The rental price for the Tijuana market has shown an annual increase of 16% compared to May 2023, and it also reports a vacancy of 6.53%, which is mainly concentrated in the Vía Rápida submarket, an area that stands out for its communication routes. between the corporate area of Tijuana and the border crossing.
Of interest: Office construction in Monterrey exceeds 200 thousand m² in May 2024
Tijuana reports an average rental price of $22.20 dollars per square meter, where the highest is located in the Agua Caliente submarket with a starting price of $23.07 dollars per square meter.
Regarding vacant office spaces in Tijuana, it is observed that class A buildings have 9 thousand square meters available, the rental price range goes from $21.45 dollars per square meter to $27.00 dollars per square meter.
Check here: Solili Offices Report 2Q 2024: Office leasing reports an annual increase of 17
While the available class B office spaces have 11 thousand square meters available in the office inventory, the starting prices they present range from $14.70 dollars per square meter to $21.00 dollars per square meter.
Tijuana continues to present an expanding real estate market with great challenges, even so positioning itself as a strategic city due to its geographical location, attracting investors from both the industrial, residential, commercial and corporate sectors; In the last half of the year you will be able to observe the proposals and changes that will be made with the support of state and federal authorities.
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