Frost Bank Tower Lease Rate
The new rate quoted by Austin’s premier Class A building downtown, Frost Bank Tower, is $27 + $15.90 NNN = $42.90 per square foot per year! Just to bring this into perspective… you would spending about $12,870 per person per year on rent and that doesn’t even include parking!
The average B Class suburban office building in NW Austin is running about $24.00 with all bills paid. Could you justify paying almost double the amount of rent?
chadjewell @ March 4, 2008