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The Honolulu Advertiser

Updated at 1:40 p.m., Monday, July 23, 2007

Latest Honolulu office rents below national average

Advertiser Staff

Downtown Honolulu's office rents averaged $34.56 a square foot during the second quarter, or less than the national average of $46.81, according to Colliers International, a real estate services firm.

Colliers' survey of rents in 49 U.S. cities found rents ranging from $17.40 a square foot in Bakersfield, Calif., to $92.31 a square foot for prime spots in the midtown Manhattan market within New York City.