Puebla is an emerging market that is experiencing significant growth; demand in the industrial, residential and corporate sectors drives its economic and demographic growth, bringing with it an increase in rental prices for corporate spaces.

For the closing of this 2Q 2024, Puebla registered the delivery of a class A building with corporate spaces that amounts to 7 thousand square meters, this increased the inventory of the Angelópolis corridor, closing the first half of the year with 265 thousand square meters and with a vacancy of 26%.

Of interest: Which office corridors in Mexico City are the most in demand during Q2 2024?

The Angelópolis corridor, which is the heart of the financial zone for Puebla, still has two more projects pending delivery which would add almost 19 thousand square meters to the market.

Puebla has had a constant annual increase of 6.2% in the starting prices of its commercialized corporate spaces, reporting at the end of Q2 2024 an average starting price of $14.52 USD/m²/month.

The Angelópolis corridor continues to report the highest prices above the city average, reporting at the end of Q2 2024 $16.14 USD/m²/month.

Check here: Office rental price in Guadalajara reports a downward adjustment compared to 2023

The new building offering is made up of a combination of corporate spaces with residential and a commercial area, with greater options for amenities such as gyms, green areas, adaptations to facilitate coworking work spaces as well as home offices.

For developers and investors, sustainability has become a key trend, as well as energy efficiency and ecological design that shows tenants that they will have a better quality of life.