Energy and commodities occupiers in Santiago typically cluster in Las Condes (Sanhattan), plan ~240 sqft per seat at trophy fit-out ($740000–1100000/sqft), and pay around 22000 CLP/sqft ($27 USD) on Class A.

  • Preferred submarket: Las Condes (Sanhattan).
  • Typical fit-out spec: Trophy ($740000–1100000/sqft).
  • Plan ~240 sqft per seat for headcount sizing.
  • Class A rent context: 22000 CLP/sqft ($27 USD).
  • Typical lease: 5 years with 4 months rent-free.
  • Talent depth in Santiago: 80/100.

Energy and commodities office space in Santiago

Energy and commodities occupiers in Santiago typically cluster in Las Condes (Sanhattan), plan ~240 sqft per seat at trophy fit-out">fit-out ($740000–1100000/sqft), and pay around 22000 CLP/sqft ($27 USD) on Class A.

TL;DR

  • Preferred submarket: Las Condes (Sanhattan).
  • Typical fit-out spec: Trophy ($740000–1100000/sqft).
  • Plan ~240 sqft per seat for headcount sizing.
  • Class A rent context: 22000 CLP/sqft ($27 USD).
  • Typical lease: 5 years with 4 months rent-free.
  • Talent depth in Santiago: 80/100.

Where they cluster

Energy and commodities occupiers in Santiago typically anchor in Las Condes (Sanhattan). Banking, mining, multinational HQs, professional services, consulting.

What they pay

Class A rent in Santiago runs 22000 CLP/sqft ($27 USD) on a 5-year lease with 4 months free. Trophy submarkets command a 20–40% premium above the city index.

Spec and fit-out

Typical energy and commodities fit-out targets trophy specification at $740000–1100000/sqft. Bespoke design, signature feature, top-tier MEP and acoustic packages are standard.

Headcount sizing

Plan around 240 sqft per seat blended (workstation + circulation + amenity). A 100-headcount energy office in Santiago typically targets 24,000 sqft of leasable area.

Talent angle

Trading floors concentrate in CBD trophy product with redundant power and connectivity; engineering teams scale in suburban energy corridors. Deep mining, banking, and retail talent. Strong feed from Pontificia Universidad Católica, Universidad de Chile, Universidad Adolfo Ibáñez. Spanish-English bilingual professional base.

Tax and lease context

Headline corporate tax: 27%. Net leases. 5-year terms with renewal options. Free rent of 3-6 months and TI of CLP 280,000-500,000/sqm typical. UF (Unidad de Fomento) inflation indexation common.

Key facts

citySantiago
industryEnergy and commodities
naics211, 212, 523130
preferredSubmarketLas Condes (Sanhattan)
preferredFitoutSpecTrophy
fitoutBand$740000–1100000/sqft
sqftPerSeat240
classARentLocal22000 CLP/sqft/yr
classARentUsd$27/sqft/yr
vacancyPct9.4%
typicalLeaseYears5
typicalRentFreeMonths4
talentIndex80
corporateTaxPct27%

Frequently asked questions

Where do energy and commodities occupiers lease office space in Santiago?
Most cluster in Las Condes (Sanhattan). Rent runs ~22000 CLP/sqft ($27 USD) for trophy and prime stock.
What fit-out spec do energy and commodities occupiers run in Santiago?
Typically trophy at $740000–1100000/sqft.
How much office space per seat should a energy and commodities occupier plan in Santiago?
Plan ~240 sqft per seat blended. A 100-person team typically takes 24,000 sqft.
What NAICS codes describe the energy and commodities vertical?
Representative NAICS 2022 codes: 211, 212, 523130.
What is the talent index in Santiago?
80/100. Use the city profile for full detail.

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Editorial provenance

Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.

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