With industrial activities focused mainly on manufacturing, proximity to the United States, and skilled labor, the Chihuahua industrial real estate market stands out as one of the most relevant in the northwestern part of the country.

To this must be added the infrastructure projects oriented to the state of Chihuahua to be executed before 2024, which until the moment of their presentation included investments for the construction and modernization of the Chihuahua Airport, Ciudad Juárez Airport, for the San border port. Jerónimo, for the Juárez railway bypass and for the Ciudad Juárez bypass, works that together amount to more than 4.1 billion pesos.

The supply of industrial buildings in this demarcation ranges from 8,000 to 250,000 square feet, with the capacity to meet the needs of national or foreign investment.

The automotive, metallurgical and electronics industry has great growth potential due to the workforce, which is qualified and has a lesser impact on the cost structure, compared to the United States.

According to the Trade Agreement between Mexico, the United States and Canada (T-MEC) in the automotive section, the rule of origin encourages the search for regional suppliers to cover 75% within 3 years.

The T-MEC proposes that North American companies should review their decisions with their virtues to replace Japanese companies and cover their production in North American territory. In case of not achieving it, see if these Japanese companies are and look for them to come to Mexico so that they can sell their product in Mexico and be able to export to North America.

At the end of 4Q 2020, the industrial market of the city of Chihuahua had 341

industrial properties with 34 available spaces distributed throughout all corridors. The North corridor is where most of the real estate inventory is concentrated with 54% followed by the East 14.6%. West 14.5%, South with 10.6% and the remaining 6.3% in the Center.

The vacancy at the end of the fourth quarter in Chihuahua reported a total of 1.4 million square feet, which represents a rate of 5.2%, with an average rental price of $ 0.39 USD / sq. Ft. / Month.

Some of the most important industries in the state capital are aerospace, automotive, metallurgical and electronics, which is expected to grow in 2021 due to the entry into force of the T-MEC in June of this year.