Bavli (Azrieli Center) is a trophy-tier Class A submarket of Tel Aviv with average asking rent around ₪250/sqm/mo · ≈ $75.3 PSF/yr USD.
Established trophy stock. · Tier: trophy · Avg rent: ₪250/sqm/mo · ≈ $75.3 PSF/yr USD
The Azrieli Center area in Bavli anchors Tel Aviv's established trophy stock — Azrieli Center three-tower complex, Toha Tower, and a deep banking and corporate HQ tenant base.
Banking, insurance, professional services, multinational HQs.
15–40,000 sqft floor plates available across newer Class A stock; 9'+ slab-to-slab and modern MEP common.
Hashalom (Israel Railways), Yigal Allon (Light Rail Red Line).
Multi-modal transit captures the metro's principal professional catchment.
Azrieli Mall, Yad Eliyahu Sports Center.
Bavli (Azrieli Center) is one of 5 Class A submarkets we cover in Tel Aviv, classified as trophy tier with an average asking rent around ₪250/sqm/mo · ≈ $75.3 PSF/yr USD. Compared with the broader Tel Aviv Class A stock, Bavli (Azrieli Center) typically attracts Banking, insurance, professional services, multinational HQs and competes most directly with the city's other trophy submarkets on building specification, transit access, and amenitisation.
Adjacent submarkets to study alongside Bavli (Azrieli Center): Sarona / Da Vinci, Rothschild & Allenby, Herzliya Pituach, Ramat Gan (Bursa District). The full Tel Aviv submarket atlas is at /cities/tel-aviv.
For an institutional Class A occupier evaluating Bavli (Azrieli Center), 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 Tel Aviv Class A leasing and to the trophy tier: Class A, Trophy asset, Effective rent, Concession package, TI allowance, Submarket tier.
Reviewed by Samuel Okafor — EMEA contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.