Puebla has stood out as a city committed to meeting the growing demand for housing developments and is currently an office market that has sufficient supply to satisfy the needs of companies seeking to invest in the city.
The Puebla office market closes the month of January 2024 with a total vacancy of about 100 thousand square meters ready for lease, with an average rental price of $13.90 per square meter.
Of interest: The demand for offices in Querétaro exhibits a constant recovery
Puebla faces a significant challenge in terms of office supply. For January 2024, the city recorded the highest vacancy percentage nationwide, closing the month of January 2024 with a rate of 25.8%. This vacancy is mainly concentrated in the Las Ánimas - Zavaleta submarket, where it reaches 32.4%, followed by Angelópolis with 24.4% and Centro - Juárez with 21%.
From January 2019 to January 2024, the Angelópolis submarket has maintained a constant investment in office real estate projects. This area not only concentrates all the projects under construction, but also has the highest rental price in Puebla, reaching an average of $16.61 dollars per square meter per month by January 2024.
Check here: Reforma, Santa Fe and Polanco: the submarkets with the most office construction in CDMX
The year 2023 marked the beginning of the construction of two outstanding projects in the Angelópolis submarket: Torre Valda and DownTown Puebla. These towers add up to a total of 18 thousand square meters for offices, consolidating themselves as key elements in the development and expansion of the market.
The figures reflect the complex dynamics of the office real estate market in Puebla, highlighting the importance of comprehensive strategies to optimize the occupation and sustainable development of these spaces in the future.
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