It is well known that Mérida is positioning itself as one of the markets with the greatest attraction for companies looking for an optimal place to establish their headquarters in the Southern part of Mexico. At the end of Q2 2024, demand during the quarter caused the vacancy rate to decrease 2 percentage points.

Check here: Tijuana reports an annual increase of 16% in office rental prices

In absolute terms, it means that the vacant space went from 14 thousand square meters available to 11 thousand square meters, largely due to the leasing activity that occurred in the Montejo corridor where absorptions were more than 2.6 thousand square meters.

With these numbers, Mérida currently occupies second place nationally in the markets that have the lowest office vacancy rate with a figure of 7.7%, this being one percentage point above Tijuana, which currently reports a rate of 6.9%.

Of interest: Solili Offices Report 2Q 2024: Office leasing reports an annual increase of 17%

To date, Mérida has several projects under construction that total 45 thousand square meters, however, there have been only one thousand square meters of the Mira Col. Mx building that have recently been added to the inventory of buildings that are already in operation. We hope that over the course of the year there will be more developments that complete their works to make way for a market that appears to be stronger for everyone to see, with multiple options for corporations of different sizes.