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Mercado Libre Opens Vanguard Offices in Mexico

  • With panoramic views, innovative design, and cutting-edge technology, Mercado Libre unveiled new offices in Mexico City, featuring an amphitheater, collaborative spaces, meeting rooms, desks with treadmills, and more.

Technology and innovation characterize Mercado Libre's new offices in Mexico City. Photo: insiderlatam.com.
Technology and innovation characterize Mercado Libre's new offices in Mexico City. Photo: insiderlatam.com.
By: SiiLA News
01/15/2024

In late November, the renowned e-commerce platform, Mercado Libre, enthusiastically celebrated the official opening of its new facilities in Mexico, strategically located in the Polanco area of the country's capital. This innovative space, named "Melitlán," creatively merges the nickname "Meli" from Mercado Libre with "tlán," a Nahuatl word meaning place.

David Geisen, the country manager of Mercado Libre Mexico, shared his excitement about the new offices, emphasizing that this space not only reflects the culture and DNA of the brand but also inspires them to carry out their tasks with excellence.

With impressive panoramic views, cutting-edge technology, and architectural avant-garde, the brand-new offices offer a novel design that includes an amphitheater, collaborative outdoor work areas, modern meeting rooms, a state-of-the-art cafeteria, and even desks with treadmills to promote a dynamic work environment.

With over two decades in Mexico, Mercado Libre has become a crucial player in the country's economy. Platform-revealed data confirms that up to 414,000 Mexican families depend on its ecosystem as their main source of income. Additionally, the Argentine company takes pride in having generated more than 12,000 jobs in the country since its arrival.

In the last quarter of 2023, Mercado Libre has occupied 3,000 m² in the LLevel Polanco office building, located in the office market of Mexico City (Address: Blvd. Miguel de Cervantes Saavedra 161, Granada, Miguel Hidalgo, 11520 Mexico City, CDMX). The building, with a gross leasable area (GLA) of 22,951 m² spread across 15 floors, now reaches an occupancy of 16.5% with Mercado Libre's presence, becoming a neighbor to Elecnor.

Mexico remains the second most relevant market for Mercado Libre, surpassed only by Brazil. Throughout this year, the company has allocated a significant investment of $1.65 billion to its operations in the national territory, focusing on expanding its logistics network, covering 90 e-commerce facilities, including 8 distribution centers. It also involves the deployment of over 630 electric vans to optimize last-mile services.

For more information on this and other topics related to the commercial real estate market, explore SiiLA REsource, or contact us at contacto@siila.com.mx.

 

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Mexico
Mexico City
Office
Market Analytics
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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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