Class B Office Report 3T 2025
10/21/2025
At the end of the third quarter of 2025, the Class B office market recorded a vacancy rate of 8.40%, which corresponds to a total availability of 172,196 m². This figure represents a slight increase compared to the second quarter, when the vacancy rate was 8.23%. The rise is mainly explained by office vacancies in the submarkets of Santiago Centro, Estoril, Vitacura, and Lo Barnechea, where lease terminations occurred and some companies relocated to other areas.
Related Insights
Research
At the end of the third quarter of 2025, the Class B office market recorded a vacancy rate of 8.40%, which corresponds to a total availability of 172,196 m². This figure represents a slight increase compared to the second quarter, when the vacancy rate was 8.23%. The rise is mainly explained by office vacancies in the submarkets Santiago Centro, Estoril, Vitacura, and Lo Barnechea, where lease terminations occurred and some companies relocated to other areas.
Rosario Meneses • 10/21/2025