10. Houston suburbs: $31.61 PSF
9. Washington, D.C., suburbs: $31.88 PSF
8. Oakland, Calif. metropolitan area: $32.40
7. Miami-Dade County, Fla., suburbs: $33.31 PSF
6. Seattle suburbs/Puget Sound area: $33.83 PSF
5. Greenwich Avenue in Fairfield County, Conn.
Greenwich Avenue is an upscale shopping and dining destination, featuring architecture that reflects three periods of the city’s development: late 19th century Italiante, early 20th century Georgian Revival and post-WWII commercial style. Its proximity to New York City has made it a popular location for various hedge funds and other financial services firms, which line a portion of the street from Route 1 to the Greenwich train station. These tenants are willing to pay $86.53 per sq. ft. to be located at the heart of the city’s historic district, a whopping $177.4 percent more than the average for the rest of Fairfield County.
6. San Diego
San Diego, with its high quality of life, world-class university and high level of STEM talent, punches above its weight in terms of tech firm presence and new patents issued. Several R&D clusters help to drive the San Diego economy, while this market also scores well in environmental quality.
3. Los Angeles suburbs: $36.48 PSF
2. San Jose suburbs/Silicon Valley: $46.08 PSF
1. San Francisco's peninsula suburbs: $47.40 PSF
