Currently, the construction of offices nationwide totaled 1.2 million square meters of projects, reporting an annual increase of 10% at the end of the last quarter of 2024. Mexico City leads the construction activity in the country with 733 thousand square meters, representing more than 60% of the space under development.

Of interest: Solili Office Report 4Q 2024: Demand for 2024 decreased 25% compared to 2023

Second position is taken by the Monterrey office market with a total of 200 thousand square meters of works in development, which has significant constructions in the Centro submarket, highlighting Torre Rise with a rentable area of 43 thousand square meters.

For its part, Guadalajara registers 100 thousand square meters under construction, with Nueva Zona Financiera being the submarket with the highest volume of office projects in the development process. Tijuana has 86.6 thousand square meters of projects under construction, which places it as the fourth most relevant market in terms of construction.

See here: Tijuana leads the start of new office projects during 4Q 2024

Although investments in office infrastructure nationwide have remained cautious, the corporate sector continues to show stability, registering increases during the last year.