Certified Class A buildings in San José now command a measurable rent premium and are the default expectation for institutional tenants signing 10-year leases.
Certified Class A buildings in San José now command a measurable rent premium and are the default expectation for institutional tenants signing 10-year leases.
San José's trophy inventory is overwhelmingly certified — LEED Gold/Platinum in markets that follow USGBC, BREEAM Excellent/Outstanding in UK and parts of EMEA, CASBEE in Japan, Green Mark in Singapore. Notable certified San José buildings include Avenida Escazú, Forum I & II Santa Ana, Plaza Tempo.
Across major Tier 1 markets, certified Class A buildings command a 5–15% rent premium versus equivalent uncertified stock. The premium is largest at the top of the curve (Platinum vs. uncertified Class A) and narrows in mid-tier comparisons.
In a Class A LOI, ask for: (1) current certification status and pathway to renewal, (2) operational energy intensity (kWh/sqm/yr) over the trailing 24 months, (3) green-lease provisions covering data sharing, and (4) tenant fit-out">fit-out alignment with the building's certification. Costa Rican gross structure (rent inclusive of management fees). USD-denominated for Class A typically. 5-year terms standard. Rent-free of 4-8 months on 5-year terms plus USD 100-300/sqm TI typical.
| city | San José |
|---|---|
| country | Costa Rica |
| region | Americas |
| classARentLocal | 240 USD/sqft/yr |
| classARentUsd | $240/sqft/yr |
| vacancy | 12.4% |
| typicalLeaseYears | 5 |
| typicalRentFreeMonths | 6 |
| submarkets | 5 |
| primeYieldPct | 7.4% |
| trophySubmarket | Escazú |
Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.