Sergio Hinojosa, director of JLL's Tijuana Offices, informed that the diversification of the Class A office market in said aforementioned city of Baja California is accelerating.

The foregoing is thanks to the reactivation of companies to return to corporate, to phenomena such as nearshoring and reshoring, which gained great popularity as a result of Covid-19; as well as the growing demand from Medical Tourism.

Check here: Demand for offices in CDMX resumes pre-pandemic rhythm, rising 16% over 1st semester 2019

The recovery of the market has maintained the vacancy rate, presenting a low trend of 4.71%, a percentage that was increased only due to vacancy in the Tercera Etapa del Río submarket, Hinojosa said.

Although the total inventory of Tijuana does not show an increase compared to the last year, greater growth is expected in the future, derived from the corporate buildings that are under planning and construction for the next two years, said the director.

Of interest: Office vacancy in CDMX continues to drop

According to JLL, the currently available spaces are located in the fastest growing corridors of the city: Zona Río, Zona Dorada and Tercera Etapa del Río.

Zona Río continues to be the one with the greatest demand, because it is known as the financial zone of the municipality and where the largest public transport route, shops, and executive hotels are concentrated.

In Solili you can consult offices available in Guadalajara and Monterrey

Original note