Castellana & AZCA's tenant base is anchored by banking, corporate hqs, law firms, consulting.

  • Tier: trophy.
  • Tenant character: The historic CBD spine.
  • Average rent: €45/sqft/yr · ≈ $48.6 PSF/yr USD.

Castellana & AZCA, Madrid tenant profile

Castellana & AZCA's tenant base is anchored by banking, corporate hqs, law firms, consulting.

TL;DR

  • Tier: trophy.
  • Tenant character: The historic CBD spine.
  • Average rent: €45/sqft/yr · ≈ $48.6 PSF/yr USD.

Who clusters here

Banking, corporate HQs, law firms, consulting.

What that means for newcomers

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.

Key facts

cityMadrid
submarketCastellana & AZCA
tiertrophy
averageRentLocal€45/sqft/yr · ≈ $48.6 PSF/yr USD
cityClassARentUsd$41/sqft/yr
cityVacancyPct8.6%

Frequently asked questions

What kind of tenants lease in Castellana & AZCA?
Banking, corporate HQs, law firms, consulting.

Related

Editorial provenance

Reviewed by Samuel Okafor — EMEA contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.

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