Comportamiento en los precios de arrendamiento del mercado de oficinas en la zona metropolitana de Monterrey

Abstract

The purpose of this study is to identify the changes in the leasing prices by square meters (m2) of office building types “A” & “A+” according to the Building Owners and Managers Association (BOMA) standards, classifying diverse categories according to the age and the characteristics of the construction, including free spaces, heights, etc. The best classification is A and A+, which is determined by the best attributes. These categories are analized in the city of Monterrey, using a general approach and a particular emphasis in the particularities of each office corridor. The criteria used for the study is nonprobabilistic, taking data from the last trimester of 2013 to the last trimester of 2018, concluding a multivariable regression. One of the main conclusions of the study is that the leasing price of the square meter in the city of Monterrey is not correlated by the country inflation, but by the growth in the office market in a clear way, demonstrated by the expansive displacement in both, the supply and demand curves.