At the end of July 2021, gross corporate demand reached 54.5 thousand square meters nationwide, where Mexico City exhibits 51%, followed by Monterrey with 26%.

Although the corporate market in general continues to maintain negative net demands that indicate that unemployment still exceeds demand, cases such as Monterrey, Querétaro and Tijuana in July registered positive net demands.

71% of the spaces in demand throughout the second quarter of the year in Mexico City correspond to Class B and cover a wide range of sizes from 30 to 6 thousand square meters. 

Buildings such as Paseo de La Reforma, still under construction, and Magnocentro 5 and Centro Insurgentes achieved closures of more than 3,000 square meters, all of them categorized as Class B.

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The class A offices in demand in Mexico City during the second quarter of the year range between 120 and 922 square meters, located mainly on the Polanco and Insurgentes submarkets.

The closings in Monterrey as of 2Q 2021 were totally inclined towards Class A Offices, with an average area of 814 square meters and a maximum size that exceeds 3,000 square meters on a modern building located on the Centro corridor.

In Tijuana, the average area that was demanded was 620 square meters with a marked preference for surfaces between 110 and 420 square meters, mostly Class A. 

Another trend that was observed during the month of July in this market was that the demand exceeded unemployment by 5 times. Torela Corporativo and Torre Norte II, both Class A, were the buildings that captured the maximum sizes.

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In Querétaro, corporate preferences for Class A buildings are maintained, where there is a closure of more than 2.4 thousand square meters on Torre Cápita on the Juriquilla corridor, at the end of the second quarter of the year.

Guadalajara and Mérida reflected similar quarterly demands in the order of 3.5 thousand square meters, whose maximum sizes were 1.3 and 1.5 thousand square meters, respectively.

Another interesting phenomenon that will bring important changes to the corporate market and mainly to the demand has to do with the reconversions and changes of uses that have taken place in the capital of the country but that will have an echo in other markets nationwide.