BOMA Releases List of Most and Least Expensive Office Markets
Ever wonder how your city’s office costs compare to other cities? The Building Owners and Managers Association (BOMA) International has answered that question for you using data from its 2016 Office Experience Exchange Report (Office EER). They have compiled a list of the most and least expensive cities, in terms operating expenses and rental rates, to have an office.
To no surprise, New York tops both the rental income and operating expenses categories, with San Francisco and Washington D.C. not too far behind.
To learn more about these rankings, please check out BOMA’s press release here.