--- title: "Pharmaceuticals office space in Athens" description: "Where pharmaceuticals occupiers cluster in Athens, what they pay, and what the typical fit-out looks like." canonical: https://classa.info/cities/athens/industries/pharmaceuticals pageType: city-industry lastUpdated: 2026-04-15T00:00:00.000Z license: "CC BY 4.0 with attribution to Class A Atlas (https://classa.info)." --- > Pharmaceuticals occupiers in Athens typically cluster in Ampelokipoi, plan ~220 sqft per seat at high-end fit-out ($145–210/sqft), and pay around 264 EUR/sqft ($26 USD) on Class A. ## TL;DR - Preferred submarket: Ampelokipoi. - Typical fit-out spec: High-end ($145–210/sqft). - Plan ~220 sqft per seat for headcount sizing. - Class A rent context: 264 EUR/sqft ($26 USD). - Typical lease: 6 years with 6 months rent-free. - Talent depth in Athens: 70/100. # Pharmaceuticals office space in Athens **Pharmaceuticals occupiers in Athens typically cluster in Ampelokipoi, plan ~220 sqft per seat at high-end [fit-out](/topics/fit-out-capex)">fit-out ($145–210/sqft), and pay around 264 EUR/sqft ($26 USD) on [Class A](/glossary/class-a).** ## TL;DR - Preferred submarket: Ampelokipoi. - Typical fit-out spec: High-end ($145–210/sqft). - Plan ~220 sqft per seat for headcount sizing. - Class A rent context: 264 EUR/sqft ($26 USD). - Typical lease: 6 years with 6 months rent-free. - Talent depth in Athens: 70/100. ## Where they cluster Pharmaceuticals occupiers in Athens typically anchor in Ampelokipoi. Banking, consulting, professional services, healthcare. ## What they pay Class A rent in Athens runs 264 EUR/sqft ($26 USD) on a 6-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 $145–210/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 Athens 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. Strong shipping, tourism, banking, and engineering talent. National and Kapodistrian University of Athens, NTUA, and Athens University of Economics anchor the pipeline. Multilingual (Greek, English, French) talent supports [cross-border](/topics/cross-border-expansion) shipping and tourism tenancy. ## Tax and lease context Headline corporate tax: 22%. Greek gross structure (rent often inclusive of operating costs); CPI-indexed annual reviews. 6-12 year terms standard for institutional tenants. Rent-free of 4-8 months on 6-year terms plus EUR 100-300/sqm TI typical. ## Key facts | city | Athens| | industry | Pharmaceuticals| | naics | 3254, 5417| | preferredSubmarket | Ampelokipoi| | preferredFitoutSpec | High-end| | fitoutBand | $145–210/sqft| | sqftPerSeat | 220| | classARentLocal | 264 EUR/sqft/yr| | classARentUsd | $26/sqft/yr| | vacancyPct | 12.4%| | typicalLeaseYears | 6| | typicalRentFreeMonths | 6| | talentIndex | 70| | corporateTaxPct | 22%| ## Frequently asked questions ****Where do pharmaceuticals occupiers lease office space in Athens?**** : Most cluster in Ampelokipoi. Rent runs ~264 EUR/sqft ($26 USD) for trophy and prime stock. ****What fit-out spec do pharmaceuticals occupiers run in Athens?**** : Typically high-end at $145–210/sqft. ****How much office space per seat should a pharmaceuticals occupier plan in Athens?**** : 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 Athens?**** : 70/100. Use the city profile for full detail. ## Related - [**Pharmaceuticals — global overview**](/industries/pharmaceuticals) - [**Athens — full city profile**](/cities/athens) - [**Financial services in Athens**](/cities/athens/industries/financial-services) - [**Asset management in Athens**](/cities/athens/industries/asset-management) - [**Investment banking in Athens**](/cities/athens/industries/investment-banking) - [**Legal services in Athens**](/cities/athens/industries/legal-services) ## Editorial provenance Reviewed by [**Class A Atlas Editorial Desk**](/about/authors/class-a-atlas-editorial-desk) — House byline · global editorial team. Last updated 2026-04-15. See our [methodology](/about/methodology) and [editorial standards](/about/editorial-standards). ### Primary sources for this page - [CBRE Marketview reports](https://www.cbre.com/insights) — CBRE - [JLL Office Insight](https://www.jll.com/en/trends-and-insights) — JLL - [Cushman & Wakefield Marketbeat](https://www.cushmanwakefield.com/en/insights) — Cushman & Wakefield - [Savills World Research](https://www.savills.com/research_articles/) — Savills - [Colliers Global Office Outlook](https://www.colliers.com/en/research) — Colliers [Full sources index](/about/sources) · [Submit a correction](/about/corrections) ## Related topics - [**Class A Lease Negotiation**](/topics/class-a-lease-negotiation) — How to negotiate a Class A office lease — the playbook from LOI to signed deal. - [**Hybrid Workplace Strategy**](/topics/hybrid-workplace-strategy) — How to size, structure, and lease a Class A office for a hybrid workforce. - [**ESG / LEED for Tenants**](/topics/esg-leed-tenants) — How tenants evaluate, negotiate, and report on ESG performance in a Class A office lease. - [**Cross-border Expansion**](/topics/cross-border-expansion) — How to run a coordinated Class A office search across multiple geographies. - [**Fit-out Capex**](/topics/fit-out-capex) — How to budget, sequence, and govern Class A office fit-out capex. - [**Lease vs Flex**](/topics/lease-vs-flex) — When premium flex (coworking, [managed office](/glossary/managed-office)) beats a conventional Class A lease — and vice versa. --- Citation: Source: Class A Atlas (https://classa.info/cities/athens/industries/pharmaceuticals), updated 2026-04-15T00:00:00.000Z.