Palermo (Soho & Hollywood)'s tenant base is anchored by tech (mercadolibre, globant), creative agencies, advertising, design firms.

  • Tier: prime.
  • Tenant character: Tech and creative submarket.
  • Average rent: $14/sqm/mo · ≈ $15.6 PSF/yr USD.

Palermo (Soho & Hollywood), Buenos Aires tenant profile

Palermo (Soho & Hollywood)'s tenant base is anchored by tech (mercadolibre, globant), creative agencies, advertising, design firms.

TL;DR

  • Tier: prime.
  • Tenant character: Tech and creative submarket.
  • Average rent: $14/sqm/mo · ≈ $15.6 PSF/yr USD.

Who clusters here

Tech (MercadoLibre, Globant), creative agencies, advertising, design firms.

What that means for newcomers

Newcomers to Palermo (Soho & Hollywood) should expect peer-tenant scrutiny: covenant strength, brand fit, and signage standards are watched closely. Lease-up product underwrites by anchor tenant; secondary tenants typically benefit from anchor halo.

Key facts

cityBuenos Aires
submarketPalermo (Soho & Hollywood)
tierprime
averageRentLocal$14/sqm/mo · ≈ $15.6 PSF/yr USD
cityClassARentUsd$16/sqft/yr
cityVacancyPct17.4%

Frequently asked questions

What kind of tenants lease in Palermo (Soho & Hollywood)?
Tech (MercadoLibre, Globant), creative agencies, advertising, design firms.

Related

Editorial provenance

Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.

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