2022 Office Space Rent & Sales
- $22.43 2022 Avg. Asking Rent
- 19.59% 2022 Office Vacancy Rate
Ridgeland office price per square foot in 2022 was $22.43 on average. The local office market recorded an average vacancy rate of 19.59% across all asset classes combined.
Average Rent by Office Class
2022 Average Office Rent per Square Foot
- Ridgeland Class A & A+ Office Space$24.63
- Ridgeland Class B Office Space$18.79
- Mississippi Class A & A+ Office Space$21.98
- Mississippi Class B Office Space$17.93
- Mississippi Class C Office Space$14.60
Ridgeland, MS Office Asking Rents by Class
Coworking Spaces in Mississippi
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2022 Office Construction in Ridgeland, MS
- Ridgeland, MS Total SF under construction in 2023 85,000
Office building | Address | SF | Completed |
---|---|---|---|
213 Draperton Drive, Suite A | 213 Draperton Drive, 39157 | 6,121 | 2018 |
214 Draperton Drive | 214 Draperton Drive, 39157 | 4,366 | 2014 |
214 Draperton Drive | 214 Draperton Drive, 39157 | 4,366 | 2014 |
200 Renaissance at Colony Park | 1020 Highland Colony Pkwy, 39157 | 345,000 | 2009 |
600 Concourse | 1076 Highland Colony Parkway , 39157 | 72,233 | 2008 |
101 W Washington St | 101 W Washington St, 39157 | 8,235 | 2008 |
300 Concourse | 300 Concourse Blvd , 39157 | 80,000 | 2006 |
625 Parkway Building | 625 Highland Colony Parkway, 39157 | 44,848 | 2004 |
385-B Highland Colony Parkway | 385-B Highland Colony Parkway, 39157 | 99,332 | 2000 |
661 Hwy 51 N | 661 Highway 51 N, 39157 | 5,559 | 1989 |
Worth noting among recent office completions on the Ridgeland market is 213 Draperton Drive, Suite A, which is currently the largest new office development in the city, at 6,121 square feet.
See reports for other markets
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This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2022 through December 31st 2022. Construction pipeline data represented herein is valid as of April 2023. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Ridgeland commercial properties sized 25,000 square feet or larger.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor CommercialEdge can guarantee that the information provided is complete.