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Nov 19, 2015

Austin, Dallas streets make list of most expensive U.S. addresses

​AUSTIN – JLL's "2015 Most Expensive Streets" report​ ranks Congress Ave. in Austin and McKinney Ave. in Dallas among the top ten most expensive streets in the country on which to do...
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by
Austin Business Journal

​AUSTIN – JLL’s "2015 Most Expensive Streets" report​ ranks Congress Ave. in Austin and McKinney Ave. in Dallas among the top ten most expensive streets in the country on which to do business.​

Office prices along Congress Ave. average $48.11 per sf for full service rents, placing it as the No. 7 most expensive street in a Central Business District (CBD) and at No. 11 for streets overall.

McKinney Ave., averaging $43.81 per sf, ranked No. 10 for a CBD street, and lands in the top 20 in the overall most-expensive list.

Louisiana St. in Houston, which also lands in the top 20 in the overall most expensive list, ranked No. 11 for a CBD street.

The top three most expensive U.S. streets for office space in a CBD include Fifth Ave., Manhattan ($119.27 psf), Greenwich Ave., Greenwich, Conn. ($90.25 psf), and Mission St., San Francisco ($89.58 psf). 

The top three most expensive U.S. streets overall include Sand Hill Rd., Menlo Park, Calif. ($141.60 psf); Hamilton Ave., Palo Alto, Calif. ($124.44 psf); and Fifth Ave., Manhattan ($119.27 psf). 

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Written by
Austin Business Journal
Last updated
Mar 28, 2024

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