Monterrey Office Market

3Q21

During the third quarter of 2021, the vacancy rate in the Monterrey Metropolitan Area remained stable over the prior quarter and recorded a slight 0.2% decline over the year ago period.

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Actual Conditions

- The inventory remains stable during the third quarter of 2021 at 1,326,543 square meters.

- Gross absorption was recorded at 10,236 square meters.

- The vacancy rate hit the 25.8% mark, equivalent to 342, 393 square meters.

Download Monterrey Office Market 3Q2021