• The Class A/A+ office market in Monterrey reported slightly more than 320,000 sq. m. under construction at the end of Q4 2019, the highest figure reported in the last five years.
  • The vacancy rate was 15.9%, which is slightly more than 208,000 sq. m. of vacant space.
  • The average rent asking price for Q4 2019 closed at US$19.78 per sq. m. per month, which is US$2.26 lower than Q4 2018.