Vacated Office Space in Mexico City Decreases 22% During July-August 2026
Solili | September 29, 2026 |

During July-August, accumulated vacated office space in Mexico City totaled 45 thousand square meters, representing a 22% decrease compared to the same period in 2025.

Of interest: Solili Office Report August 2026: Demand Decreased 38% During July-August 2026

Nationwide, vacated office space totaled 278 thousand square meters during July-August 2026, of which Mexico City accounted for approximately 16% of the total volume.

Vacated office space in Mexico City was concentrated mainly in Class A buildings, which represented 73% of the total, equivalent to approximately 33 thousand square meters. Class B buildings accounted for the remaining 27%, with approximately 12 thousand square meters.

In terms of pricing, Mexico City recorded an average rent of $21.40 USD/m² per month, once again placing the capital among the markets with the highest prices, in a context of lower space availability.

Read more: Monterrey Reaches Historic Low in Office Construction, with 160 Thousand m²

Among Class A buildings, the Reforma submarket recorded the highest rental price at $29.18 USD/m² per month, followed by Lomas Palmas at $27.23 USD/m² per month and Insurgentes at $25.81 USD/m² per month. Among Class B buildings, the Santa Fe submarket led rental prices at $21.58 USD/m² per month, followed by Lomas Palmas at $20.75 USD/m² per month and Polanco at $20.23 USD/m² per month.

Overall, the decrease in vacated space and the level of rental prices point to a more balanced and competitive office market heading into the end of the year.

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