At the close of Q1 2026, Tijuana experienced a surge in office demand, surpassing 14,000 m². This performance positions the city in third place nationwide, trailing only behind Mexico City and Monterrey.

Read more: Solili Q1 2026 Office Report: National office demand increases 40% compared to Q1 2025.

The Agua Caliente submarket accounted for the majority of leasing transactions during the quarter, driven by occupancy in Class A buildings.

The Tijuana market ended March with the lowest vacancy rate in the country, standing at 6.9%. Locally, the Agua Caliente submarket maintains the market's lowest rate at 1.3%; in contrast, the Vía Rápida submarket holds the highest at 31.3%.

Of interest: Office vacancy in Monterrey decreased during the first two months of the year.

The Tijuana real estate market faces low availability, which is driving up rental prices and consolidating the city as an epicenter of business dynamism in northwestern Mexico.