The corporate sector showed its resilience and adaptability, through various changes and transformations to be able to adapt to the new requirements of the companies after a few months with problems and a high volume of vacancies.

Proof of this is that the office segment achieved a 21% growth in gross demand during 2021, registering 543 thousand square meters of corporate space nationwide, according to the entities monitored by the Solili firm.

In addition to the strong impact as a result of covid, the offices were already affected by the existing oversupply, but the profound changes that occurred in the developers, companies and collaborators broke the paradigms until that moment.

So far in 2022, coworking preference is maintained by small firms and startups, which require connectivity, and promote related capital that propels them to the next level.

For their part, medium-sized firms opted for hybrid formats that generate the highest price-value ratio in the space without risking their capital.

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And finally, companies with large numbers of employees and that originally selected representative headquarters occupying the most iconic corporate buildings, have reformulated their spaces allocating more surface area per employee where they have conditioned more recreation and multipurpose areas.

In this context, the corporate gross demand at the national level managed to maintain in February 2022 a level similar to that registered in January, totaling during the first two months more than 87 thousand square meters at the national level.

Ciudad de México and Monterrey concentrated 78% of the gross demand during the period, registering 56 and 12 thousand square meters bimonthly, respectively; Querétaro and Guadalajara follow with a gross absorption of 6.5 and 6 thousand square meters bimonthly, respectively.

The accumulated gross demand in the period exceeds in some corporate real estate markets such as León, Monterrey, Querétaro, Puebla and Mérida the amount registered during the first quarter of 2020, so the projection towards the quarterly close will result in significant growth.

Tijuana, the only corporate market nationwide that registered positive net demands, also aims to exceed the demand of the first quarter of 2022 compared to the same period of the previous year.

CDMX, due to the magnitude of its market, starred in the efforts of the capital authorities to promote the 'Economic Reactivation Plan of Mexico City'.

Of interest: Emerging office markets will benefit from the increase in industrial activity

Among the priority axes that directly influence demand we find the Reactivation of the Historic Center, the extension of estate projects in Paseo de la Reforma, the reconversion of office buildings to housing in some urban submarkets, as well as support in the beginning of the works of Tacubaya, among others.

As for finished buildings that are incorporated into the CDMX inventory, Puebla, León and Querétaro contribute with spaces between 10 and 20 thousand square meters, in a scenario where no new projects have been started at the national level, with the exception of Mérida, which began the construction of a boutique project of 2 thousand square meters of net profitable area.

“During the next semester, we estimate that progress will be made in emerging markets such as Tijuana, Mérida and León, as a result of industrial and commercial investments that impact the growth and maturation of their markets, where the vacancy of corporate spaces has been minimal in the first two months of the year. 2022”, Solili concluded.

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

Original note