Business · Companies · 2 hrs ago

Puebla shop tenants are staying longer as sales and security improve

Puebla shop tenants are staying longer as sales and security improve

Businesses in Puebla are staying in rented shops for up to two years, up from about one year in 2023 and 2024, according to the local real estate professionals’ association.

Rising sales help shops remain in place, and successful businesses may later move to larger spaces in better locations.

Many new businesses seek shops in small shopping plazas, where monthly rent is often 5,000 to 6,000 pesos.

Security is a major reason to choose a plaza, as merchants want 24-hour guards and say cameras alone are not enough to protect them from crime.

The association says small plazas are already plentiful in Puebla and nearby municipalities, so it does not see a need to build more.

Plaza owners are urged to provide good conditions to keep their units occupied throughout the year; a typical plaza has about 20 shops.

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What people are saying

Julio Javier Préstamo AbregoPresident of AMPI’s Puebla chapter
Merchants want the peace of mind that there will be surveillance and they will not be victims of crime, as is happening more frequently to businesses that rent standalone units.
via El Economista MX