Houston’s Main Street among most-expensive in U.S. for office leases

What do the Scanlan Building, Great Jones Building and BG Group Place have in common? 

They’re all located on Houston’s most expensive street for office leases, according to a study by Chicago-based JLL (NYSE: JLL). Central Business District’s Main Street is No. 21 on JLL’s list of the most-expensive commercial leases in the U.S., and it’s the only street in Houston to make the list of 47.

The average full-service rent on Main Street is $44.24 per square foot, which is nearly 45 percent higher than the average rent in Houston at $30.55. However, Main Street’s price is a steal — JLL noted that the average rent on high-profile streets across the U.S. are $48.65 per square foot.

Click to read more at Houston Business Journal.