{
  "url": "https://classa.info/cities/panama-city/hybrid-work-policy",
  "title": "Panama City hybrid work and office demand",
  "description": "How hybrid policies are shaping office demand and design in Panama City's Class A market.",
  "oneSentenceAnswer": "Hybrid policies in Panama City have compressed total demand but increased per-sqft quality requirements — the surviving demand is institutional Class A, not Class B.",
  "tldr": [
    "Hybrid is a permanent design constraint, not a phase.",
    "Density assumptions have moved from ~120 sqft/seat to ~150–180 sqft/seat in most Class A programmes.",
    "Meeting-room intensity has roughly doubled vs pre-2020 baselines.",
    "The 'office as destination' model is now the default brief."
  ],
  "keyFacts": {
    "city": "Panama City",
    "country": "Panama",
    "region": "Americas",
    "classARentLocal": "$264/sqm/yr · ≈ $24.5 PSF/yr USD",
    "classARentUsd": "$25/sqft/yr",
    "vacancy": "26.4%",
    "typicalLeaseYears": 5,
    "typicalRentFreeMonths": 10,
    "submarkets": 5,
    "primeYieldPct": "7.4%"
  },
  "faqs": [
    {
      "question": "How should I size a Panama City office for hybrid?",
      "answer": "Plan for 60–80% peak occupancy. Use 150–180 sqft/seat for hybrid Class A (vs 120 sqft pre-2020). The Office Space Calculator handles both modes."
    }
  ],
  "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/panama-city/hybrid-work-policy), updated 2026-04-15T00:00:00.000Z."
}