Hongqiao CBD is best-fit for multinational hqs, logistics, exhibition-related businesses.
Hongqiao CBD is best-fit for multinational hqs, logistics, exhibition-related businesses.
Multinational HQs, logistics, exhibition-related businesses.
Tenants demanding the absolute top-of-market trophy address may find prime tier just below their target.
| city | Shanghai |
|---|---|
| submarket | Hongqiao CBD |
| tier | prime |
| averageRentLocal | $38/sqft/yr |
| cityClassARentUsd | $40/sqft/yr |
| cityVacancyPct | 19.8% |
Reviewed by Kenji Watanabe — APAC contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.