Méndez Álvaro / Atocha prime stock delivers a mid-to-high Cat-A baseline; tenant fit-out is typically Mid or High-end spec.

• Typical spec: 20–40,000 sqft floor plates available across newer Class A stock.
• Madrid fit-out range — Basic $70–100/sqft, Trophy $235–350/sqft.
• Submarket tier: prime.

TL;DR

• Typical spec: 20–40,000 sqft floor plates available across newer Class A stock.
• Madrid fit-out range — Basic $70–100/sqft, Trophy $235–350/sqft.
• Submarket tier: prime.

Spec baseline

20–40,000 sqft floor plates available across newer Class A stock.

Cost bands

City-wide Madrid fit-out bands: Basic $70–100/sqft, Mid $105–155/sqft, High-end $160–235/sqft, Trophy $235–350/sqft.

Key facts

Frequently asked questions

What spec level is normal in Méndez Álvaro / Atocha?

20–40,000 sqft floor plates available across newer Class A stock.

Related

• Méndez Álvaro / Atocha — submarket overview
• Madrid — full city profile
• Madrid submarkets — all
• Méndez Álvaro / Atocha — Rents
• Méndez Álvaro / Atocha — Tenants
• Méndez Álvaro / Atocha — Transit
• Méndez Álvaro / Atocha — Amenity

Editorial provenance

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

Primary sources for this page

• CBRE Marketview reports — CBRE
• JLL Office Insight — JLL
• Cushman & Wakefield Marketbeat — Cushman & Wakefield
• Savills World Research — Savills
• Colliers Global Office Outlook — Colliers

Full sources index · Submit a correction

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• Cross-border Expansion — How to run a coordinated Class A office search across multiple geographies.
• Fit-out Capex — How to budget, sequence, and govern Class A office fit-out capex.
• Lease vs Flex — When premium flex (coworking, managed office) beats a conventional Class A lease — and vice versa.