The Mérida office market continues to see growing demand, as in July of this year it showed a notable increase in its absorptions, exceeding the previous month by more than 50%.
One of the characteristics of the demand in the months of June and July is that the transactions that occurred were of invested capital, since the absorptions were entirely sales of offices in different buildings both under construction and those that are already operating.
Of interest: Solili Office Report July 2024: accumulated demand from January to July reaches 472 thousand m²
The Metro Business Center building, which has 99 offices ranging from 35 to 50 square meters, has been one of the favorites for investors, since so far this year it has presented sales in consecutive quarters, leaving only eight spaces available to date.
On the other hand, Centralia Mérida, with the different investment schemes it offers its clients, also managed to add square meters sold in the month of July. Finally, Orión Business Hub, another important building, with sales for several months, is currently only 5% vacant.
See here: Juriquilla corporate submarket concentrates office leasing in Querétaro
Mérida has been an example of resilience and growth, showing constant activity in its demand for offices, this together with government actions and the industry in general denote the great potential of this market. An example of this is the event that will take place in this city, called Real Estate Tech, with important speakers who will present their success stories as well as other topics related to the digital revolution and the relevance of promoting the use of new technologies and their exploitation in the real estate sector.
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