Panama Office Space

COMING SOON... Costa del Este Financial Park will be a Class A office building in the heart of Costa del Este's business hub. Located between the main entrance to the neighborhood and the access road to the Corredor del Sur, it will become a landmark building in Panama City.
PROJECT INFORMATION
624,000 ft² of Class A office space
Iconic architectural design
12 elevators with latest loadbalancing
technology
High-efficiency, floor-to-ceiling
exterior windows
Fire sprinklers, dual fire escapes
Underground parking garage
Highly modular floor layouts

Costa del Este Financial Park
Preferred pricing
Opportunity to purchase Class A office space in advance of
official project launch at prices ~10% below market
Price arbitrage opportunity
Highly modular inventory may be purchased in bulk at a
discount, subdivided and then sold / leased out at higher rates
commanded by individual office modules
High returns in a stable, booming economy
Current office market in Panama City yields cap rates in the
9-12% range and IRR’s in the 20-40% range; sale prices are
appreciating quickly
Absence of foreign currecnty risk (Panama’s currecncy is the
U.S. Dollar); services-based economy is expected to grow 10%
in 2007 ¹
Project is aligned with key demand drivers
Growing, internationally-based service sector is demanding
Class A office space
Non-banking businesses are looking for an alternative to the
highly congested downtown / banking district
Colfax Realty offers end-to-end service to investors
Buyer, landlord, seller representation & property management