Office vacancy rate in Querétaro increases: 13.8% in June 2025
Solili | July 31, 2025 |

The office market in Querétaro saw an increase in corporate supply, ending June 2025 with a vacancy rate of 13.8%, representing an increase of 13,000 square meters of vacancy over the first half of this year.

See here: Office leasing in Mexico City decreases 18% in the last year

This increase in vacancy is primarily related to a rise in the number of unoccupied offices, as the vacancy rate from January to June 2025 doubled compared to the same period in 2024.

In turn, cumulative demand for the first half of 2025 closed at 12,000 square meters, showing a 3% decrease compared to the period from January to June 2024.

Of interest: Solili Office Report 2Q 2025: Demand is 10% lower than that reported in June 2024

The increase in vacancy levels, combined with the contraction in demand, demonstrates a dynamic marked by prudence in corporate decisions and the influence of macroeconomic factors such as interest rates and inflation, which has led to the Querétaro corporate market. experience an increase in its vacancy rate.

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