{
  "url": "https://classa.info/cities/madrid",
  "title": "Madrid Class A Office Market",
  "description": "Iberian peninsula's deepest premium office market.",
  "oneSentenceAnswer": "Madrid Class A office rents around €38/sqft/yr · ≈ $41 PSF/yr USD, with 8.6% vacancy and 14 months of typical rent-free on a 7-year term.",
  "tldr": [
    "Castellana axis anchors trophy demand.",
    "Cuatro Torres delivered the largest contiguous trophy floor plates in Spain.",
    "Lease structure is the standard Spanish 5+5 with break rights.",
    "Concessions 12-18 months free on a 10-year deal.",
    "ESG (LEED / BREEAM) is now standard for new build."
  ],
  "keyFacts": {
    "city": "Madrid",
    "country": "Spain",
    "region": "EMEA",
    "classARentLocal": "€38/sqft/yr · ≈ $41 PSF/yr USD",
    "classARentUsd": "$41.040000000000006/sqft/yr",
    "vacancyPct": "8.6%",
    "typicalLeaseYears": 7,
    "typicalRentFreeMonths": 14,
    "submarkets": 5,
    "corporateTaxPct": "25%",
    "talentIndex": 78
  },
  "faqs": [],
  "pageType": "city",
  "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/madrid), updated 2026-04-15T00:00:00.000Z."
}