During the first two months of the year, Querétaro reported a gross demand of 6,500 square meters (m²) of offices, an indicator that places it as the third market with the highest demand, according to reports from the real estate platform Solili.

Parallel to the lease level, this market has no record of vacating spaces, that is, on the contrary, there were real estate requirements.

In this period, Mexico City registered the highest demand in the country, of 56 thousand m², 78% of the gross demand generated in January-February. Monterrey, Querétaro and Guadalajara follow with demands of 12 thousand m², 6.5 thousand m² and 6 thousand m², respectively.

Check here: Guadalajara office market attracts technology companies and startups

Solili's Director of Market Research, Pablo López, indicated that the entity has had a stable behavior; In addition to the fact that the oversupply that the area faced has gone down, while the demand has continued to recover, in the first two months of 2022, the gross demand that it had in the same period of 2020, that is, prior to the pandemic. of Covid-19.

Solili states that at the national level it was detected that the accumulated gross demand between January and February 2022 exceeds the amount registered in the same period two years ago, particularly in the real estate markets of Monterrey, Querétaro, Puebla and Mérida.

Therefore, the projections for the end of the first quarter of the year could result in significant growth.

Regarding the constructions completed in the first two months of this year, Querétaro is among the four markets that contribute between 10 thousand and 20 thousand m², in addition to Mexico City, Puebla and León.

Of interest: Demand for offices in Monterrey grows by 77% during 2021

However, at the end of the first two months there was no record of new projects to be built in Querétaro and in general at the national level, since only the city of Mérida registered the start of construction for a boutique project of 2,000 m² of net profitable area.

In Querétaro, it is observed that the corporate real estate market could be driven by collaborative work systems (known as coworking) and the search for alternative markets to decentralize offices in Mexico City.

Added to this scenario is the increase in the average surface area brought about by the pandemic, since before the health emergency, spaces of 10 m² per worker were required on average, a figure that rose to between 15 and 20 m².

In Solili you can also consult industrial warehouses available in Mexico City, Monterrey and Querétaro

Original note