Mexico City leads the national office demand, accounting for 69% of total occupancy. This leadership is the result of its economic dynamics, which remain the main growth driver for the corporate real estate market.

Between January and September 2024, Mexico City accumulated 448,000 square meters of leased office space. This figure reflects strong demand in the office sector, particularly in strategic areas of the city.

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The main submarkets that stood out this quarter were Polanco with 26% of the demand, followed by Insurgentes with 24%, and Reforma, which represented 19% of total office space occupancy.

These corridors have become the preferred choice for both national and international companies, thanks to their location, range of services, and availability of high-quality office spaces.

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Class A buildings continue to be the most in-demand in the office real estate market. During the third quarter of 2024, these spaces recorded an occupancy of approximately 91,000 square meters, standing out for their high-tech features, sustainability, and strategic location.

The office market in Mexico City remains strong, with significant demand in the main submarkets and a clear preference for Class A buildings. This trend is expected to continue in the coming quarters, driven by economic growth and the resurgence of business activities.