• Class A inventory is on the rise with 208,852 square feet under construction

The Class A Tijuana office market has grown steadily over the last 10 years. Increased demand for quality space has led to the development of modern product.

The office space inventory in Tijuana totals 2,230,820 square feet to august 2017, according with data retrieved by Solili.

It has a 7.7% of availability rate, which means around 172,761 squeare feet, with an average price of $18.02 USD/ft2/month.

While class B market totals 1,354,789 square feet, with an availability of 61,537 square feet, 4.5%.

Additional to this, there are currently 208,852 square feet of class A office space under construction.

According to the Solili Survey, most of the brokers see the construction increasing moderately to rapidly during the first 8 months of the year, and the trend will continue for the next six.

For the full Tijuana office market report, contact us at: contacto@solili.mx, for media inquiries: felipe@solili.mx.