Mérida’s office market showed a recovery in leasing activity during May 2026, recording 2,000 square meters of absorption, its strongest monthly performance so far this year.

Related: Solili Office Report May 2026: Demand reached nearly 200,000 m², 55% higher than April–May 2026

All activity was concentrated in the Cabo Norte corridor, which reaffirmed its position as the city’s main hub for corporate investment. In recent years, this area has increased its market share thanks to the development of Class A office buildings and a growing volume of purchase and sale transactions, particularly in newly built projects.

The momentum seen in Cabo Norte aligns with a favorable economic environment in Yucatán. In recent months, the state has continued to attract private investment across sectors such as logistics, industry, healthcare, education, and retail, supporting economic activity and job creation. At the beginning of 2026 alone, more than 3 billion pesos in investment projects were announced across various municipalities in the state, including the capital city of Mérida.

Likewise, Mérida has maintained positive indicators in formal employment and business attraction, consolidating its position as one of the most economically dynamic urban markets in the country. These conditions have helped sustain demand for high-quality office space.

Read also: León, Guanajuato: third-largest corporate construction market in the country with 110,000 m²

The May results further reinforce Mérida’s position as the leading office market in southern Mexico, supported by a favorable economic environment, growing investment inflows, and an expanding business infrastructure that continues to evolve to meet the needs of both national and international companies.