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SMI - GERAL Q1 2026
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Latin America's tallest tower in Mexico

  • Ancore Group defies challenging times and opens the tallest tower in Latin America, the T.OP project in Monterrey.
  • Despite the pandemic, the 63-story corporate building and 45-story residential complex have officially commenced operations, attracting tenants like WeWork.

The Obispado Towers have 67 thousand square meters of space. Photo: Ancore Group.
The Obispado Towers have 67 thousand square meters of space. Photo: Ancore Group.
09/29/2020

Despite the three-month paralysis caused by the pandemic, which affected economic activities, general mobility, and plans, some pressed forward. And by forward, we mean upward. We're talking about Ancore Group, led by Oscar Martinez. In partnership with Pedro de los Santos' Grupo Nest, they officially opened their project, Torres Obispado, widely known as T.OP. in Monterrey.

What's so special about it, you ask? It is the tallest tower in Latin America, featuring a 63-story corporate building standing at a soaring height of 304.8 meters alongside a 45-story residential complex. Although the project was initially scheduled to open last year, its official operation commenced in the second quarter of 2020.

The corporate tower, which houses a Hilton Garden hotel and a Tim Hortons, boasts a notable tenant: WeWork. The shared office space company, spearheaded by Alvaro Villar in Mexico, has acquired nearly 13,000 square meters within T.OP.

Some may consider it a daunting task to introduce approximately 67,000 square meters of office space to the market during a pandemic. However, optimists, such as SiiLA, the real estate platform led by Jose Carlos Aleman, believe that entering the market is better than not doing so.

Read the full article (in Spanish).

Latam
Mexico
Nuevo Leon
CRE
Market Analytics
Development

ABOUT SiiLA

Founded in 2015, SiiLA is the industry leading REsource for comprehensive commercial real estate market insights, news and events across Latin America. The SiiLA suite of innovative products drive greater accuracy, efficiency, and strategic advantages for top players in the commercial real estate industry.

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Transactions


César Soriano leads Seguros Confíe, which leased more than 5,700 sqm of office space in Mexico City during 2026. Photo: SiiLA.
Office Leases Defy Economic Uncertainty
Raúl Gallegos, CEO of FIBRA NEXT. Photo: SiiLA.
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Nearshoring

Lorenzo Berho leads Vesta, which delivered one of the largest industrial buildings in Q1 2026, totaling more than 67,000 sqm. Photo: SiiLA.
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Mexico Attracts Companies, Not Necessarily New Industries

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