--- title: "Bogotá Class A Office Market" description: "Colombia's commercial capital with deep banking, oil services, and BPO tenancy." canonical: https://classa.info/cities/bogota pageType: city lastUpdated: 2026-04-15T00:00:00.000Z license: "CC BY 4.0 with attribution to Class A Atlas (https://classa.info)." --- > Bogotá Class A office rents around COL$110,000/sqm/mo · ≈ $30.7 PSF/yr USD, with 14.6% vacancy and 5 months of typical rent-free on a 5-year term. ## TL;DR - Trophy product on Calle 100 trades at COP 110,000-140,000/sqm/month. - Banking, oil services, and BPO anchor structural demand. - Nearshoring driving growing tech and shared-services demand. - 35% corporate tax and SEZ (FTZ) regime structure tenant decisions. # Bogotá Class A Office Market *Colombia's commercial capital with deep banking, oil services, and BPO tenancy.* ## TL;DR - Trophy product on Calle 100 trades at COP 110,000-140,000/sqm/month. - Banking, oil services, and BPO anchor structural demand. - Nearshoring driving growing tech and shared-services demand. - 35% corporate tax and SEZ (FTZ) regime structure tenant decisions. ## Overview Bogotá is Colombia's commercial capital — anchored by deep banking, oil and gas services, and growing nearshoring and BPO tenancy. The [Class A](/glossary/class-a) market has elevated headline vacancy but is recovering. Calle 100 and Salitre / Connecta anchor the [trophy tier](/topics/trophy-asset-selection). ## Market snapshot | Class A rent | 110000 COP/sqft/yr (30.65803286912736 USD)| | Vacancy | 14.6%| | Typical lease length | 5 years| | Typical rent-free | 5 months| Composite of Q1 2026 broker market reports for Bogotá. ## Lease norms Net leases. 5-year terms with [renewal](/topics/lease-renewal-strategy) options. Free rent of 3-6 months and TI of COP 350,000-700,000/sqm typical. ## Transit & access TransMilenio BRT (12 lines, the world's largest BRT system). Bogotá Metro Line 1 under construction (target 2028). El Dorado International Airport (BOG) bus-served. ## Tax 35% Colombian corporate income tax. 19% VAT. ICA municipal tax of 0.4-1.4%. FTZ (Free Trade Zone) regime offers 20% rate plus VAT and customs benefits for qualifying activities. ## Talent Deep banking, oil services, and BPO talent. Strong English fluency in international corporate. Strong feed from Universidad de los Andes, Universidad Nacional, Pontificia Javeriana. ## Notable Class A buildings - **BD Bacatá** [](https://www.google.com/maps/search/?api=1&query=BD%20Bacat%C3%A1%2C%20Calle%2019%20%23%205-15%2C%20Bogot%C3%A1%2C%20CBD%2C%20Bogot%C3%A1%2C%20Colombia&query_place_id=ChIJ3VN9MqKZP44RiMBgSKcIrzI) · CBD — Tallest in Colombia at delivery. - **Atrio Norte Tower 1** [](https://www.google.com/maps/search/?api=1&query=Atrio%20Norte%20Tower%201%2C%20Calle%2028%20%23%2013A-15%2C%20Bogot%C3%A1%2C%20Centro%20Internacional%2C%20Bogot%C3%A1%2C%20Colombia&query_place_id=ChIJDcgOvpyZP44RjJFxJFSus4k) · Centro Internacional — Recent trophy delivery. - **Connecta 80** [](https://www.google.com/maps/search/?api=1&query=Connecta%2080%2C%20Avenida%20Calle%2080%20%23%20100-52%2C%20Bogot%C3%A1%2C%20Salitre%20%2F%20Connecta%2C%20Bogot%C3%A1%2C%20Colombia&query_place_id=ChIJMZwNZgqbP44RjGhdf1lwb1w) · Salitre / Connecta — Multi-block Class A campus on Calle 80 with deep MNC tenancy. - **Davivienda Tower** [](https://www.google.com/maps/search/?api=1&query=Davivienda%20Tower%2C%20Avenida%20El%20Dorado%20%23%2068C-61%2C%20Bogot%C3%A1%2C%20Calle%20100%2C%20Bogot%C3%A1%2C%20Colombia&query_place_id=ChIJkWURtZCbP44Ra_eJs8Lo0-Q) · Calle 100 — Davivienda HQ. - **Torre Colpatria** [](https://www.google.com/maps/search/?api=1&query=Torre%20Colpatria%2C%20Carrera%207%20%23%2024-89%2C%20Bogot%C3%A1%2C%20Centro%20Internacional%2C%20Bogot%C3%A1%2C%20Colombia&query_place_id=ChIJZS1OOpmZP44RsVQLJAFGDD4) · Centro Internacional — Heritage trophy. ## Class A submarkets in Bogotá - [**Calle 100 (Chico Norte)**](/cities/bogota/calle-100) — Bogotá's trophy financial corridor. (trophy) - [**Centro Internacional & Calle 26**](/cities/bogota/centro-internacional) — Government and trophy core. (trophy) - [**Salitre & Connecta Business District**](/cities/bogota/salitre-connecta) — Master-planned trophy frontier. (prime) - [**Chapinero**](/cities/bogota/chapinero) — Boutique creative and tech submarket. (prime) - [**Zona Empresarial Norte (Calle 116-127)**](/cities/bogota/zona-empresarial-norte) — Northern Class A [expansion](/topics/cross-border-expansion). (prime) ## Bogotá deep-dives - [Rents and incentives](/cities/bogota/topics/rents-and-incentives) — What does Class A rent cost and what concessions are typical? - [Sublease market](/cities/bogota/topics/sublease-market) — How deep is [sublease](/topics/sublease-strategy)">sublease availability and how does it price? - [ESG and LEED stock](/cities/bogota/topics/esg-and-leed) — How much certified stock exists and what premium does it command? - [Transit and commute](/cities/bogota/topics/transit-and-commute) — Which submarkets have the strongest transit access? - [Talent and salaries](/cities/bogota/topics/talent-and-salaries) — What does the white-collar talent pool look like and how is it priced? - [Fit-out costs](/cities/bogota/topics/fit-out-costs) — What does a Class A [fit-out](/topics/fit-out-capex)">fit-out cost per square foot? - [Flex vs lease](/cities/bogota/topics/flex-vs-lease) — When does premium coworking beat a traditional lease? - [Taxes and incentives](/cities/bogota/topics/taxes-and-incentives) — What corporate, occupancy, and property taxes apply? - [Neighborhoods overview](/cities/bogota/topics/neighborhoods-overview) — Which Class A submarkets exist and how do they compare? - [Notable buildings](/cities/bogota/topics/notable-buildings) — Which trophy assets define the market? - [Class A vs Class B](/cities/bogota/topics/class-a-vs-class-b) — What is the spread between Class A and Class B and why? - [Leasing conventions](/cities/bogota/topics/leasing-conventions) — What lease structures, terms, and concessions are normal? - [Expansion checklist](/cities/bogota/topics/expansion-checklist) — What is the operational checklist for opening here? - [Relocation guide](/cities/bogota/topics/relocation-guide) — How do you move into this market from another city? - [Frequently asked questions](/cities/bogota/topics/faq) — Quick answers to the questions occupiers ask most. - [Operating expenses](/cities/bogota/topics/operating-expenses) — What service charges, OpEx, and pass-throughs apply on top of rent? - [Growth and availability](/cities/bogota/topics/growth-and-availability) — How tight is current availability and what does the pipeline look like? - [Sustainability pathways](/cities/bogota/topics/sustainability-pathways) — How do tenants land net-zero or science-based-target leases here? - [Hybrid work policy](/cities/bogota/topics/hybrid-work-policy) — How are hybrid policies shaping office demand here? - [Security and redundancy](/cities/bogota/topics/security-and-redundancy) — What security, power, and connectivity redundancy are standard? - [Lab and R&D space](/cities/bogota/topics/lab-and-r-and-d) — What does R&D-grade or wet-lab space look like in this market? - [Brand experience](/cities/bogota/topics/brand-experience) — How do trophy buildings function as brand experiences and showpieces? - [Fund strategy and flag](/cities/bogota/topics/fund-strategy-and-flag) — Which submarkets carry the strongest investor flag for funds? - [Exit and renewal](/cities/bogota/topics/exit-and-renewal) — How do you handle a Class A renewal or exit cleanly here? - [Market cycle position](/cities/bogota/topics/market-cycle-position) — Where is this Class A market in its cycle right now? ## Bogotá — frequently compared - [**Bogotá vs Miami**](/compare/bogota-vs-miami) — LatAm gateway shortlist. - [**Bogotá vs Mexico City**](/compare/bogota-vs-mexico-city) — LatAm HQ shortlist. - [**Bogotá vs Sao Paulo**](/compare/bogota-vs-sao-paulo) — LatAm HQ shortlist. - [**Bogotá vs Santiago**](/compare/bogota-vs-santiago) — LatAm HQ shortlist. ## Frequently asked questions ****What is the FTZ regime?**** : Free Trade Zone tenants benefit from a 20% corporate tax rate (vs. 35% standard), VAT exemption, and customs duty benefits. Material for tenants in qualifying export-oriented activities. ****What is the typical lease currency?**** : Most domestic leases are peso-denominated with annual IPC inflation adjustment. International tenants increasingly negotiate USD-pegged rents on trophy stock. ****What is the Bogotá Metro impact?**** : Line 1 of the Bogotá Metro is under construction (target 2028). The Metro materially expands rapid-transit access to the southern catchment and reshapes long-term Class A location decisions. ## Editorial provenance Reviewed by [**Miriam Hollander**](/about/authors/miriam-hollander) — Lead market analyst. 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) beats a conventional Class A lease — and vice versa. --- Citation: Source: Class A Atlas (https://classa.info/cities/bogota), updated 2026-04-15T00:00:00.000Z.