re: Shell to move NOLA offices to River District

New Orleans office space occupancy has, reportedly, held up better than most because, as noted in the article, this would be the first new class A office space built in the city in decades. And a lot of existing stock has been repurposed as housing.

I don’t actually know the numbers, but core CBD in New Orleans still feels very light as compared to pre-covid. Traffic at rush hour is minimal, office parking is available and foot traffic just seems very light in the buildings. All of that is just my own observations.