Dallas priciest office address? See McKinney Avenue
DALLAS – Dallas’ McKinney Avenue is the most expensive business address, according to a new report by commercial real estate firm JLL.
In its annual "America’s Most Expensive Streets" report, McKinney Avenue gets the call out with office rents of $43.81 per sf, almost twice the overall average for North Texas.
You can thank first class office projects like the Crescent and 2000 McKinney with pushing the street’s rents to the top of the cost dial.
However, McKinney Avenue’s rents are not as high as the $48.11 per sf on Austin’s Congress Ave., according to JLL.
Dallas’ highest office prices, however don’t even register among the most expensive U.S. locations, with San Francisco’s Sand Hill Road offices at $141.60 per sf and Silicon Valley’s Hamilton Avenue offices at $124.44 per sf.
See JLL’s "America’s Most Expensive Streets" for the full report.
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