At the close of Q2 2026, Tijuana positioned itself as the corporate market with the lowest vacancy rate nationwide, at just 6.4%, followed by Monterrey with a rate of 10.7% and Guadalajara with 11.1%.
Over the past 12 months, the vacancy rate in Tijuana's corporate market showed a slight increase of 79 basis points, closing June at 6.4%. However, it is still well below the national average of 15.4%.
See here: Solili Offices Q2 2026 Report: Demand reaches 244,000 m² and vacancy rate drops to 15.4%
The rental price for offices in Tijuana closed June at $21.20 USD per square meter per month, maintaining stability over the past year. Although historically Tijuana has had the highest rents in the country, it was surpassed by Mexico City at the end of June, which registered $21.37 USD per square meter per month.
Despite Tijuana continuing to have the lowest vacancy rate in the country, the moderation in demand for space has contained rent growth, allowing Mexico City to surpass it for the first time as the office market with the highest prices in the country.
Of interest: Polanco and Santa Fe lead office demand in Mexico City in April-May 2026
Meanwhile, gross absorption remained at levels practically the same as those recorded in the second quarter of 2025, with a total of 2,500 square meters occupied. While demand has shown a more moderate pace, Tijuana's corporate market continues to stand out for its vacancy rate, which remains the lowest in the country. These indicators reflect a market with solid fundamentals, where stability in employment has helped to maintain income levels, although with less room for increases in the short term.
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