Castellana & AZCA's tenant base is anchored by banking, corporate hqs, law firms, consulting.
Castellana & AZCA's tenant base is anchored by banking, corporate hqs, law firms, consulting.
Banking, corporate HQs, law firms, consulting.
Newcomers to Castellana & AZCA 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.
| city | Madrid |
|---|---|
| submarket | Castellana & AZCA |
| tier | trophy |
| averageRentLocal | €45/sqft/yr · ≈ $48.6 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.