Cushman & Wakefield 2026 Americas Office Fit Out Cost Guide; average fit-out costs rise 5.5% to $149 psf; office development pipeline falls to a 25-year low

Reuters03-27

Cushman & Wakefield 2026 Americas Office Fit Out Cost Guide; average fit-out costs rise 5.5% to $149 psf; office development pipeline falls to a 25-year low

Cushman & Wakefield’s 2026 Americas Office Fit Out Cost Guide reported average office fit-out costs across the Americas rose 5.5% year-over-year to USD 149 per square foot.
Contractors surveyed said 79% expect labor and material costs to increase over the next six months, and none expect declines.
San Francisco (USD 228 per square foot), San Jose (USD 224 per square foot) and Seattle (USD 223 per square foot) were the highest-cost markets in the guide.
Argentina (USD 57 per square foot), Brazil (USD 79 per square foot) and Colombia (USD 84 per square foot) were the lowest-cost markets.
Andy Jansen said fit-out costs continued rising despite subdued construction activity and an office development pipeline described as at a 25-year low.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cushman & Wakefield Ltd. published the original content used to generate this news brief on March 26, 2026, and is solely responsible for the information contained therein.

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Cushman & Wakefield’s 2026 Americas Office Fit Out Cost Guide reported average office fit-out costs across the Americas rose 5.5% year-over-year to USD 149 per square foot.Contractors surveyed said 79% expect labor and material costs to increase over the next six months, and none expect declines.San Francisco , San Jose  and Seattle  were the highest-cost markets in the guide.Argentina , Brazil  and Colombia  were the lowest-cost markets.Andy Jansen said fit-out costs continued rising despite subdued construction activity and an office development pipeline described as at a 25-year low.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. 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