In the firm's semi-annual Global 50 Index survey, SanFrancisco's buoyant regional economy and skyrocketing technologysector growth pushed occupancy costs for office tenants to all-timehighs in the last six months.
It also pushed the city from 29th to ninth on the list of thepriciest market in the world. CB Richard Ellis officials said thisis first time that a North American city has ranked in the top10.
The average annual occupancy costs in San Francisco shot up morethan 26% to US $64.70 in the first six months of the year. Over thelast 12 months, occupancy costs have risen 36%, according to thereport.
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