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NAI Global Ranks Markets

PRINCETON, NJ-Asia’s lists are dominated by Hong Kong, the most expensive office and retail market, and the second most expensive warehouse market behind Tokyo.

By Debra Hazel | Updated on March 22, 2011

PRINCETON, NJ-It may not surprise anyone that New York City is the most expensive retail market in the US, but it ranks only fourth in North America, behind Montreal, Vancouver and Toronto, according to NAI Global’s 2011 Global Property Prices & Trends report. The locally based firm is headed up by Jeffrey M. Finn.

San Francisco ranks fifth in the most expensive retail listings, but tops the industrial/warehouse list. Following San Francisco in the industrial market are Vancouver, BC; San Diego; Washington, DC; and Orange County, CA. Behind New York in office rents are Washington, DC; Miami’ Montreal; and Vancouver, BC.

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