Providencia's tenant base is anchored by banking, telecom (telefónica), consulting, professional services.

  • Tier: trophy.
  • Tenant character: Established trophy core with Costanera Center.
  • Average rent: CLP$25,000/sqm/mo · ≈ $30.7 PSF/yr USD.

Providencia, Santiago tenant profile

Providencia's tenant base is anchored by banking, telecom (telefónica), consulting, professional services.

TL;DR

  • Tier: trophy.
  • Tenant character: Established trophy core with Costanera Center.
  • Average rent: CLP$25,000/sqm/mo · ≈ $30.7 PSF/yr USD.

Who clusters here

Banking, telecom (Telefónica), consulting, professional services.

What that means for newcomers

Newcomers to Providencia 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

citySantiago
submarketProvidencia
tiertrophy
averageRentLocalCLP$25,000/sqm/mo · ≈ $30.7 PSF/yr USD
cityClassARentUsd$27/sqft/yr
cityVacancyPct9.4%

Frequently asked questions

What kind of tenants lease in Providencia?
Banking, telecom (Telefónica), consulting, professional services.

Related

Editorial provenance

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

Primary sources for this page

Full sources index · Submit a correction

Related topics