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Solili | January 02, 2025 |

The rental price in the Querétaro office market has been characterized by its fluctuation over the last three years. In November 2021, the price was positioned at $12.43 USD/m²/month. In the same period but in 2024, the price showed an increase of almost $3.00 dollars, reaching $15.38 USD/m²/month, the highest since records began.

To date, Querétaro has 71% of class A offices in which most transactions are carried out, so its offices are offered at an average price of $16.8 USD/m²/month. While class B offices have a cost of $12.7 USD/m²/month.

Of interest: Puebla consolidates itself as a business hub in the central-southern region of Mexico

Juriquilla is the submarket with the highest average price in the market with $16.3 USD/m²/month, in which important buildings such as Querétaro Business Park with its two towers, Corporativo Uptown II and WTC Juriquilla are located.

The 5 de Febrero submarket is the one with the highest prices for class A offices, quoted at $19.79 USD/m²/month, even above Providencia, one of the most important submarkets in Guadalajara, which has a price of $18.69 USD/m²/month.

See here: Submarket Blvd. García Lavín reports the lowest office vacancy rate in Mérida

Without a doubt, the luxury and modern buildings that offer ample spaces in strategic locations with high-quality infrastructure have made the demand for offices in Querétaro allow for an increase in prices while still being affordable.

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