The square foot cost of an office fit-out rose across all 38 U.S. cities under observation in 2023. Fitting out an office space was most expensive in San Jose, CA, where it cost about 215 U.S. dollars per square foot. In other markets, such as St. Louis, MS, Houston, TX, and Indianapolis, IN, the cost was notably lower. A complete office fit out includes the transformation of an empty space into a suitable office environment, including the necessary structures, electrical furnishings, mechanical equipment, and furniture.
Average office real estate fit out cost in the United States from 2022 to 2023, by city
(in U.S. dollars per square foot)
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Cushman & Wakefield. (April 20, 2023). Average office real estate fit out cost in the United States from 2022 to 2023, by city (in U.S. dollars per square foot) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1340283/office-fit-out-cost-north-america-by-city/
Cushman & Wakefield. "Average office real estate fit out cost in the United States from 2022 to 2023, by city (in U.S. dollars per square foot)." Chart. April 20, 2023. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1340283/office-fit-out-cost-north-america-by-city/
Cushman & Wakefield. (2023). Average office real estate fit out cost in the United States from 2022 to 2023, by city (in U.S. dollars per square foot). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1340283/office-fit-out-cost-north-america-by-city/
Cushman & Wakefield. "Average Office Real Estate Fit out Cost in The United States from 2022 to 2023, by City (in U.S. Dollars per Square Foot)." Statista, Statista Inc., 20 Apr 2023, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1340283/office-fit-out-cost-north-america-by-city/
Cushman & Wakefield, Average office real estate fit out cost in the United States from 2022 to 2023, by city (in U.S. dollars per square foot) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1340283/office-fit-out-cost-north-america-by-city/ (last visited November 10, 2024)
Average office real estate fit out cost in the United States from 2022 to 2023, by city (in U.S. dollars per square foot) [Graph], Cushman & Wakefield, April 20, 2023. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1340283/office-fit-out-cost-north-america-by-city/
