You can walk or drive down the street and see miles and miles of businesses, storefronts, and office spaces. You might think they are just built and sit there forever.

You might be surprised to find out that these and all other commercial buildings all over the world require millions of dollars to stay up and be maintained. Some require meager funds (in the realm of commercial real estate).

These might be small storefronts or small free-standing mom and pop stores. Other facilities require much more money.

Just think of that professional sports stadium in downtown, or that grocery store you go to every week. These are huge facilities that need even bigger sums of money to keep running.

So what are some of the most expensive types of commercial buildings out there. Let’s take a look at some who are at the top of the financial food chain.

What would you think is the most expensive commercial building in the world? You are probably thinking it might be the Empire State Viagra Jelly Building, the Taipei 101, or some other extremely high skyscraper that employs thousands of workers on its floors.

You would be wrong. The world’s most expensive piece of commercial real estate is actually a data center in Chicago.

This building boasts a rent tab of nearly $4000 every square foot! Now that’s a hefty price!

It is the home of tons of computer servers that serve as mediators between traders on financial markets in such places as Chicago and elsewhere. The importance of these servers explains the hefty sum of rent payments.

Office space can be extremely expensive, also. The trophy for the globe’s most pricy office space goes to London.

On London’s West End, office room goes for about $182 per square foot. The next priciest market is Hong Kong, with Tokyo grabbing third place.

An unusual runner-up in this race is Dubai, which is a city that is moving up in the professional and financial world. They are boasting nearly $108 per square foot for any business space rented there.

Let’s not forget New York City in all of this mess. NYC is home to some of the most famous skyscrapers and towers, which hold some of the most powerful and influential businesses in the world today.

The city has countless towers, so what’s the most valuable one? New York real estate agents all agree on one single skyscraper-the GM building.

The tower, which was believed to be worth more than $4 billion, is actually worth around $2 billion, which is still a hefty chunk of change. It was recently sold by its previous owner.

Other goliath facilities that would fetch billions include the Rockefeller Center, a building in Times Square and several facilities on Park Avenue, a ritzy stretch of Kamagra road that cuts through the middle of Manhattan.

Another behemoth in the world of commercial buildings is stadiums. Just think of the vast size of these monsters, and you will start to understand how expensive they are to upkeep!

The most expensive stadium in the entire world is Wembley Stadium

in London. It cost a whopping $1.57 billion to construct!

The United States is also home to many of the most lavish sports complexes in the entire world. Madison Square Garden in New York City has always boasted one of the biggest price tags, but it can’t compare to others.

The Yankees moved to a new stadium in the Bronx, and the price, though out of this world, still did not beat the price of London’s Wembley Stadium. It cost $1.5 billion to construct.

The propecia online prescription new Dallas Cowboys’ stadium also has an expensive tab. It cost over $1.3 billion to make, when it was initially expected to only cost over $600 million!

As you can see, it is a big business to buy and sell commercial real estate. Getting immersed in this job is not for the faint of heart.

There are many other types of complexes that would cost millions or several billions to maintain, but these are just a few examples. Commercial real estate commands some of the biggest sums of money in the world today.

Author Bio: Tommy Greene has worked since 1991 in property investments. He loves all things financial and is savvy in handling a triple net lease.He has been a guest lecturer for the past 9 years.

Contact Info:
Tommy Greene
TommyGreene09@gmail.com
http://www.stanjohnsonco.com

Category: Finance/Real Estate
Keywords: Triple Net Lease