Office Fit Out Cost Guide Americas 2026

Tenant Improvement Costs by Segment and Market

Generation 1: Latin America (USD)

Segment Cost by Market

$0 $20 $40 $60 $80 $100 $120 $140 $160 $180 $0 $20 $40 $60 $80 $100 $120 $140 $160 $180 $0 $20 $40 $60 $80 $100 $120 $140 $160 $180

Dom. Republic Panama

Dom. Republic Costa Rica Guatemala Argentina Peru

Dom. Republic Costa Rica Guatemala Argentina Peru

Costa Rica El Salvador Guatemala Peru Chile Colombia Brazil Argentina

Arch. Millwork

Arch. Millwork

Contingency

Contingency

Doors, Frames, Hdwr

Doors, Frames, Hdwr

Drywall, Acoustic, Carpentry

Drywall, Acoustic, Carpentry

Electrical

Electrical

General Requirements, General Conditions & Fee

General Requirements, General Conditions & Fee

General Finishes

General Finishes

Mechanical, Plumbing, Fire Protection

Mechanical, Plumbing, Fire Protection

Misc. Architectural Trades

Misc. Architectural Trades

Source: Cushman & Wakefield Project & Development Services

Segment Cost Composition by Market

0%

20%

40%

60%

80%

100%

$0 $20 $40 $60 $80 $100 $120 $140 $160 $180 $0 $20 $40 $60 $80 $100 $120 $140 $160 $180

Dom. Republic Panama

Dom. Republic Costa Rica Guatemala Argentina Peru

Dom. Republic Costa Rica Guatemala Argentina Peru

Costa Rica El Salvador Guatemala Peru Chile Colombia Brazil Argentina

Arch. Millwork

Arch. Millwork

Contingency

Contingency

Doors, Frames, Hdwr

Doors, Frames, Hdwr

Drywall, Acoustic, Carpentry

Drywall, Acoustic, Carpentry

Electrical

Electrical

General Requirements, General Conditions & Fee

General Requirements, General Conditions & Fee

General Finishes

General Finishes

Mechanical, Plumbing, Fire Protection

Mechanical, Plumbing, Fire Protection

Misc. Architectural Trades

Misc. Architectural Trades

Source: Cushman & Wakefield Project & Development Services

40

41

Cushman & Wakefield

Office Fit Out Cost Guide 2026

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