NAI Global's annual real estate report shows that retail rents in all sectors made huge jumps across the board. Downtown rents, for example, jumped more than 17 percent from 2004 while regional mall rents rose 9.5 percent. The study also ranked the priciest retail rents by market and category. West Coast markets, especially San Francisco and Santa Clara, sport some of the highest average rents in the nation.

AVERAGE RENTAL RATES
2002 2003 2004 2005
Downtown Retail $42.18 $39.24 $40.61 $47.67
Neighborhood Centers 18.71 17.43 16.42 20.47
Power Centers 20.44 20.42 21.06 22.55
Regional Malls 41.34 40.12 39.25 43.01
Source: NAI Global
KEEPING SCORE
Highest Average Downtown Rents Highest Average Neighborhood Center Rents Highest Average Regional Mall Rents
San Francisco $154.00 Santa Clara, Calif. 45.00 Phoenix 85.00
Boston 100.00 Miami 38.00 Miami 75.00
Midtown Manhattan 85.67 Westchester, N.Y. 35.00 Santa Clara, Calif. 73.00
Chicago 85.00 Orange County, Calif. 33.00 Long Island, N.Y. 70.00
Palm Beach County, Fla. 65.50 Los Angeles 30.00 Tucson, Ariz. 65.00
Washington, D.C. 52.00 Washington, D.C. 30.00 Portland, Ore. 62.00
Suburban Maryland 47.00 Phoenix 29.00 Washington, D.C. 62.00
Santa Clara, Calif. 45.00 Northern Virginia 28.00 Middlesex/Somerset Counties, N.J. 60.00
Seattle/Puget Sound 42.00 Fort Collins, Colo. 28.00
Miami 41.75 Las Vegas. $120.00
San Francisco $78.00 San Francisco 99.00
Source: NAI Global