Mérida has been characterized as an emerging market of great national interest. The market has continued to expand; during the first quarter of 2025, inventory reported an increase of 12,000 square meters with first-class developments that have led to an increase in rental prices.

Of Interest: Solili Office Report 1Q 2025: Vacancy rate reduced by half a percentage point in the last year

At the close of the first quarter of 2025, office investments in Mérida reached 1.3 thousand square meters, doubling the figure reached in the same period of 2024.

The Poniente submarket led demand in the first quarter of 2025 with 41% of the market's gross absorption, driven primarily by leases in the Centralia Mérida complex. The office building on Blvd. García Lavín took second place, accounting for 31% of transactions.

See here: León, Guanajuato: office market registers a 9% annual growth

Despite the economic uncertainty facing the country, Mérida has maintained a stable pace, supported by strategic investment projects and infrastructure projects that continue to boost the city's economic development.