Palm Beach’s Bankers Row one of nation’s Top 10 priciest office markets


Royal Palm Way in Palm Beach ranks No. 9 among the nation’s 10 priciest office markets, according to Jones Lang LaSalle.

The average full-service rent on the strip known as Bankers Row is $58.07 per square foot.

Those are lofty levels by South Florida standards, but rents have barely budged on Royal Palm Way in recent years. In 2011, when Bankers Row was the nation’s seventh-priciest address, the average was $57.99 a foot.

Sand Hill Road in Menlo Park, California, tops the list at $141.60 a square foot. Other Florida streets on the list are Las Olas Boulevard in Fort Lauderdale at No. 13 and Brickell Avenue in Miami at No. 19.

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