These Are The Top 12 Prime Retail Markets In The US
Retailers pay the highest rents in these dozen markets for the best quality space in the country, according to CBRE's Global Prime Retail Rents report.
(All rents as of Q2 2016)
1) New York
Street: Fifth Avenue (56th to 58th streets)
Rent: $4k/SF
2) Los Angeles
Street: Rodeo Drive
Rent: $700/SF
3) San Francisco
Street: Union Square
Rent: $675/SF
4) Chicago
Street: Michigan Avenue
Rent: $525/SF
5) Honolulu
Street: Kalakaua Avenue
Rent: $420/SF
6) Miami
Street: Lincoln Road Mall
Rent: $325/SF
7) Washington, DC
Street: 7th Street (F to H streets)
Rent: $250/SF
8) Boston
Street: Newbury Street
Rent: $225/SF
9) Philadelphia
Street: Walnut Street
Rent: $225/SF
10) Dallas
Street: Highland Park Village
Rent: $185/SF
11) Seattle
Street: 6th & Pine
Rent: $100/SF
12) Denver
Street: Cherry Creek North
Rent: $70/SF
