Monday, August 18, 2008
The most expensive office market in the world is London. There are three markets within it - the city, West End and Midtown, priced at $129, $259 and $ 119 a sq foot, respectively. In parts of Midtown Manhattan, the going rate for office space is $100 per-sq-ft, per year, according to Cushman & Wakefield. This rate beats London's fourth most expensive market, Canary Wharf, where space is priced at $84 per-sq-ft.