Office demand nationwide between April and May 2025 reached a total of 129,000 square meters, a figure that reflects stability, maintaining levels similar to those recorded in the same period last year.

See here: Solili Office Report May 2025: Demand in the country reached 129,000 square meters between April and May 2025

During this two-month period, the nation's capital accounted for the majority of transactions, with 72% of corporate demand, followed by the office markets of Guadalajara and León, Guanajuato, with 9% and 6%, respectively.

On the other hand, office vacancy activity nationwide totaled 77,000 square meters, representing a 10% decrease compared to the same months in 2024, indicating an improvement in the retention of occupied space.

Of interest: Office leasing in Mexico City slows during the first four months of 2025

The corporate markets that reported the highest volume of vacant space were Mexico City, with 91% of the national total, followed by Monterrey with 5% and Puebla with 3%.

The Mexico City corporate market faces a challenging environment, characterized by adjustments in space needs, new hybrid work models, and greater selectivity on the part of tenants. However, demand has shown solid performance, with moderate vacancy levels that suggest a gradual recovery and a trend toward stabilization.