finance
Buenos Aires Office, Logistics Markets Reveal Key Leasing Opportunities for Expanding Firms
Major leases and vacancy data point to focused opportunities in premium assets for companies planning expansions.
How we reported this
JPMorgan signed the largest corporate rental agreement in Argentina in 20 years by leasing 20 floors in a new Núñez office campus slated for 2026-2027 delivery.
This transaction arrives as Buenos Aires absorbed over 81,000 m² of Class A office space in the first half of 2025 and vacancy fell to 18 percent, reflecting companies returning to in-person operations. The move underscores how macro stabilization is drawing regional capital to Argentine developers, including the US$ 370 million Udaondo project that secured Swiss and German investors.
Office Trends in Key Corridors
Area office vacancy stabilized at 17.7 percent in the first quarter of 2026 with asking rents holding at USD 23.2 per square meter per month. Demand has concentrated on high-quality assets along Libertador and in Puerto Madero, where businesses are prioritizing modern facilities over older stock.
These patterns matter now because firms evaluating leases must weigh the limited supply of top-tier space against steady rental levels. Companies planning moves in the next 12 to 18 months can use current absorption figures to negotiate terms before new deliveries alter the balance.
Logistics Sector Fundamentals
The logistics sector recorded 6.5 percent vacancy in the first quarter of 2026 with rents stable at USD 7.2 per square meter per month, activity centered in the North Zone. This segment offers a separate track for distribution and warehousing needs that remain insulated from the office market's quality focus.
Businesses evaluating supply-chain footprints should review North Zone options against these vacancy and rent benchmarks. Monitoring Cushman & Wakefield market updates will help identify when additional inventory might ease pressure or when sustained low vacancy could support rate adjustments.
This article is general information only and is not personal financial or investment advice. Consider your own circumstances and seek licensed professional advice before making financial decisions.