CBRE: Office space net absorption of 16,000 square metres in Guadalajara in 4Q15

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In its 4Q15 review of the office markets of Latin America, CBRE noted that net absorption of prime office space in Guadalajara during the quarter amounted to 16,000 square metres. The average vacancy rate was 5.1%. Across the 11 cities in the region that were surveyed by CBRE, net absorption during the quarter amounted to 380,000 square metres and the average vacancy rate was 13.9%. In relation to the prime office market in Guadalajara over 2015 as a whole, CBRE highlighted the generally strong demand for new office space, especially from IT firms.

Source : CBRE/ Mar 2016/Guadalajara/OFF