The Montejo submarket has positioned itself as one of the most attractive areas for companies looking for a place to set up their corporations in Merida, which is currently considered the most important market in southern Mexico.
Its location extends from the center to the north of Merida, encompassing its emblematic Paseo de Montejo avenue, which has become the representative office area of this market, with important buildings including Torre Uno - Vía Montejo, an avant-garde building and the first corporate park in the southeast with almost 11 thousand square meters of AAA offices.
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With 52 thousand square meters of class A offices, where prices range from $19.04 USD/m²/month, with buildings such as Mid Center, a business center with luxury corporate spaces. As well as 17 thousand square meters of class B offices priced at an average of $15.29 USD/m²/month, for those companies that are looking for an alternative in the best area but at a lower cost.
The figures that this submarket has shown throughout the months also reflect its growth, since during the course of this year it has had a total of 2.7 thousand square meters of leases and sales, which means an increase in absorptions of 48% in relation to the same period last year.
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The relevance that the Montejo submarket has within the office real estate sector in the southeast of the country is undeniable, the increase in its demand and the decrease in available spaces denotes the interest that it has awakened in large corporations and in turn in investors, since the Torre Dos - Vía Montejo is currently under construction, which promises to be a key element to continue with the development of this submarket.
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