Technically, Highland Park Village is an upscale retail center located on the corner of Mockingbird Lane and Preston Road in Highland Park, Texas, but CBRE researchers consider this 86-year-old property to be the equivalent of a high street in the heavily car-reliant Dallas/Fort Worth area (the center became a National Historic Landmark in 2000). Highland Park Village is the 10th most expensive retail “strip” in the U.S. and 53rd most expensive in the world, with average rents per sq. ft. of $175 per year. It moved up the ranks seven places globally since 2014, even though the rents here stayed flat with last year’s.

Newbury Street in Boston took the number nine spot in the U.S. this year, and the number 43 spot globally, up from 50 in 2014, with rents of $225 per sq. ft.  The rental rate represented an increase of 28.57 percent from the first quarter of 2014.

Newbury Street shares the honor with Walnut Street in Philadelphia, which also boasts rents of $225 per sq. ft. per year and the rank of the 43rd most expensive retail street in the world. The year-over-year increase in rents on Walnut Street was a lot more subdued, however, at 2.27 percent.

Rents on M Street reached $230 per sq. ft. this year, up 2.22 percent from 2014. That put the strip at seventh spot in the U.S. and 41st spot globally, from 43rd place last year.

The 600/700 blocks of Lincoln Road were in the sixth place domestically. Retail rents at this location currently average $350 per sq. ft. per year, an increase of 16.67 percent compared to 2014. This allowed Lincoln Road to move up to the 29th place globally, from 31st place last year.

In fifth place was Kalakaua Avenue, where the rents average $420 per sq. ft. The rent figure is the same as last year, but Kalakaua still moved up five spots globally, to rank as the 21st most expensive retail street in the world.

Retail rents on Michigan Avenue average $480 per sq. ft., the same as last year. Similar to other U.S. streets on the list, Michigan Avenue still moved up in its global rank, to the 16th spot from the 19th in 2014.

Rodeo Drive currently holds the title of the second most expensive street in U.S. and 10th most expensive globally. Retail rents here average $660 per sq. ft., up 10 percent from 2014. It spot in the global rankings remains unchanged.

Rents on New York’s Fifth Avenue are so high only the healthiest and most deep-pocketed retailers can afford them in today’s market. In the first quarter, retail spaces on Fifth Avenue rented for an average of $3,617 per sq. ft.—up 3.34 percent compared to last year. Fifth Avenue also held on to its rank as the second most expensive retail street in the world, behind only Hong Kong’s Russel Street/Causeway Bay.