The office market in Mexico continues to show signs of recovery, driven by reduced space availability, growing demand, and an increase in rental prices. This trend unfolds as companies prioritize properties with superior technological features, strategic locations, and greater operational efficiency.

Of interest: Santa María submarket has Monterrey's highest office vacancy rate

According to data from Solili—cited by Grupo FREL—as of the end of September 2026, the total vacant office space nationwide stood at 2.6 million square meters (m²). This represents a 6% year-over-year decrease and a 13% reduction compared to 2024.

The office vacancy rate currently sits at 14.7%, while rental prices have reached their highest level in two years.

Check here: Puebla maintains competitive industrial rents, 15% below national average

This decline in available space has also influenced rental trends. In September, the national average monthly rent reached $20.75 per m²—the highest level in the last 24 months—following a return to an upward trajectory in mid-2026.

At Solili, you can find available offices in: Querétaro, Ciudad de México and Puebla

Original Note