Mexico City Real Estate Market Reports

Mexico City Office Market

The uncertainty caused by the electoral processes in Mexico and the United States has affected space rental applications, with businesses being cautious in their decision-making processes. In this context, technology companies and financial entities have occupied most of the available inventory. The Polanco corridor reported the highest gross absorption at the end of the quarter with 44,810 m². The highest concentration of operations occurred within the Polanco Granadas sub-corridor, with more than 23,924 m² occupied.

Mexico City Industrial Market

The delivery of projects currently under development, primarily focused on the northern industrial corridors, is anticipated throughout 2025. However, this is not expected to impact the vacancy rate, as most spaces are occupied during the construction phase. 2025 begins with a gross absorption of over 1.9 million SF across four different submarkets, primarily in Huehuetoca and the CTT Corridor.