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Overall, office rents increased in 19 out of 34 U.S. markets covered in this survey. Mexico City was the most expensive market in Latin America, with prime office rent of US$50 per sq. ft. and ranking as the 40th most expensive market globally. Prime office rents in Sao Paulo declined but Buenos Aires saw a modest increase. Top 10 (In US$ per sq. ft. per annum) Rank Source: CBRE Research, Q4 2016.

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