The vacancy rate stood at 17.9%, remaining within the 17-18% range observed consistently since 2022.
23 July 2026
Insight
23 July 2026
Office insight San Jose Costa Rica - 1H 2026
Categories:
Authors
Leonardo Ramirez
Danny Quiros
- 201,215 square feet were added to total inventory. New construction remains limited as developers require pre-leasing commitments of approximately 50% of buildings before commencing construction.
- Despite the decline in the dollar exchange rate against the Costa Rican colon, prime rental rates hold steady while rates in non-prime buildings show slight growth.