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"When a space becomes available, it's immediately rented out": the Buenos Aires avenue with almost no vacant premises left - La Nacion Propiedades
Source:
www.lanacion.com.ar
August 27, 2025
The avenue where every square meter that comes onto the market is rented immediately.
By Maria Josefina Lanzi
The Buenos Aires corridor where there are no empty premises and is one of the most sought-after in the City. Alejandro Guyot
Amid a context of rapid economic recovery , one Buenos Aires avenue is striking with its strong demand for commercial space and virtually no vacant space.
This was revealed in a report by LJ Ramos, which analyzed the corridor being built on Santa Fe Avenue, between Scalabrini Ortiz and Pueyrredón avenues , and showed that the vacancy rate for commercial premises in that area is 1.4%. This surpassed other corridors analyzed by the real estate company, which ranked first on the stretch of Cabildo Avenue, between Virrey del Pino and Monroe Avenue, with a 1.6% vacancy rate, or Rivadavia Avenue, between La Plata and Colpayo Avenues, in second place, where vacancy rates were close to 2.1%.
“Santa Fe is a corridor that continues to be in the sights of brands seeking prime locations,” says Santiago Winokur, from Newmark's retail sector , detailing the reasons behind this demand: “Its strategic location, surrounded by established residential neighborhoods with high pedestrian traffic, reinforces its appeal for brands seeking visibility and sales volume.” They also point out that the area's vacancy rate is around 2.8%.
A report by LJ Ramos, which analyzes the corridor being built on Santa Fe Avenue, between Scalabrini Ortiz and Pueyrredón Avenue, showed that the vacancy rate for commercial premises in that area is 1.4%.CAMILA GODOY/ AFV
Jesica Amendola, manager of retail and offices at Adrián Mercado, agrees with Winokur and points out that the key to the area “lies in the combination of high residential density, constant pedestrian flow, and excellent connectivity thanks to the D and H subway lines and multiple buses.” She also adds that the corridor exhibits a significant phenomenon: “ Vacancy remains low even during economic downturns because demand doesn’t rely exclusively on the consumption of a single target audience , but rather is fueled by a balanced mix of consumers with different purchasing motivations: there’s a strong presence of fashion and textiles, health and beauty, gastronomy, food, and technology.”
“Vacancy is minimal. When a space becomes vacant, a replacement arrives very quickly, especially on corners and with large frontages,” adds Martin Akian, Aranalfe's commercial director. He points to the area's proximity to the Alto Palermo shopping center and the presence of established brands as key elements of its appeal.
The proximity to Alto Palermo enhances the area. Alejandro Guyot
Marcelo Zuliani details the brands that have chosen this location to set up shop. From international brands like Zara to national retailers like Cuesta Blanca and Le Utthe . The latter, which has 53 stores across the country, has one right on Pueyrredón Avenue, which they managed to purchase last year . "It has 700 m²," explains Miranda Bielsa, Communications and Brand Identity Coordinator at Le Utthe, adding: "The area has many advantages, subway entrances, proximity to Alto Palermo." In the case of Cuesta Blanca, they just closed the lease on a space on Pueyrredón and Santa Fe avenues and recently renovated their store on Santa Fe and Billinghurst, also located in this corridor.
LJ Ramos explains that the fashion and textile sector continues to lead the area's commercial offering. Regarding the gastronomic sector, they observe a decline in the presence of establishments that "in 2024 occupied second place and are now fifth." According to Toribio Achával, who analyzes this corridor, between Azcuénaga and Coronel Díaz, 38.09% of the establishments belong to the clothing, footwear, and leather goods sectors, and only 15.55% are gastronomy, food, and kiosk establishments.
Asking prices for the few available spaces are around US$45 per m² per month. Alejandro Guyot
A Colliers report from the first half of 2025 adds a curious fact: the strong dispersion of rental values between nearby areas was striking: Santa Fe (Pueyrredón) showed a value of US$45.50/m² , while in Santa Fe (Callao) it fell to US$25.87/m² , which shows how micro-locations can follow dissimilar trajectories.
“Even in an inflationary context, the location of this corridor guarantees above-average revenue, which justifies higher rents,” Amendola adds, explaining that leading brands and franchises prioritize the area for its visibility, purchasing power, and history as a commercial hub, “which allows vacant spaces to be filled quickly.”
www.buysellba.com
Source:
“Cuando se libera un espacio, enseguida se alquila”: la avenida porteña en la que casi no quedan locales vacíos
La avenida en la que todos los metros cuadrados que salen al mercado, se alquilan inmediatamente
www.lanacion.com.ar
August 27, 2025
The avenue where every square meter that comes onto the market is rented immediately.
By Maria Josefina Lanzi
The Buenos Aires corridor where there are no empty premises and is one of the most sought-after in the City. Alejandro Guyot
Amid a context of rapid economic recovery , one Buenos Aires avenue is striking with its strong demand for commercial space and virtually no vacant space.
This was revealed in a report by LJ Ramos, which analyzed the corridor being built on Santa Fe Avenue, between Scalabrini Ortiz and Pueyrredón avenues , and showed that the vacancy rate for commercial premises in that area is 1.4%. This surpassed other corridors analyzed by the real estate company, which ranked first on the stretch of Cabildo Avenue, between Virrey del Pino and Monroe Avenue, with a 1.6% vacancy rate, or Rivadavia Avenue, between La Plata and Colpayo Avenues, in second place, where vacancy rates were close to 2.1%.
“Santa Fe is a corridor that continues to be in the sights of brands seeking prime locations,” says Santiago Winokur, from Newmark's retail sector , detailing the reasons behind this demand: “Its strategic location, surrounded by established residential neighborhoods with high pedestrian traffic, reinforces its appeal for brands seeking visibility and sales volume.” They also point out that the area's vacancy rate is around 2.8%.
A report by LJ Ramos, which analyzes the corridor being built on Santa Fe Avenue, between Scalabrini Ortiz and Pueyrredón Avenue, showed that the vacancy rate for commercial premises in that area is 1.4%.CAMILA GODOY/ AFV
Jesica Amendola, manager of retail and offices at Adrián Mercado, agrees with Winokur and points out that the key to the area “lies in the combination of high residential density, constant pedestrian flow, and excellent connectivity thanks to the D and H subway lines and multiple buses.” She also adds that the corridor exhibits a significant phenomenon: “ Vacancy remains low even during economic downturns because demand doesn’t rely exclusively on the consumption of a single target audience , but rather is fueled by a balanced mix of consumers with different purchasing motivations: there’s a strong presence of fashion and textiles, health and beauty, gastronomy, food, and technology.”
“Vacancy is minimal. When a space becomes vacant, a replacement arrives very quickly, especially on corners and with large frontages,” adds Martin Akian, Aranalfe's commercial director. He points to the area's proximity to the Alto Palermo shopping center and the presence of established brands as key elements of its appeal.
The proximity to Alto Palermo enhances the area. Alejandro Guyot
Marcelo Zuliani details the brands that have chosen this location to set up shop. From international brands like Zara to national retailers like Cuesta Blanca and Le Utthe . The latter, which has 53 stores across the country, has one right on Pueyrredón Avenue, which they managed to purchase last year . "It has 700 m²," explains Miranda Bielsa, Communications and Brand Identity Coordinator at Le Utthe, adding: "The area has many advantages, subway entrances, proximity to Alto Palermo." In the case of Cuesta Blanca, they just closed the lease on a space on Pueyrredón and Santa Fe avenues and recently renovated their store on Santa Fe and Billinghurst, also located in this corridor.
LJ Ramos explains that the fashion and textile sector continues to lead the area's commercial offering. Regarding the gastronomic sector, they observe a decline in the presence of establishments that "in 2024 occupied second place and are now fifth." According to Toribio Achával, who analyzes this corridor, between Azcuénaga and Coronel Díaz, 38.09% of the establishments belong to the clothing, footwear, and leather goods sectors, and only 15.55% are gastronomy, food, and kiosk establishments.
What are the rental prices in this Buenos Aires corridor?
According to Winokur, asking prices for "the few vacant spaces" are around US$45/m² per month. The LJ Ramos report shows very similar values and states that the asking price for commercial rentals on Santa Fe Avenue, between Scalabrini Ortiz and Pueyrredón, is US$41.1 million. "The high visibility of the corridor and its demand make the area an attractive spot for tenants, which also explains the high asking price. In fact, when a well-located space becomes available, interested tenants quickly appear, with prices that are usually easily accepted," notes Marcos Ballario, broker at LJ Ramos.
Asking prices for the few available spaces are around US$45 per m² per month. Alejandro Guyot
A Colliers report from the first half of 2025 adds a curious fact: the strong dispersion of rental values between nearby areas was striking: Santa Fe (Pueyrredón) showed a value of US$45.50/m² , while in Santa Fe (Callao) it fell to US$25.87/m² , which shows how micro-locations can follow dissimilar trajectories.
“Even in an inflationary context, the location of this corridor guarantees above-average revenue, which justifies higher rents,” Amendola adds, explaining that leading brands and franchises prioritize the area for its visibility, purchasing power, and history as a commercial hub, “which allows vacant spaces to be filled quickly.”
www.buysellba.com
