Denver

Note: All costs are expressed in $US per rentable square foot (RSF).

Figure 8: Denver Cost Breakdown (Mid-Range)

Source: CBRE Research, Turner & Townsend Research, 2025.

25UCLFFO-DENVER

Los Angeles

Note: All costs are expressed in $US per rentable square foot (RSF).

Figure 12: Los Angeles Cost Breakdown (Mid-Range)

Source: CBRE Research, Turner & Townsend Research, 2025.

25UCLFFO-LOSANGELES

Phoenix

Note: All costs are expressed in $US per rentable square foot (RSF).

Figure 18: Phoenix Cost Breakdown (Mid-Range)

Source: CBRE Research, Turner & Townsend Research, 2025.

25UCLFFO-PHOENIX

San Francisco

Note: All costs are expressed in $US per rentable square foot (RSF).

Figure 20: San Francisco Cost Breakdown (Mid-Range)

Source: CBRE Research, Turner & Townsend Research, 2025.

25UCLFFO-SANFRAN

Seattle

Note: All costs are expressed in $US per rentable square foot (RSF).

Figure 21: Seattle Cost Breakdown (Mid-Range)

Source: CBRE Research, Turner & Townsend Research, 2025.

25UCLFFO-SEATTLE

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