Paseo de la Reforma's tenant base is anchored by banking, multinational hqs, professional services, embassies, hospitality.

  • Tier: trophy.
  • Tenant character: Mexico City's trophy spine.
  • Average rent: MX$700/sqm/mo · ≈ $40.6 PSF/yr USD.

Paseo de la Reforma, Mexico City tenant profile

Paseo de la Reforma's tenant base is anchored by banking, multinational hqs, professional services, embassies, hospitality.

TL;DR

  • Tier: trophy.
  • Tenant character: Mexico City's trophy spine.
  • Average rent: MX$700/sqm/mo · ≈ $40.6 PSF/yr USD.

Who clusters here

Banking, multinational HQs, professional services, embassies, hospitality.

What that means for newcomers

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.

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 kind of tenants lease in Paseo de la Reforma?
Banking, multinational HQs, professional services, embassies, hospitality.

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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