Mar
22
CBRE Report: World’s Highest Office Rents
ByThe survey covered 34 U.S. markets, 19 of which saw price hikes.
Los Angeles—Three Manhattan submarkets in New York City are among the top 20 most expensive office rent markets in the United States in a new Global Prime Office Rents survey from CBRE Group. The survey named Hong Kong as the world’s highest-priced office market.
The CBRE report, which tracks office rents for prime office space in 121 markets, also found that Chicago had the second fastest-growing prime office rents in the world, with a 19.9 percent increase from 2015 to 2016…
