The Class B Office market represents an alternative for all those interested in finding a space with a lower cost than Class A complexes, since they are well located buildings and have all the characteristics for the development of corporate activities. In Mexico City there is an institutional market, being mostly commercialized by real estate companies, and flexible since it allows to have advantages that class A does not count with as: closing contracts in pesos and with shorter terms of rental time, subdivisions of smaller size and in some cases negotiable prices.

The size of the Class B market in Mexico City is 3.4 million square meters. 65% of the inventory is concentrated in the corridors of Insurgentes, Polanco and Reforma. The location, infrastructure and supply of services that these areas have traditionally counted on have allowed the development of this type of space in these corridors to be greater than the rest of the city and currently continues to grow.
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The class B corporate market reports an availability rate of 6.8%, thus considering a market with healthy levels. Currently, the available meters of class A (830,303 m2) is 3.5 times higher than those of class B (235,832 m2), being the main factor the dynamism of the new offer that the market A reports and in contrast to the stable behavior of this same indicator of the Class B market. Although the Class A inventory almost duplicates the B, the latter has a greater number of buildings, due to the characteristics of the buildings of each market. Class B buildings have smaller type plants with fewer floors compared to Class A buildings.
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In general, prices for class A spaces are 27% higher than market B, with some exceptions where they are very similar, as in the Interlomas and Lomas corridors. In this case, the buildings do not compete for quality, since other elements determine the price, such as location and low availability.
On the other hand, the Reform corridor registers the highest price differential between class A and B. This is because in this corridor the competition between both types of spaces is given by the characteristics and amenities of each building, making the difference between class A and class B very noticeable. Being one of the business centers (CBD) of the city, there is a great differentiation between classes, since large international corporations choose to pay higher prices for spaces of better characteristics, leaving class B spaces to companies that choose to pay a lower price but with a location within this area of the city.
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