Value of New MSA Residential Construction
Values shown in millions

Real Estate

Prime Industrial Building Prices (Prices listed in dollars per square foot)
Building Size 5,000 - 19,999 20,000 - 39,999 40,000 - 59,999 60,000 - 99,999 100,000 and over	Gross Lease Price/sf $3.30/sf $2.95/sf $2.60/sf $2.50/sf $2.25/sf	Sales Price/sf $25.00/sf $19.60/sf $16.50/sf $14.40/sf $10.30/sf	Construction Cost/sf $40.00/sf $34.00/sf $30.00/sf $27.00/sf $25.00/sf

Office Market

Class A
Average Rental Rates Average Sales Rates	Central Business District $10.65/ sq. ft. $16 - $28/ sq. ft.	Suburban $11.25/ sq. ft. $21 - $22/ sq. ft.

Source: Center for Business and Economic Research and U.L. Coleman Companies