At the end of July 2025, the office market in Mérida registered a 10% decrease in leasing transactions, compared to the same period last year.

See here: Solili Office Report July 2025: National vacancy closes at 16.5%, continues to decline

The Blvd. García Lavín submarket accounted for 78% of office demand in Mérida; on the other hand, Montejo registered 13% of transactions, while Cabo Norte accounted for 9% of the total.

In July 2025, transactions were characterized by a greater preference for Class B buildings, as they accounted for 80% of investments.

Of interest: Office demand in Mexico City reported a sharp increase in July 2025

During 2025, vacancy in Mérida's corporate market doubled, primarily due to the significant addition of new office supply. However, demand is beginning to play a key role in balancing this dynamic, facing the challenge of absorbing the growing availability that will stabilize the relationship between supply and demand.