- The availability with which the quarter closed was 24.93%; This represents an increase of 0.13 points with respect to the previous quarter.
- The new offer added 278,462.36 ft² during the quarter, decreasing 89,193.85 ft² unlike the previous year (1Q2019).
- Absorption was 77,372.96 ft², which when compared to 4Q2019 decreased 333,584.35 ft² and as of 1Q2019, it also registered a decrease of 81,902.59 ft².
Monterrey Office Market Report
The beginning of this year was marked by a decrease in the absorption in the Monterrey office market and its Metropolitan Area, the decrease in quarterlyabsorption of the 1Q was very important compared to the 2 previous years. In 1Q2018 264,250.84 ft² were covered, in 1Q2019 the market absorbed 159,276.98 ft² and in the current quarter 77,372.96 ft².