Pharmaceuticals occupiers in Buenos Aires typically cluster in Microcentro, plan ~220 sqft per seat at high-end fit-out ($1450–2200/sqft), and pay around 14 USD/sqft ($16 USD) on Class A.
Pharmaceuticals occupiers in Buenos Aires typically cluster in Microcentro, plan ~220 sqft per seat at high-end fit-out">fit-out ($1450–2200/sqft), and pay around 14 USD/sqft ($16 USD) on Class A.
Pharmaceuticals occupiers in Buenos Aires typically anchor in Microcentro. Banking, government, traditional professional services, retail HQs.
Class A rent in Buenos Aires runs 14 USD/sqft ($16 USD) on a 5-year lease with 5 months free. Prime submarkets sit at or modestly above the city index.
Typical pharmaceuticals fit-out targets high-end specification at $1450–2200/sqft. Branded reception, full client-facing programming, premium furniture, and specialist AV are standard.
Plan around 220 sqft per seat blended (workstation + circulation + amenity). A 100-headcount pharma office in Buenos Aires typically targets 22,000 sqft of leasable area.
Commercial and medical-affairs teams cluster near academic-medical anchors; large floor plates support cross-functional brand teams. Deepest tech engineering and creative talent in Latin America (per capita). Strong feed from UBA, ITBA, UADE. Spanish-English bilingual professional base. Cost arbitrage versus US/Europe is structural — material for tech engineering services.
Headline corporate tax: 35%. Net leases. 3-5 year terms. Trophy international leases predominantly USD-denominated with USD payment required. Domestic peso leases include high inflation indexation.
| city | Buenos Aires |
|---|---|
| industry | Pharmaceuticals |
| naics | 3254, 5417 |
| preferredSubmarket | Microcentro |
| preferredFitoutSpec | High-end |
| fitoutBand | $1450–2200/sqft |
| sqftPerSeat | 220 |
| classARentLocal | 14 USD/sqft/yr |
| classARentUsd | $16/sqft/yr |
| vacancyPct | 17.4% |
| typicalLeaseYears | 5 |
| typicalRentFreeMonths | 5 |
| talentIndex | 82 |
| corporateTaxPct | 35% |
Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.