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.