Office market in Guadalajara reports competitive prices in Q2 2024
Solili | July 17, 2024 |

Starting in 2020, the Guadalajara office market has shown a downward adjustment in rental prices over the course of the last year, reporting a decrease of 5%, closing at $17.80 dollars at the end of Q2 of 2024.

Of interest: Office supply in León, Guanajuato reports a strong increase in the last year

We can observe that the corridor that has the lowest rental price in Chapultepec with $8.60 dollars, this is because in particular in this corridor the buildings are class B that generally do not measure more than 4 thousand square meters of net profitable area.

On the contrary, in Puerta de Hierro the rental price closed at $21.23 dollars. It is one of the corridors that has kept its price most stable because 86% of its buildings are class A. In Vallarta - Américas, over the course of a year there was a 15.5% decrease in its rental price

Check here: Office supply in Merida reports a decrease during the 2nd quarter of 2024

Another point to consider is that the inventory during 2023 grew at a slower pace compared to other years, since 12.4 thousand square meters of offices began operation in that year, but it is expected that in 2024 be more dynamic because so far this year there have been 41 thousand square meters of spaces that have been integrated into the office offering, with this we will analyze whether the price is strengthening with the incorporation of new projects.

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