Xiasha Economic Zone is a established-tier Class A submarket of Hangzhou with average asking rent around ¥240/sqm/mo · ≈ $37.2 PSF/yr USD.
Eastern industrial and university Class A. · Tier: established · Avg rent: ¥240/sqm/mo · ≈ $37.2 PSF/yr USD
Xiasha Economic Zone — east of Hangzhou — anchors the city's principal industrial, manufacturing, and university Class A submarket.
Manufacturing, university research, e-commerce, automotive.
15–40,000 sqft floor plates available across newer Class A stock; 9'+ slab-to-slab and modern MEP common.
Hangzhou Metro Line 1 (Xiasha Higher Education East).
Multi-modal transit captures the metro's principal professional catchment.
Higher Education zone, Lower Sands retail.
Xiasha Economic Zone is one of 5 Class A submarkets we cover in Hangzhou, classified as established tier with an average asking rent around ¥240/sqm/mo · ≈ $37.2 PSF/yr USD. Compared with the broader Hangzhou Class A stock, Xiasha Economic Zone typically attracts Manufacturing, university research, e-commerce, automotive and competes most directly with the city's other established submarkets on building specification, transit access, and amenitisation.
Adjacent submarkets to study alongside Xiasha Economic Zone: Future Sci-Tech City (Xixi), Qianjiang New CBD, Binjiang, Wulin Square. The full Hangzhou submarket atlas is at /cities/hangzhou.
For an institutional Class A occupier evaluating Xiasha Economic Zone, 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 Hangzhou Class A leasing and to the established tier: Class A, Trophy asset, Effective rent, Concession package, TI allowance, Submarket tier.
Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.