Where do pharmaceuticals occupiers lease office space in Tel Aviv?

Most cluster in Herzliya Pituach. Rent runs ~220 ILS/sqft ($66 USD) for trophy and prime stock.

What fit-out spec do pharmaceuticals occupiers run in Tel Aviv?

Typically high-end at $1900–2800/sqft.

How much office space per seat should a pharmaceuticals occupier plan in Tel Aviv?

Plan ~220 sqft per seat blended. A 100-person team typically takes 22,000 sqft.

What NAICS codes describe the pharmaceuticals vertical?

Representative NAICS 2022 codes: 3254, 5417.

What is the talent index in Tel Aviv?

90/100. Use the city profile for full detail.

Pharmaceuticals occupiers in Tel Aviv typically cluster in Herzliya Pituach, plan ~220 sqft per seat at high-end fit-out ($1900–2800/sqft), and pay around 220 ILS/sqft ($66 USD) on Class A.

Preferred submarket: Herzliya Pituach.
Typical fit-out spec: High-end ($1900–2800/sqft).
Plan ~220 sqft per seat for headcount sizing.
Class A rent context: 220 ILS/sqft ($66 USD).
Typical lease: 5 years with 6 months rent-free.
Talent depth in Tel Aviv: 90/100.

Pharmaceuticals office space in Tel Aviv

Pharmaceuticals occupiers in Tel Aviv typically cluster in Herzliya Pituach, plan ~220 sqft per seat at high-end fit-out">fit-out ($1900–2800/sqft), and pay around 220 ILS/sqft ($66 USD) on Class A.

TL;DR

Preferred submarket: Herzliya Pituach.
Typical fit-out spec: High-end ($1900–2800/sqft).
Plan ~220 sqft per seat for headcount sizing.
Class A rent context: 220 ILS/sqft ($66 USD).
Typical lease: 5 years with 6 months rent-free.
Talent depth in Tel Aviv: 90/100.

Where they cluster

Pharmaceuticals occupiers in Tel Aviv typically anchor in Herzliya Pituach. Tech R&D (Microsoft, Apple, Intel), AI, cyber, semiconductor design.

What they pay

Class A rent in Tel Aviv runs 220 ILS/sqft ($66 USD) on a 5-year lease with 6 months free. Prime submarkets sit at or modestly above the city index.

Spec and fit-out

Typical pharmaceuticals fit-out targets high-end specification at $1900–2800/sqft. Branded reception, full client-facing programming, premium furniture, and specialist AV are standard.

Headcount sizing

Plan around 220 sqft per seat blended (workstation + circulation + amenity). A 100-headcount pharma office in Tel Aviv typically targets 22,000 sqft of leasable area.

Talent angle

Commercial and medical-affairs teams cluster near academic-medical anchors; large floor plates support cross-functional brand teams. Among the deepest tech, AI, cyber, and defense talent pools globally. Strong feed from Tel Aviv University, Technion, Hebrew University, and the IDF tech units (8200, Talpiot). English fluency is structural in tech.

Tax and lease context

Headline corporate tax: 23%. Net leases. 5-7 year terms standard. Free rent of 4-9 months and TI of ILS 600-1,200/sqm typical on a 5-year deal.

Key facts

city	Tel Aviv
industry	Pharmaceuticals
naics	3254, 5417
preferredSubmarket	Herzliya Pituach
preferredFitoutSpec	High-end
fitoutBand	$1900–2800/sqft
sqftPerSeat	220
classARentLocal	220 ILS/sqft/yr
classARentUsd	$66/sqft/yr
vacancyPct	12.4%
typicalLeaseYears	5
typicalRentFreeMonths	6
talentIndex	90
corporateTaxPct	23%

Frequently asked questions

Where do pharmaceuticals occupiers lease office space in Tel Aviv?: Most cluster in Herzliya Pituach. Rent runs ~220 ILS/sqft ($66 USD) for trophy and prime stock.
What fit-out spec do pharmaceuticals occupiers run in Tel Aviv?: Typically high-end at $1900–2800/sqft.
How much office space per seat should a pharmaceuticals occupier plan in Tel Aviv?: Plan ~220 sqft per seat blended. A 100-person team typically takes 22,000 sqft.
What NAICS codes describe the pharmaceuticals vertical?: Representative NAICS 2022 codes: 3254, 5417.
What is the talent index in Tel Aviv?: 90/100. Use the city profile for full detail.

Editorial provenance

Reviewed by Samuel Okafor — EMEA 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

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