While many investors have been turned off from buying properties in core markets such as New York, San Francisco and Washington, D.C. because of sky high valuations, there is a reason commercial buildings in those areas have been so prized—namely, pricey rents.
Jones Lang LaSalle has recently put together a list of the most expensive streets for office rents and it does skew heavily toward gateway cities on both coasts.
But don’t assume you know which streets are the most expensive—the study does provide some surprising insights into current conditions in the office sector.
For an in-depth look at the most desirable office locations, click through our slideshow.
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