{
  "url": "https://classa.info/cities/bogota/rents-and-incentives",
  "title": "Bogotá Class A office rents and incentives",
  "description": "Class A asking rents, concessions, free rent, and tenant improvement allowances in Bogotá.",
  "oneSentenceAnswer": "Headline Class A rent in Bogotá is around COL$110,000/sqm/mo · ≈ $30.7 PSF/yr USD, with 5 months of typical rent-free on a 5-year term.",
  "tldr": [
    "Headline Class A rent: COL$110,000/sqm/mo · ≈ $30.7 PSF/yr USD.",
    "Trophy submarket rents (Calle 100 (Chico Norte)) push to roughly COL$130,000/sqm/mo · ≈ $36.2 PSF/yr USD.",
    "Typical concessions on a 5-year deal: 5 months free rent.",
    "Vacancy stands at 14.6% — market trend is rising.",
    "Use effective rent (face minus PV of concessions), not headline, to compare deals."
  ],
  "keyFacts": {
    "city": "Bogotá",
    "country": "Colombia",
    "region": "Americas",
    "classARentLocal": "COL$110,000/sqm/mo · ≈ $30.7 PSF/yr USD",
    "classARentUsd": "$31/sqft/yr",
    "vacancy": "14.6%",
    "typicalLeaseYears": 5,
    "typicalRentFreeMonths": 5,
    "submarkets": 5,
    "primeYieldPct": "7.8%",
    "trophyRent": "COL$130,000/sqm/mo · ≈ $36.2 PSF/yr USD",
    "primeRent": "COL$95,000/sqm/mo · ≈ $26.5 PSF/yr USD"
  },
  "faqs": [
    {
      "question": "What is the average Class A rent in Bogotá?",
      "answer": "Around COL$110,000/sqm/mo · ≈ $30.7 PSF/yr USD across the broader Class A index. Trophy submarkets like Calle 100 (Chico Norte) command 20–40% above that."
    },
    {
      "question": "How many months of rent-free are normal in Bogotá?",
      "answer": "5 months on a 5-year deal is the standard benchmark. Lease-up product or tenants with strong covenant strength can push higher."
    },
    {
      "question": "Are rents rising or falling in Bogotá?",
      "answer": "The Bogotá Class A market is currently rising. Vacancy is 14.6%, which sets the negotiating context."
    }
  ],
  "pageType": "city-topic",
  "lastUpdated": "2026-04-15T00:00:00.000Z",
  "license": "CC BY 4.0 with attribution to Class A Atlas (https://classa.info).",
  "citation": "Source: Class A Atlas (https://classa.info/cities/bogota/rents-and-incentives), updated 2026-04-15T00:00:00.000Z."
}