Magok's tenant base is anchored by r&d, life sciences, biotech, advanced manufacturing hqs.

• Tier: prime.
• Tenant character: Western R&D and life-sciences district.
• Average rent: $30/sqft/yr.

TL;DR

• Tier: prime.
• Tenant character: Western R&D and life-sciences district.
• Average rent: $30/sqft/yr.

Who clusters here

R&D, life sciences, biotech, advanced manufacturing HQs.

What that means for newcomers

Newcomers to Magok 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

Frequently asked questions

What kind of tenants lease in Magok?

R&D, life sciences, biotech, advanced manufacturing HQs.

Related

• Magok — submarket overview
• Seoul — full city profile
• Seoul submarkets — all
• Magok — Rents
• Magok — Transit
• Magok — Amenity
• Magok — Buildings

Editorial provenance

Reviewed by Kenji Watanabe — APAC 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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