Silicon Valley Offices Priciest in the Country

Move over, Manhattan: the most-expensive offices are in the Bay Area

By Chris Roberts
|  Tuesday, Oct 1, 2013  |  Updated 8:40 PM PDT
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Silicon Valley Offices Priciest in the Country

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Office space in Silicon Valley is the country's most precious.

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Madison Avenue has nothing on Menlo Park.

Office space in the tech-wild Bay Area is supplanting corner windows in midtown Manhattan for title of America's most-precious -- and expensive -- places to work, the Silicon Valley Business Journal reported.

Full-service rents on Sand Hill Avenue in Menlo Park -- where Facebook is headquartered -- now exceed $110.76 per square foot, according to a new survey. On Fifth Avenue in Manhattan, rents are $102.02.

University Avenue in Palo Alto is the third-priciest office address, at $94.92 per square foot.

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