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Cities with the Most Affordable Office Space

A CBRE report looks at the markets with the most affordable lease rates in the nation.

Albuquerque, N.M., has the most affordable office lease rates in the nation, according to a new market research report published by Los Angeles-based CBRE Group Inc. The report found that Albuquerque took the top spot for the cheapest office space at $15.59 per square foot. Louisville came in second, with an average office lease rate of $17.58 per square foot in the first quarter of 2018, and beat third-place Cleveland's average lease rate per square foot of $18.29.

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TAGS: Leasing
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