In an economic environment marked by greater global business caution, Mexico's office market has been showing changes in its dynamics. At the end of April 2025, demand for corporate space reached 60,000 square meters, representing a year-over-year contraction of 18%.

In turn, office move outs in the country totaled 43,000 square meters in April 2025, representing a 38% decrease compared to the same month last year.

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Most of the vacated space was concentrated in Mexico City, with 90% of offices vacated, followed by Monterrey, which registered 4,000 square meters.

According to the volumes reached during April 2025, office move outs represented 29% of the leased space during the same period. This result contrasts positively with that observed in April 2024, when vacated space was equivalent to 94% of demand.

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This reduction in the release of space diverges from the drop in demand, indicating that the current economic context has led companies to make more cautious decisions regarding expansion or relocation. At the same time, market performance shows relative stability in occupancy, with companies remaining in their locations, in an environment influenced by constantly changing local and global economic dynamics.