The Reynosa industrial market is distinguished by its strength in the manufacturing industry, which was supported by the results in the October-December 2021 period after reaching a gross demand of more than 400 thousand square feet, divided into two operations of companies seeking to expand their presence in the border market.

The American Corning expanded its operations by beginning the construction of its new 32.5 thousand square meter plant located in the Villa Florida Industrial Park, trusting in the high quality of its workforce to strengthen its presence in the entity. This amount represents more than 85% of the total industrial demand for the period.

During the year to date, this important border market manages to maintain a gross industrial demand similar to that registered in San Luis Potosí or Mexicali, in the order of 250 thousand square meters. These markets also share with Reynosa the similarity of their inventories.

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In 4Q 2021, nearly 14,000 meters were added to Reynosa's industrial inventory, made up of a building typified as class A and another class B, located in the Airport -Puente Pharr and Poniente submarktes, both under the BTS modality or made to order. measure.

As for the dynamism of construction, at the end of the fourth quarter of the year, six buildings were being built where warehouses cataloged as BTS or made to measure predominate, which together total just over 105,000 square meters advancing in various construction stages.

This market ends December 2021 with fifteen available spaces, having a varied class A and B industrial offer, from 5 to 15 thousand square meters, mainly located on each of the corridors that make up the more than 3.3 million square meters that constitute the market. city inventory.

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Although during the last quarter of 2021 Reynosa had a decrease in gross demand, it is expected that by 1Q 2022 this figure will increase and there will be a rebound in industrial activity, thanks to the competitive advantage in its rental prices, which are around 3.5 dollars per monthly square meter and its proximity to the United States.

New expansions are planned for companies that are already established and know the area and build their bets towards the development of suppliers and customers in less time, managing to reduce costs, thus increasing their level of productivity and competitiveness.