Mexico City leads the country's industrial demand
Real Estate Market | October 09, 2022 |

The pressure of multiple companies that see a safe bet when settling in Mexican territory has continued to drive constant increases in demand in the industrial real estate sector at the end of the third quarter of the year (3Q22).

According to the 'Reporte Industrial Solili 3Q22', expansions dominate the scene without leaving behind new investments that seek to establish their operations in Mexico to be able to manufacture or store products as close to the United States, favored by the T-MEC. In recent quarters, the strategy of outsourcing production to third parties with access to raw materials and more competitive energy has been key to the boost registered in industrial demand.

Check here: The 3T 2022 CDMX demanded 620 thousand m² unseating Monterrey from first place

Gross demand, which manages to exceed 2.1 million m2 for the quarterly closing, is 11% higher than that registered in 3Q21. Once again, CDMX becomes the leading market at the national level, with a demand above 620,000 m2 that had been contained during the months of July and August and that is placed above Monterrey at the quarterly close.

Half of the demand is concentrated in the eight monitored border markets and CDMX takes center stage, accumulating almost a third of the national total.

El Bajío also had a boost in gross demand, participating with almost 20% of the total, where the markets of Querétaro and San Luis Potosí were the most active, registering 230 and 114 thousand m2, respectively.

Of interest: Aptiv invests 14.9 million dollars in a new production plant in Nuevo León

Regarding the country's industrial inventory, it increased by just over 1.2 million m2, which represents an increase of almost 2% quarterly. This increase in inventory was mainly driven by markets such as the country's capital and Monterrey, followed by Querétaro and Guanajuato.

During 3Q22, the construction of more than 1.3 million industrial m2 began, which represents 77 new industrial buildings. Construction activity exceeds by 61% what was in progress in the same quarter of 2021 and closes with more than 5 million m2 nationwide. Monterrey concentrates almost 30% of the number of ships that are built in Mexican territory with more than a million and a half industrial projects.

In Solili you can consult industrial warehouses available in Saltillo y Ciudad Juárez

Original note

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