Merida's office market is positioned as one of the most important in the country. As of the end of October 2025, the vacancy rate reached 16%, more than eight percentage points higher than the level recorded at the beginning of the year.

See here: Solili Office Report October 2025: accumulated demand from January to October grew 18% year-on-year

The Cabo Norte submarket is positioned as the main hub for corporate office space, with a vacancy rate of 34.5%. This increase is primarily due to the addition of The Sky building, which added more than 14,000 square meters of new office space to the local market.

Of interest: Office leasing in Monterrey increases 55% during Q3 2025

The recent addition of this building to the city's corporate inventory has increased market availability, marking a turning point in the supply of premium spaces in Mérida and positioning Mérida as a competitive market with a diversified and top-tier offering.