---
title: "Paseo de la Reforma, Mexico City — Class A submarket"
description: "Mexico City's trophy spine."
canonical: https://classa.info/cities/mexico-city/paseo-de-la-reforma
pageType: neighborhood
lastUpdated: 2026-04-15T00:00:00.000Z
license: "CC BY 4.0 with attribution to Class A Atlas (https://classa.info)."
---

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

## TL;DR

- Mexico City's trophy spine.
- Trophy tier — ~MX$700/sqm/mo.
- Active Class A leasing market with deal flow across major broker desks.

# Paseo de la Reforma, Mexico City — Class A submarket

*Mexico City's trophy spine.* · Tier: trophy · Avg rent: MX$700/sqm/mo · ≈ $40.6 PSF/yr USD

## TL;DR

- Mexico City's trophy spine.
- [Trophy tier](/topics/trophy-asset-selection) — ~MX$700/sqm/mo.
- Active [Class A](/glossary/class-a) leasing market with deal flow across major broker desks.

## Overview

Paseo de la Reforma anchors Mexico City's trophy spine — Torre Reforma, Torre Mayor, BBVA Bancomer Tower, Torre Diana, and the deepest Class A concentration in Latin America.

## Tenant profile

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

## Typical specification

15–40,000 sqft floor plates available across newer Class A stock; 9'+ slab-to-slab and modern MEP common.

## Transit

Insurgentes (Metrobús L1), Sevilla (Metro L1), Cuauhtémoc (Metro L1).

Multi-modal transit captures the metro's principal professional catchment.

## Amenities

Bosque de Chapultepec, Reforma 222 retail, Glorieta Insurgentes.

## Comparable buildings

- **Torre Reforma** [](https://www.google.com/maps/search/?api=1&query=Torre%20Reforma%2C%20Paseo%20de%20la%20Reforma%20483%2C%20Cuauht%C3%A9moc%2C%2006500%20CDMX%2C%20Paseo%20de%20la%20Reforma%2C%20Mexico%20City%2C%20Mexico&query_place_id=ChIJx3Qn4U7_0YURou_bjVGKQhI)
- **Torre Mayor** [](https://www.google.com/maps/search/?api=1&query=Torre%20Mayor%2C%20Paseo%20de%20la%20Reforma%20505%2C%20Cuauht%C3%A9moc%2C%2006500%20CDMX%2C%20Paseo%20de%20la%20Reforma%2C%20Mexico%20City%2C%20Mexico&query_place_id=ChIJH8YOaMn-0YURGSgBIV5ARus)
- **BBVA Bancomer Tower** [](https://www.google.com/maps/search/?api=1&query=BBVA%20Bancomer%20Tower%2C%20Paseo%20de%20la%20Reforma%20510%2C%20Cuauht%C3%A9moc%2C%2006600%20CDMX%2C%20Paseo%20de%20la%20Reforma%2C%20Mexico%20City%2C%20Mexico&query_place_id=ChIJfYJ2RZX_0YURdFfsKKqgLiA)
- **Torre Diana** [](https://www.google.com/maps/search/?api=1&query=Torre%20Diana%2C%20R%C3%ADo%20Mississippi%2049%2C%20Cuauht%C3%A9moc%2C%2006500%20CDMX%2C%20Paseo%20de%20la%20Reforma%2C%20Mexico%20City%2C%20Mexico&query_place_id=ChIJr36pDwD_0YURNIR347nQtYo)

## Where Paseo de la Reforma sits in Mexico City

Paseo de la Reforma is one of 5 Class A submarkets we cover in Mexico City, classified as trophy tier with an average asking rent around MX$700/sqm/mo · ≈ $40.6 PSF/yr USD. Compared with the broader Mexico City Class A stock, Paseo de la Reforma typically attracts Banking, multinational HQs, professional services, embassies, hospitality and competes most directly with the city's other trophy submarkets on building specification, transit access, and [amenitisation](/glossary/amenitisation).

Adjacent submarkets to study alongside Paseo de la Reforma: [Polanco](/cities/mexico-city/polanco), [Santa Fe](/cities/mexico-city/santa-fe), [Insurgentes / Condesa-Roma](/cities/mexico-city/insurgentes-condesa-roma), [Interlomas & Bosques](/cities/mexico-city/interlomas-bosques). The full Mexico City submarket atlas is at [/cities/mexico-city](/cities/mexico-city).

## Topic deep-dives for Paseo de la Reforma

For an institutional Class A occupier evaluating Paseo de la Reforma, the highest-leverage analyses to commission next are the rent benchmark, the concession-package comparable, and the ESG performance baseline. Class A Atlas covers each as a dedicated topic page for this submarket:

- [Paseo de la Reforma — ](/cities/mexico-city/paseo-de-la-reforma/rents-and-availability)
- [Paseo de la Reforma — ](/cities/mexico-city/paseo-de-la-reforma/tenant-profile)
- [Paseo de la Reforma — ](/cities/mexico-city/paseo-de-la-reforma/transit-and-commute)
- [Paseo de la Reforma — ](/cities/mexico-city/paseo-de-la-reforma/amenity-and-lifestyle)
- [Paseo de la Reforma — ](/cities/mexico-city/paseo-de-la-reforma/trophy-and-comparables)
- [Paseo de la Reforma — ](/cities/mexico-city/paseo-de-la-reforma/fit-out-and-spec)

## Related glossary

Terminology specific to Mexico City Class A leasing and to the trophy tier: [Class A](/glossary/class-a), [Trophy asset](/glossary/trophy-asset), [Effective rent](/glossary/effective-rent), [Concession package](/glossary/concession-package), [TI allowance](/glossary/ti-allowance), [Submarket tier](/glossary/submarket-tier).

## Editorial provenance

Reviewed by [**Miriam Hollander**](/about/authors/miriam-hollander) — Lead market analyst. Last updated 2026-04-15. See our [methodology](/about/methodology) and [editorial standards](/about/editorial-standards).

### Primary sources for this page

- [CBRE Marketview reports](https://www.cbre.com/insights) — CBRE
- [JLL Office Insight](https://www.jll.com/en/trends-and-insights) — JLL
- [Cushman & Wakefield Marketbeat](https://www.cushmanwakefield.com/en/insights) — Cushman & Wakefield
- [Savills World Research](https://www.savills.com/research_articles/) — Savills
- [Colliers Global Office Outlook](https://www.colliers.com/en/research) — Colliers

[Full sources index](/about/sources) · [Submit a correction](/about/corrections)

## Related topics

- [**Class A Lease Negotiation**](/topics/class-a-lease-negotiation) — How to negotiate a Class A office lease — the playbook from LOI to signed deal.
- [**Hybrid Workplace Strategy**](/topics/hybrid-workplace-strategy) — How to size, structure, and lease a Class A office for a hybrid workforce.
- [**ESG / LEED for Tenants**](/topics/esg-leed-tenants) — How tenants evaluate, negotiate, and report on ESG performance in a Class A office lease.
- [**Cross-border Expansion**](/topics/cross-border-expansion) — How to run a coordinated Class A office search across multiple geographies.
- [**Fit-out Capex**](/topics/fit-out-capex) — How to budget, sequence, and govern Class A office [fit-out](/topics/fit-out-capex)">fit-out capex.
- [**Lease vs Flex**](/topics/lease-vs-flex) — When premium flex (coworking, [managed office](/glossary/managed-office)) beats a conventional Class A lease — and vice versa.

---

Citation: Source: Class A Atlas (https://classa.info/cities/mexico-city/paseo-de-la-reforma), updated 2026-04-15T00:00:00.000Z.
