The state of Yucatán, and its capital Mérida, have shown great resilience in periods after the pandemic by becoming an investment refuge, which has not gone unnoticed by developers of real estate projects, including residential, commercial, industrial and the emerging corporate sector.

In the report prepared by the Mexican Institute for Competitiveness (IMCO), where the 2022 State Competitiveness Index is generated, Yucatan stands in first place in two indicators: Reliable and objective legal system, and stable and functional political system , generating a reference framework of security for investment.

Factors such as the quality of human capital, road infrastructure, connectivity and support from the authorities complement the conditions for the establishment of new private initiatives.

Of interest: Mexican manufacturing in capacity to boost supply of semiconductors

Part of the push that has been seen in this market is associated with the important industrial development that has been generated in the last three years. As reported by the National Institute of Statistics and Geography (INEGI), the joint work of the public and private initiative has generated a production value of 25 thousand 13 million pesos, which represented a growth of 12.6% compared to the same period in 2021.

In turn, industrial development demands a greater quantity and variety of corporate spaces for the Yucatecan capital, which registered a gross demand of almost eight thousand square meters during the first eight months of 2022, under a scenario where the net absorption that includes vacancies almost reached 4 thousand square meters at the end of 2Q 2022.

By consulting the Solili platform you will be able to locate Class A and B corporate spaces that range from small offices of 30 square meters to buildings that make up various floors that together exceed 8 thousand square meters.

We have seen how the iconic profile of the city has mutated to house buildings such as The Sky with 36 levels or Mid Center and Orion Business Hub with 10 levels each. These buildings allow for complete floor configurations ranging from 800 to 1,200 square meters. Cabo Norte, Montejo and the Boulevard Garcia Lavin corridor are developed from the center to the north on the Mérida-Progreso Highway and make up the main axes where the new corporate projects are located.

Check here: Office leasing grows 2.4 times nationwide in July and August 2022

Currently, more than 34,000 square meters are advancing in new office buildings with an availability rate that reaches 45% and where the current offer stands at more than 80% in sizes smaller than 200 square meters.

This format is ideal for the investment that has characterized the office sales market in Mérida and which, in turn, finds a guarantee of profitability in tenants who seek to develop their business initiatives under the rental scheme.