During 2025, the Mérida corporate market registered a total demand of nearly 6,000 square meters. This dynamic was primarily driven by investment activity, as 58% of transactions involved acquisitions of corporate spaces.

Of interest: Solili Offices Report Q4 2025: Office demand increases nationwide, growing 14% in 2025

For the second consecutive year, the Cabo Norte submarket positioned itself as the area with the highest demand, concentrating 37% of total leases registered in 2025. This leadership was mainly driven by investments made in The Sky, one of Mérida's most significant corporate developments.

On the other hand, the Blvd. García Lavín submarket also showed significant activity in both office leasing and sales during 2025, accounting for 32% of total transactions.

See here: Office leasing in Mexico City exceeds 200,000 m², 30% more than in Q4 2024

Currently, activity in the Cabo Norte submarket has been driven by investment transactions, in a context of inventory expansion. It is expected that as recently added projects move into their leasing phase, the submarket will gradually advance toward a stabilization stage.