--- title: "Hongqiao CBD, Shanghai — Class A submarket" description: "Western airport-and-rail-linked CBD." canonical: https://classa.info/cities/shanghai/hongqiao pageType: neighborhood lastUpdated: 2026-04-15T00:00:00.000Z license: "CC BY 4.0 with attribution to Class A Atlas (https://classa.info)." --- > Hongqiao CBD is a prime-tier Class A submarket of Shanghai with average asking rent around $38/sqft/yr. ## TL;DR - Western airport-and-rail-linked CBD. - Prime tier — ~$38/sqft/yr. - Strong Class A inventory. # Hongqiao CBD, Shanghai — Class A submarket *Western airport-and-rail-linked CBD.* · Tier: prime · Avg rent: $38/sqft/yr ## TL;DR - Western airport-and-rail-linked CBD. - Prime tier — ~$38/sqft/yr. - Strong [Class A](/glossary/class-a) inventory. ## Overview Hongqiao CBD is Shanghai's western purpose-built business hub, anchored by Hongqiao high-speed rail and the international airport. ## Tenant profile Multinational HQs, logistics, exhibition-related businesses. ## Typical specification 20–40,000 sqft floor plates available across newer Class A stock. ## Transit Hongqiao Railway Station (Metro 2, 10, 17). Multi-modal transit with high commute capture from the city's professional catchment. ## Amenities National Exhibition and Convention Centre, Hongqiao Tianjie. ## Comparable buildings - **The Hub** [](https://www.google.com/maps/search/?api=1&query=The%20Hub%2C%20688%20Shenchang%20Road%2C%20Minhang%2C%20Shanghai%2C%20Hongqiao%20CBD%2C%20Shanghai%2C%20China&query_place_id=ChIJ7YI-pd1msjUR-PiEv34w3Pc) - **Greenland Hongqiao Centre** [](https://www.google.com/maps/search/?api=1&query=Greenland%20Hongqiao%20Centre%2C%201518%20Minsheng%20Road%2C%20Hongqiao%2C%20Shanghai%2C%20Hongqiao%20CBD%2C%20Shanghai%2C%20China&query_place_id=ChIJidRRPAtlsjURYpL0NtGBlBs) ## Where Hongqiao CBD sits in Shanghai Hongqiao CBD is one of 5 Class A submarkets we cover in Shanghai, classified as prime tier with an average asking rent around $38/sqft/yr. Compared with the broader Shanghai Class A stock, Hongqiao CBD typically attracts Multinational HQs, logistics, exhibition-related businesses and competes most directly with the city's other prime submarkets on building specification, transit access, and [amenitisation](/glossary/amenitisation). Adjacent submarkets to study alongside Hongqiao CBD: [Lujiazui (Pudong)](/cities/shanghai/lujiazui), [Jing'an](/cities/shanghai/jing-an), [Huaihai & Xintiandi](/cities/shanghai/huaihai-xintiandi), [Qiantan](/cities/shanghai/qiantan). The full Shanghai submarket atlas is at [/cities/shanghai](/cities/shanghai). ## Topic deep-dives for Hongqiao CBD For an institutional Class A occupier evaluating Hongqiao CBD, the highest-leverage analyses to commission next are the rent benchmark, the concession-package comparable, and the ESG performance baseline. Class A Atlas covers each as a dedicated topic page for this submarket: - [Hongqiao CBD — ](/cities/shanghai/hongqiao/rents-and-availability) - [Hongqiao CBD — ](/cities/shanghai/hongqiao/tenant-profile) - [Hongqiao CBD — ](/cities/shanghai/hongqiao/transit-and-commute) - [Hongqiao CBD — ](/cities/shanghai/hongqiao/amenity-and-lifestyle) - [Hongqiao CBD — ](/cities/shanghai/hongqiao/trophy-and-comparables) - [Hongqiao CBD — ](/cities/shanghai/hongqiao/fit-out-and-spec) ## Related glossary Terminology specific to Shanghai Class A leasing and to the prime tier: [Class A](/glossary/class-a), [Trophy asset](/glossary/trophy-asset), [Effective rent](/glossary/effective-rent), [Concession package](/glossary/concession-package), [TI allowance](/glossary/ti-allowance), [Submarket tier](/glossary/submarket-tier). ## Editorial provenance Reviewed by [**Kenji Watanabe**](/about/authors/kenji-watanabe) — APAC contributing editor. 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](/topics/fit-out-capex)">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/shanghai/hongqiao), updated 2026-04-15T00:00:00.000Z.