Zona Empresarial Norte (Calle 116-127) is a prime-tier Class A submarket of Bogotá with average asking rent around COL$100,000/sqm/mo · ≈ $27.9 PSF/yr USD.
Northern Class A expansion. · Tier: prime · Avg rent: COL$100,000/sqm/mo · ≈ $27.9 PSF/yr USD
Zona Empresarial Norte along Calle 116-127 anchors Bogotá's northern Class A expansion — newer Class A inventory and deep multinational HQ tenancy.
Multinational HQs, professional services, healthcare, consulting.
15–40,000 sqft floor plates available across newer Class A stock; 9'+ slab-to-slab and modern MEP common.
Bus only; future Bogotá Metro extensions.
Multi-modal transit captures the metro's principal professional catchment.
Centro Andino, Hacienda Santa Bárbara.
Zona Empresarial Norte (Calle 116-127) is one of 5 Class A submarkets we cover in Bogotá, classified as prime tier with an average asking rent around COL$100,000/sqm/mo · ≈ $27.9 PSF/yr USD. Compared with the broader Bogotá Class A stock, Zona Empresarial Norte (Calle 116-127) typically attracts Multinational HQs, professional services, healthcare, consulting and competes most directly with the city's other prime submarkets on building specification, transit access, and amenitisation.
Adjacent submarkets to study alongside Zona Empresarial Norte (Calle 116-127): Calle 100 (Chico Norte), Centro Internacional & Calle 26, Salitre & Connecta Business District, Chapinero. The full Bogotá submarket atlas is at /cities/bogota.
For an institutional Class A occupier evaluating Zona Empresarial Norte (Calle 116-127), 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:
Terminology specific to Bogotá Class A leasing and to the prime tier: Class A, Trophy asset, Effective rent, Concession package, TI allowance, Submarket tier.
Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.