Chihuahua begins the year with strong dynamism of industrial demand
Solili | February 07, 2023 |

Chihuahua ended 2022 with a gross industrial demand of 143,000 square meters, being the market that registered the highest percentage increase nationwide, exceeding 2.3 times what was accumulated during 2021.

However, this increase has been supported mainly by custom-made projects or BTS that reach 66% of the demand in this market. During 2002, industrial warehouses ranging from 800 square meters to 24 thousand square meters were occupied, the latter corresponding to the manufacturing business of the optical sector located on the South submarket.

61% of the ships demanded during the year are Class A, in a market attended by half a dozen developers who know the region and its opportunities extensively.

Consult here: Industrial demand forces industrial developers in Tijuana to almost triple construction

The start of the year generated an important dynamism that led this market to concentrate 10% of the national gross demand in the month of January 2023, with just over 53 thousand square meters. Part of these closures had been advancing at the end of 2022 but it was at the beginning of the year that they were arranged.

The leading role in the demand for January also falls on the format of tailor-made projects, which maintains the historical trend of both what is demanded and what is built in this market in the north of the country.

Let us remember that Chihuahua as a federal entity was the one that exported the most merchandise abroad during the third quarter of 2022 at the national level. It will also be necessary to consider that as an entity it will group the markets of Chihuahua and Ciudad Juárez.

Of interest: Solili Industrial Report January 2023: Demand began the dynamic year and registers 505 thousand m²

According to the National Institute of Statistics and Geography (INEGI), the states with the greatest contribution to the total value of exports were: Chihuahua 14.9%; Coahuila de Zaragoza 11.6%, Nuevo León 10.2%, Baja California 10.1% and Tamaulipas 6.4%, which together make up 53.2% of the national total.

Transportation equipment, computer equipment, communication, measurement and other electronic accessories, as well as equipment for power generation, participated prominently in the export category.

This important industrial real estate market will continue to be key to propping up the sustained growth that is expected in exports this 2023. This year we can expect a scenario of rising rental prices that have already reported increases of 12% in the midst of a vacancy that closes at 1.7%.

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