Guadalajara has been associated with science and technology in recent years, this development profile has shaped many of the activities and investments that the area currently exhibits and that could be compared to Monterrey or Mexico City, before the diagnostic look of opportunities by developers.

Guadalajara added 11,680 square meters to its existing inventory in April and currently the Providencia submarket is the one with the largest number of projects in execution.

The availability in buildings under construction is wide, the spaces range from 110 to 8 thousand square meters in a single building and mostly allow configuration in smaller fractions, half floors or entire floors.

In existing properties, the average floors range from 600 to 1,500 square meters and the building with the largest volume is Torre Niba in the Nueva Zona Financiera submarket. It is categorized as class A, its type plant measures over 1,300 square meters and is marketed by two recognized companies that operate in the area.

Most of the properties fluctuate between 5 to 8 thousand square meters of net profitable area, with low-rise buildings and some with a horizontal format similar to those found in the Lomas Palmas submarket in Mexico City and Centro in Monterrey.

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By analyzing some key indicators at the close of April, some competitive advantages can be found over the other markets. Guadalajara reached an average rental unit price of $ 18.5 USD / m² / month, a value lower by $ 4.05 USD than Mexico City and $ 1.9 USD below Monterrey. Regarding vacancies, Guadalajara obtained a lower percentage and closed with a positive figure in net absorption.

The three main metropolitan areas have a solid office market even though their sizes are dissimilar in terms of the national inventory, Mexico City has 80%, Monterrey 8.7% and Guadalajara 4.9% of the total square meters in the country; although they are similar in characteristics such as having institutional participants with proven experience and a wide range of products that meet the needs of their respective positions.

The authorities in Guadalajara have maintained an ideal of development in the city and are committed to an academic training focused on technology and incentives for private investment, which in a not too distant period will consolidate the corporate real estate market and be a reference for companies in the technology sector in Mexico.

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