During the first seven months of 2026, the review of the United States-Mexico-Canada Agreement (USMCA) has been part of the business landscape in which companies evaluate their investment and expansion plans in Mexico. Against this backdrop, regional trade conditions are among the factors considered when defining new projects

Of interest: Solili Industrial Report – July 2026: National demand grew by 10% compared to July 2025

In July 2026, Guanajuato’s industrial market recorded demand totaling 17,000 square meters—20% lower than the figure for the same period in 2025. This reduced activity occurred against a backdrop of more selective investment decisions and fewer new projects entering the market.

Guanajuato remains a top destination for Build-to-Suit (BTS) projects by international companies and a market that has historically driven industrial demand in the Bajío region. However, no new leases under this model were recorded during the first seven months of 2026, with activity concentrated in the Celaya industrial submarket.

Guanajuato’s strategic location, its connectivity to major highway submarkets in central and northern Mexico, the availability of industrial land, and competitive rental rates continue to position it as a key market for companies establishing or expanding operations in the Bajío region.

See also: Industrial construction starts in Querétaro contract by 50% in the first half of 2026

Performance in Guanajuato’s industrial market during the second half of 2026 will be shaped by investment decisions, the availability of industrial space, and progress on the USMCA review. Defining the trade terms between Mexico, the United States, and Canada will be a significant factor for projects linked to regional supply chains, without, however, being the sole determinant of industrial demand trends.