In the first months of 2024, Tijuana has registered an increase in rental prices in the corporate market, which at the end of May stands at $22.76 dollars per square meter.

There are factors that directly influence marketing prices, whether corporate, industrial or residential in Tijuana, such as the high demand for labor, the times and distances to obtain the materials and the type of transportation used to transport them, coupled with the type of soil represent an interesting challenge for the real estate sector.

Of interest: Puebla reports an increase in the price of office rentals during Q1 2024

Tijuana is a city that continues to grow vertically with varied developments ranging from corporate buildings, medical towers, residential buildings as well as commercial premises in mixed-use schemes that provide the city with first-class modern developments.

Currently, the Tijuana office market reports a total of 61 thousand square meters in the process of construction that will become part of the city's urban landscape. There are 7 corporate projects that are currently in development and the majority are buildings that are categorized as class A, due to having first-class infrastructure.

Check here: Corredor Valle reports the lowest office supply in the Monterrey market

It is a city in continuous growth where investors and developers continue to bet on its development and by the way the Mexican Institute for Competitiveness (IMCO) presented the results of the cities with the best sub index that measures the quality of life of the inhabitants in its report " Urban competitiveness index 2023”, which we see that Tijuana is in position number 5, which shows it as one of the best cities in Mexico to live, below Mérida, Chihuahua, San Luis Potosí and Valle de México.