Paseo de la Reforma is best-fit for banking, multinational hqs, professional services, embassies, hospitality.
Paseo de la Reforma is best-fit for banking, multinational hqs, professional services, embassies, hospitality.
Banking, multinational HQs, professional services, embassies, hospitality.
Cost-sensitive operations and back-office functions are usually a poor fit — the rent premium is real and is paid for brand and address.
| city | Mexico City |
|---|---|
| submarket | Paseo de la Reforma |
| tier | trophy |
| averageRentLocal | MX$700/sqm/mo · ≈ $40.6 PSF/yr USD |
| cityClassARentUsd | $34/sqft/yr |
| cityVacancyPct | 22.6% |
Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.