Monterrey stands out for its high attractiveness for corporate real estate development
Solili | March 19, 2021 |

The city of Monterrey has managed to maintain an interesting profile for the installation of corporations as well as its high industrial performance, which places it as the second in the country.

Its inventory, which exceeds 1.2 million square meters, and is divided into 8 corporate corridors, has been able, in recent quarters, to attract the interest of developers with national and regional projection.

According to the real estate platform Solili, Monterrey reports an annual contraction of 3% in relation to rental prices with a vacancy that increased by 32% in annual terms, situated at a level similar to that reflected in Mexico City at the close. February 2021.

Its construction activity reports 267 thousand square meters that would increase inventory by 18% during the next three years.

The Valle Oriente, Centro and Santa María corridors managed to concentrate 35%, 29% and 27% of these projects in execution, respectively.

Only 5 projects concentrate about 27% of the construction in progress and offer a wide range of sizes from small offices of less than 200 square meters, through half floors and complete floors that can be joined allowing to structure larger surfaces.

It might interest you. Monterrey maintains office real estate investment
A relevant role has been played by local groups that strongly promote the skills profile of the royal city, with a demand that has been maintained and reached 140 thousand square meters at the end of last month.

Stay up to date with the most important news to the real estate

Subscribe Solili Newsletter