The Real Deal New York

Greenwich’s main drag has fifth highest retail rent in the nation, JLL finds

January 18, 2018 01:24PM

With retail rents on Greenwich Avenue averaging $86.53 per square foot, JLL puts Greenwich’s main commercial area to be the fifth most expensive street in the nation. Stores are paying a 177.4 percent premium to be on Greenwich Avenue compared to the rest of Fairfield County, JLL found. San Francisco’s Sand Hill Road, New York City’s Fifth Avenue, San Francisco’s Mission Street and Cambridge, Massachusetts’ Main Street were the locations that cost more than Greenwich, the Fairfield Business Journal reported. [Fairfield Business Journal]