In July, office demand in Mexico City reached 23,000 m², with the Polanco, Insurgentes, and Lomas Palmas submarkets capturing the largest shares.

Polanco recorded the highest demand, accounting for 30% of the total. This submarket stands out as a luxury hub, attracting companies that seek to capitalize on the area's prestige and offer a high quality of life to attract and retain talent.

Read more here: Solili Office Report – July 2026: Leasing totaled 540,000 m² from January to July 2026

Meanwhile, the Lomas Palmas submarket ranked third, capturing 17% of demand. In this area, the private sector prioritizes factors such as privacy, exclusivity, and proximity to high-income residential neighborhoods.

Rental prices across these three submarkets show contrasting trends. Insurgentes recorded the largest increase, rising 12.9% to close July at $22.61 USD per m². This growth reflects the submarket's strength and its consolidation as one of the most attractive markets for the corporate sector.

Of interest: Tijuana loses its position as the market with the highest office rental prices in the country

Polanco showed a moderate year-over-year increase of 2.6%, with a rental price of $23.58 USD per m² in July. As a mature, established market, its stable price growth maintains its appeal to the corporate sector without showing significant fluctuations.

For its part, the Lomas Palmas submarket experienced a 5.5% contraction in rental prices, settling at $25.10 USD per m² in July. Despite this decline, it remains the submarket with the highest rental price among Mexico City's major office markets. The reduction could be part of a strategy by property owners to maintain the competitiveness of their spaces vis-à-vis the supply in other prime corporate submarkets, such as Polanco and Santa Fe.