BY THE NUMBERS
LOUISVILLE— According to recent national rankings by CBRE Research, the office markets of both downtown Louisville and its suburbs ranked in the top ten markets with the lowest asking rental rates in the nation. Among the top 50 downtown markets studied by CBRE, Louisville at $16.71 per square foot was ranked as the third overall most affordable in the nation, just behind Albuquerque and St. Louis. And at $17.96 per square foot the Louisville suburban office market was ranked as the 6th overall most affordable market among the 58 suburban markets tracked by CBRE. Markets of a similar size cost much more. For example, Salt Lake City's downtown has a $23.86 per square foot asking rate, and downtown San Jose stands at $58.34 per square foot.
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Brian J. Rogal
Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.
