Paseo de la Reforma is a trophy-tier Mexico City submarket with average asking rent around MX$700/sqm/mo · ≈ $40.6 PSF/yr USD.

  • Average asking rent: MX$700/sqm/mo · ≈ $40.6 PSF/yr USD.
  • Tier: trophy.
  • Citywide Class A rent context: MX$580/sqm/mo · ≈ $33.6 PSF/yr USD ($34 USD).
  • Citywide vacancy: 22.6% — submarket-level availability is typically tighter at trophy tier.

Paseo de la Reforma, Mexico City office rents and availability

Paseo de la Reforma is a trophy-tier Mexico City submarket with average asking rent around MX$700/sqm/mo · ≈ $40.6 PSF/yr USD.

TL;DR

  • Average asking rent: MX$700/sqm/mo · ≈ $40.6 PSF/yr USD.
  • Tier: trophy.
  • Citywide Class A rent context: MX$580/sqm/mo · ≈ $33.6 PSF/yr USD ($34 USD).
  • Citywide vacancy: 22.6% — submarket-level availability is typically tighter at trophy tier.

Where rent sits

Paseo de la Reforma averages around MX$700/sqm/mo · ≈ $40.6 PSF/yr USD for Class A, against a citywide Class A index of 580. As a trophy submarket, rent runs above the city average and availability is structurally tight.

Availability dynamics

Mexico City's trophy spine. Banking, multinational HQs, professional services, embassies, hospitality.

Key facts

cityMexico City
submarketPaseo de la Reforma
tiertrophy
averageRentLocalMX$700/sqm/mo · ≈ $40.6 PSF/yr USD
cityClassARentUsd$34/sqft/yr
cityVacancyPct22.6%

Frequently asked questions

What is the average Class A rent in Paseo de la Reforma, Mexico City?
Around MX$700/sqm/mo · ≈ $40.6 PSF/yr USD. The citywide Class A index sits at MX$580/sqm/mo · ≈ $33.6 PSF/yr USD.

Related

Editorial provenance

Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.

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