway
Property Visibility:	Excellent
Transportation:	Bus, Highway, Taxi
Total Number of Buildings:	2
Number of Stories:	51
Year Built:	1972
Year Renovated:	2015
Parking Type:	Structure
Parking Description:	Twelve story parking garage

Demographic Statistics

Proximity:	1 mile	3 miles	5 miles
Total Population:	19,390	191,107	403,996
Median Age:	39.27	35.85	36.98
Households:	10,193	83,252	169,719

Contact

Bruce P Sossaman Corporate Realty Metairie, LA 70002 LACDB Member Contact me about this Listing