The office market in Monterrey shows signs of oversupply
The office market in Monterrey registered an increase of 11.6% in the activity of leasing corporate spaces during 3Q 2019, but the demand for space has not been high enough to lower the vacancy by 15.0%, according to Solili real estate platform.
In this period 4 class A buildings were delivered, the net absorption of the city closed with 30,000 m 2, and the construction activity closed with 272,400 m2.
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