Telefónica HQ campus, retail park.
Telefónica HQ campus, retail park.
Telefónica HQ campus, retail park.
After-hours activity tends to concentrate in adjacent submarkets — easy access by transit.
| city | Madrid |
|---|---|
| submarket | A-1 / Las Tablas |
| tier | established |
| averageRentLocal | €28/sqft/yr · ≈ $30.2 PSF/yr USD |
| cityClassARentUsd | $41/sqft/yr |
| cityVacancyPct | 8.6% |
Reviewed by Samuel Okafor — EMEA contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.