Mérida's corporate market, recognized as the most important in southern Mexico and characterized by its sustained expansion, showed increased dynamism in demand at the close of February 2026.

Of Interest: Solili Offices Report February 2026: National vacancy rate below 15%

During the period, absorption reached approximately 1,400 square meters of office space, representing a 20% increase compared to January-February 2025. This performance is particularly positive considering that demand had been moderate during the previous seven months.

Cabo Norte once again concentrated all office investments during January and February, reaffirming its position as the main focus of interest for real estate capital. The preference for this submarket occurs within a context of continued consolidation of high-specification corporate projects.

See here: Office demand in Tijuana rebounds during January 2026, the second highest in the country

After a period of adjustment with higher availability levels, the market is beginning to show signs of progress in office leases, particularly in the Class A segment, positioning Mérida as a market in the process of stabilization.