Hancock Whitney Center (One Shell Square)

Catylist Listing ID:	29737188
Property Subtypes:	Office Building
Contiguous Space:	1,596 - 100,000 SF
Total Available:	145,211 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, Absolute Gross, Gross Lease, Modified Gross
In Opportunity Zone?	Yes
Building Name:	One Shell Square
Class of Space:	Class A
Last Updated:	9/17/2021

Overview / Comments

Rising 51 stories from the hear of the heart of the Poydras corridor, Hancock Whitney Center 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. Hancock Whitney Center 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 20 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 Annex

2,950 SF

$19 - 19.50 PSF (Annual) Full Service

Space Available:		2,950 SF
Lease Rate:		$19 - 19.50 PSF (Annual) $4,670 - 4,793 (Monthly)
Lease Type:		Full Service
Space Description:		Corner space, great views of Poydras Street, heavy office, easy access from street.
Space Subcategory:		Office Building
Date Available:		8/1/2020
Space Type:		Relet
Rent Escalators		Step-Up Lease
Rent Escalators Description		Base year for operating expenses and property taxes.

Suite: 2nd floor Annex

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.

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
Minimum Divisible:		1,648 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:		99,000 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:		99,000 SF
Lease Rate:		$19 PSF (Annual) $36,430 (Monthly)
Lease Type:		Full Service
Space Description:		Full floor built out
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: 900

23,009 SF

$19 PSF (Annual) Full Service

Space Available:		23,009 SF
Max Contiguous:		100,000 SF
Lease Rate:		$19 PSF (Annual) $36,430 (Monthly)
Lease Type:		Full Service
Space Description:		Full floor
Space Subcategory:		Office Building
Date Available:		4/1/1920
Space Type:		Relet
Rent Escalators		Step-Up Lease
Rent Escalators Description		Base year operating and tax

Suite: 1000

23,009 SF

$19 PSF (Annual) Full Service

Space Available:		23,009 SF
Max Contiguous:		99,000 SF
Lease Rate:		$19 PSF (Annual) $36,430 (Monthly)
Lease Type:		Full Service
Space Description:		Full floor built out
Date Available:		4/1/2019
Space Type:		Relet
Rent Escalators		Step-Up Lease
Rent Escalators Description		Base year for operating and operating expenses

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: 4150

3,412 SF

$20 PSF (Annual) Full Service

Space Available:		3,412 SF
Lease Rate:		$20 PSF (Annual) $5,686 (Monthly)
Lease Type:		Full Service
Space Description:		Corner space, great views, break room, offices.
Space Subcategory:		Office Building
Date Available:		7/2/2020
Space Type:		Relet
Rent Escalators		Step-Up Lease
Rent Escalators Description		Base year for operating and property tax escalations.

Suite: 4225

3,141 SF

$19.50 - 20 PSF (Annual) Full Service

Space Available:		3,141 SF
Lease Rate:		$19.50 - 20 PSF (Annual) $5,104 - 5,235 (Monthly)
Lease Type:		Full Service
Space Description:		Corner space, 5 offices large conference room, open area.
Space Subcategory:		Office Building
Date Available:		1/18/2021
Space Type:		Relet
Rent Escalators		Step-Up Lease
Rent Escalators Description		Annual increases, base year for operating and taxes.

Suite: 4740

1,770 SF

$19.50 - 20 PSF (Annual) Full Service

Space Available:		1,770 SF
Max Contiguous:		6,184 SF
Lease Rate:		$19.50 - 20 PSF (Annual) $2,876 - 2,950 (Monthly)
Lease Type:		Full Service
Space Description:		Great views, 2 offices on window, break room, conference room.
Space Subcategory:		Office Building
Date Available:		1/18/2021
Space Type:		Relet
Rent Escalators		Step-Up Lease
Rent Escalators Description		Annual escalations, base year for operating and taxes.

Suite: 4760

4,414 SF

$19.50 - 20 PSF (Annual) Full Service,Absolute Gross

Level/Floor:		47
Space Available:		4,414 SF
Max Contiguous:		6,184 SF
Lease Rate:		$19.50 - 20 PSF (Annual) $7,172 - 7,356 (Monthly)
Lease Type:		Full Service,Absolute Gross
Space Description:		Corner space, former law firm, glass entry doors, heavy office layout with some open area.
Space Subcategory:		Office Building
Date Available:		5/1/2021
Space Type:		Relet
Kitchen		Yes
Rent Escalators Description		Annual escalations. Base year for operating, taxes, and insurance.

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
Highway Access:	I-10, Pontchartrain Expressway
Airports:	MSY
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:	18,745	191,107	407,104
Median Age:	39.08	35.85	36.96
Households:	9,804	83,252	170,780

Contact

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