The office market in León, Guanajuato closes Q1 2025 with an inventory of 226,000 square meters, reporting an annual increase of 9.2%.

Of Interest: Solili Office Report Q1 2025: Vacancy rate decreased half a percentage point in the last year

León, which in previous years positioned itself as one of the most attractive emerging markets in the Bajío region, now faces a challenging environment. Demand has moderated as a result of the current political climate.

The market currently has approximately 38,000 square meters under construction, of which about a third is currently being marketed. 57% of the buildings under development are located in the Campestre-Country corporate submarket, while the remaining 33% are located in Lopez Mateos.

Read here: Office demand in Monterrey kicks off 2025 with a strong performance

2025 is shaping up to be a challenging year for the corporate real estate sector in León, with clear signs of a slowdown in space allocation, although market expansion demonstrates a long-term commitment by some players. In this context, the market's ability to adapt and offer flexible solutions will be key to maintaining its competitiveness.