Segments • Across all markets and fit out segments, electrical work represented the largest share of total project costs, accounting for 24% of overall expenses. Regionally, Latin America recorded the highest proportional allocation to electrical costs at 24%, while Mexico reported the lowest share at 18%. • Architectural millwork represented the smallest cost segment, accounting for just 3% of total fit out expenses. This relatively modest share is consistent with broader workplace trends favoring standardized layouts and modular components, though the proportion of millwork can vary meaningfully depending on tenant design priorities and project type.
33
32
Office Fit Out Cost Guide 2026
Cushman & Wakefield
Powered by FlippingBook