The demand for parks and industrial spaces generated by the relocation of companies in Mexico caused the sector to break a record at the end of the third quarter of this year, exceeding 2.1 million square meters, 11 percent higher compared to the same period in 2021. according to the real estate platform Solili.

Mexico City becomes, once again, the leading market at the national level, with a demand of over 620 thousand square meters and which is placed above Monterrey at the quarterly close.

Check here: Solili 3Q 2022 Industrial Report, record in demand with 2.1 million m², CDMX led

The 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 near the United States favored by the T-MEC that has been in operation for a year plus a quarter.

In absolute terms, the largest available surfaces are located in Mexico City, Guanajuato and Monterrey, where vacant spaces are concentrated by 382, 355 and 217 thousand square meters, respectively.

The country's industrial inventory grew by just over 1.2 million square meters, which represents a growth of almost 2 percent quarterly. During this quarter, the construction of just over 1.3 million industrial square meters began, which represents 77 new industrial buildings.

While the vacant areas represent in percentage terms 2.2 percent for Mexico City, 1.5 percent in the case of Monterrey and 5.5 percent for Guanajuato, which is the market with the highest percentage of vacant spaces nationwide.

Of interest: Investments for 4,248 million dollars are made in Nuevo León

One of the indicators that stands out the most in the quarter is the vacancy that reaches historical lows where half of the markets monitored by Solili are located at levels below 1.5 percent. Guadalajara, Tijuana, Ciudad Juárez and Tecate reach the lowest percentages at the national level with 0.7 percent, 0.4 percent, 0.4 percent and 0.3 percent, respectively, which compromises the stability of rental prices in the short term.

In the eight border markets that Solili monitors, half of the demand is concentrated and the capital of the country takes center stage, accumulating almost a third of the national total.

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

In Solili you can consult industrial warehouses available in Mexicali and Puebla

Original note