I was recently reading the October issue of Commercial Investment Real Estate, which is put out by CCIM. They always publish interesting statistics and one that made me pause was a table showing the most expensive office markets in the world. The most expensive being:
1. Hong Kong @ $290/sf/year 2. London @ $262/sf/year 3. Beijing @ $188/sf/year
With downtown Boise office rates in the $20 - $30/sf/year for Class A space, we truly are a bargain!