As the availability of spaces increase (year-on-year variation of 6.36%) and average prices fall (year-on-year variation of -0.49%), there is a greater activity in the remodeling and adaptation of spaces. The current landscape predicts an increase in availability because the reduction of spaces and the departure of companies whose business was affected by the mobility restriction measures.
New projects still under construction adding a total of 1,158,702 square feet to the inventory of 24.7 million sq. ft. existing in the GMA. Cityzen Belén, Offices Stage 1 (269,098 sq. ft.) is the most ambitious of the current works next to the Ribera Business Hub (279,862 sq. ft.) both located in Heredia City, and others such as San Pedro Business Center (143,655 sq. ft.) in San José City.
An element that is becoming very important is the creation of spaces with improvements. Models such as “turnkey” and its advanced version: “plug & play” are more and more frequent among potential users.