By the end of August 2024, the Tijuana office market recorded the lowest vacancy rate in the country, at 6.0%. This indicator is an example of the momentum that demand from the corporate market continues to have in the border city.

Of interest: Office leasing in Guadalajara reports close to 9 thousand m² in July-August 2024

During the month of August, Tijuana was positioned in fourth place in national demand with more than 4 thousand meters leased where the majority of occupations occurred in class B spaces in the Zona Río submarket.

Although business owners have acted with caution, the dynamism of demand reflects the increase in confidence of private initiative, which has led to the maintenance of a healthy occupancy rate and the arrival of new mixed-use projects.

Check here: Solili Offices Report August 2024: accumulated demand for offices exceeds half a million m²

The development of new spaces and the increase in rental prices show confidence in the growth potential for the following years. Owners and developers have coordinated efforts and adjusted new strategies to continue attracting new investments to the corporate sector.