JLL U.S. fit out guide

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JLL U.S. fit out guide

Silicon Valley – The Heart of Tech is officially the most expensive market of 2017. With high materials and labor costs, a standard in the region, Silicon Valley ranks 3rd in standalone build out costs and below national average TI packages do little to offset tenants’ bottom lines.

 

San Francisco – San Francisco landed in 2nd place due to sheer build out costs, but tenant friendly $45 per square foot TI allowances bring the market down a few spots, coming in as the 5th most expensive for tenants, leading NYC by $13 per square foot. 

 

New York City – New York is the number one most expensive city for build out costs alone, but with landlords vying for tenants and sizable TI packages, the market lands in 5th place for effective out of pocket spending.

 

Detroit – In a perfect storm of above average build out costs and minimal TI packages, Detroit swings in as one of the top out of pocket cost markets, beating out Chicago costs by $0.43 per square foot.


as per our monitoring this Story originally appeared

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JLL U.S. fit out guide

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