Industrial investment activity in the Bajío region showed a slower pace during May 2026. As a result, the markets that make up this region recorded a 20% decline in new construction starts compared to the same period last year.

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This performance is largely driven by the growing availability of industrial space across the region. Over the past twelve months, supply expanded by 18%, fueled by the addition of new speculative developments to the market. As a result, developers have taken a more cautious stance toward initiating new construction projects.

Despite this slowdown in construction activity, industrial demand continues to perform strongly. Between April and May, around 150,000 square meters were leased, a figure only 8% lower than in the same period of 2025. Most of this absorption was concentrated in speculative buildings, reflecting occupiers’ confidence in available ready-to-occupy space.

Meanwhile, the Bajío industrial inventory continues to expand. Over the past year, more than one million square meters were added to the market, resulting from the completion of several projects under development.

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This growth strengthens the region’s competitiveness and reaffirms its position as one of the country’s main industrial hubs, supported by its strategic location in central Mexico.