{
  "url": "https://classa.info/cities/madrid/growth-and-availability",
  "title": "Madrid Class A office availability and pipeline",
  "description": "Current availability, pipeline, and absorption dynamics for Madrid Class A office space.",
  "oneSentenceAnswer": "Madrid Class A vacancy is 8.6% with the market trending rising — pipeline visibility matters more than headline vacancy.",
  "tldr": [
    "Headline vacancy: 8.6%; trend rising.",
    "Trophy submarket (Castellana & AZCA) typically clears at half headline vacancy.",
    "New construction lead time is 36–60 months — pipeline is largely fixed for the next cycle.",
    "Pre-let activity dominates the new-build pipeline."
  ],
  "keyFacts": {
    "city": "Madrid",
    "country": "Spain",
    "region": "EMEA",
    "classARentLocal": "€38/sqft/yr · ≈ $41 PSF/yr USD",
    "classARentUsd": "$41/sqft/yr",
    "vacancy": "8.6%",
    "typicalLeaseYears": 7,
    "typicalRentFreeMonths": 14,
    "submarkets": 5,
    "primeYieldPct": "4.6%"
  },
  "faqs": [
    {
      "question": "Is Madrid Class A office tight right now?",
      "answer": "Headline vacancy is 8.6%. Trophy is materially tighter; older Class A and Class B carry the long tail."
    }
  ],
  "pageType": "city-topic",
  "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/growth-and-availability), updated 2026-04-15T00:00:00.000Z."
}