Guadalajara has established itself as one of Mexico’s leading business centers, supported by a diversified economy and a growing presence of companies in the technology, retail, and services sectors. This business activity supports corporate growth and sustains demand for office space across the Metropolitan Area.

In this context, the Guadalajara Metropolitan Area office market recorded 36,000 square meters of gross absorption during the third quarter of 2026. This result ranked the city second nationwide, behind Mexico City, and represented one of its strongest quarterly performances in the past three years.

Cumulative office demand in Guadalajara reached 65,000 square meters between January and September 2026, representing a 38% increase compared with the same period of the previous year. This growth reflects a favorable trend in corporate activity and strengthens Guadalajara’s position among Mexico’s leading office markets.

Related: Solili Office Report | Third Quarter 2026

Demand also included spaces in projects that are still under development. Approximately 3,000 square meters corresponded to office sales in buildings under construction, while more than 3,500 square meters came from presales of projects in the planning stage. These transactions reflect the interest of companies and investors in securing corporate space during the early stages of development.

Guadalajara’s main business districts, Nueva Zona Financiera and Puerta de Hierro, accounted for 30% and 22% of gross office absorption in the third quarter of 2026, respectively. In Nueva Zona Financiera, 70% of transactions involved Class A office space, while the remaining 30% corresponded to Class B offices. In Puerta de Hierro, all demand was directed toward Class A buildings, reflecting a preference for higher-grade corporate space in the district.

Vacancy in Guadalajara’s office market has undergone significant changes in recent years, reflecting shifts in corporate demand and market conditions. Before the pandemic, the vacancy rate remained close to 18%, before beginning a downward trend that brought it to around 10% in 2024. Since then, the indicator has remained relatively stable, closing the third quarter of 2026 at 9.8%.

Read more: Juriquilla Submarket Accounts for 75% of Office Construction in Querétaro

Guadalajara’s office market continues to reinforce its relevance within Mexico’s corporate real estate landscape, supported by demand that ranked it as the country’s second-most active market during the third quarter of 2026. Activity across its main business districts highlights the interest in corporate spaces offering high standards of quality and strategic locations.

In the coming quarters, market performance will depend on the continuity of demand and companies’ ability to occupy available space. The completion of projects under construction and in the planning stage will also be an important factor in determining how supply adjusts to the needs of Guadalajara’s corporate sector.