Currently, the effects generated by the economic panorama that the country is going through are beginning to be reflected in the figures of the corporate market.

At the close of January-February 2025, office vacancies in Querétaro totaled 2 thousand square meters, a figure that triples the volume recorded in the same period of 2024.

Of interest: Demand for offices in Monterrey doubles during the first two months of the year

The Constituyentes submarket concentrated 97% of the vacancies, all in class B buildings. In parallel, demand has also decreased during the first two months of the year, accounting for 2.6 thousand square meters, reporting a reduction of 60% compared to January-February 2024.

The move out activity in Querétaro during the months of January and February 2025 represents 76% in relation to office occupancy during the same period. The national economic environment is affected by a slowdown in demand influenced by tariff measures, which are beginning to impact key productive sectors, such as commerce and industry.

See here: Solili Offices Report February 2025: Leasing decreases 27% during the first two months of the year

The current scenario suggests that companies are handling their leasing and expansion decisions more prudently, by adapting more conservative strategies in the face of economic uncertainty.