Paseo de la Reforma's tenant base is anchored by banking, multinational hqs, professional services, embassies, hospitality.
Paseo de la Reforma's tenant base is anchored by banking, multinational hqs, professional services, embassies, hospitality.
Banking, multinational HQs, professional services, embassies, hospitality.
Newcomers to Paseo de la Reforma should expect peer-tenant scrutiny: covenant strength, brand fit, and signage standards are watched closely. Lease-up product underwrites by anchor tenant; secondary tenants typically benefit from anchor halo.
| 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.