What do the Scanlan Building, Great Jones Building and BG Group Place have in common?
They’re all located on Houston’s most expensive street for office leases, according to a study by Chicago-based JLL (NYSE: JLL). Central Business District’s Main Street is No. 21 on JLL’s list of the most-expensive commercial leases in the U.S., and it’s the only street in Houston to make the list of 47.
The average full-service rent on Main Street is $44.24 per square foot, which is nearly 45 percent higher than the average rent in Houston at $30.55. However, Main Street’s price is a steal — JLL noted that the average rent on high-profile streets across the U.S. are $48.65 per square foot.
Click to read more at Houston Business Journal.