During July 2025, office move outs in Mexico reached 28,000 square meters, representing a 22% increase compared to the same month last year.

Of Interest: Solili Office Report July 2025: National Vacancy Closes at 16.5%, Continues to Decline

This performance reflects a readjustment dynamic in the national corporate market, where companies are still undergoing restructuring processes.

Mexico City accounted for the majority of this office vacated space nationwide, with 90% of the total space vacated during the month of July, followed by Tijuana with 5%, and Monterrey with 4%, showing more moderate movements in their respective markets.

See here: Nueva Zona Financiera leads Guadalajara office investment through 2025

Despite this outlook, national office demand remained strong in July 2025, with 110,000 square meters. Mexico City accounted for the majority of leases, accounting for 80% of total occupied space, followed by Monterrey with 12% and Guadalajara with 6%.