After the recovery registered by the industrial real estate market during 2021, which led it to register a record demand for rental spaces that amounted to about 16 million square feet, last year it registered a new record, specialists said.

"On the industrial issue, performance was positive last year, I think we are going to break the record for demanded spaces in 2021, so we expect to increase the demand we registered a year ago by 10%," said Sergio Reséndez, director of Colliers Monterrey.

“I thought it was going to be difficult to break the 2021 record, but no, there were many fairly large project closures in all areas, not just on the distribution issue, which everyone was saying about the last mile issue and the e -Commerce, but today we had manufacturing, distribution, practically any item that had to do with the industrial issue,” he explained.

Of interest: Reynosa was the border market where industrial demand increased the most in 2022

"Last year the industrial sector had extraordinary growth, which was reflected in new constructions in spaces for manufacturing or distribution," said Jorge Ortega, executive director of JLL Mexico industrial services Monterrey.

He added that Monterrey is currently the largest market in class A and B buildings, it is even larger than the market in Mexico and the State of Mexico.

The foregoing is consistent with the number of developers, in the past there were between 32 and 35 industrial developers in Monterrey, both local and regional and multinationals such as Kalos, Finsa and Prologis, among others, today we have detected 39 and another two that are very likely that they arrive.

Reséndez highlighted that another important fact is that the transactions were not only focused on a single economic sector, like suddenly there was a lot of automotive or a lot of household appliances, in 2022 there were all of them, they all did well, the industry plastics, metalworking, electronics, medicine, all sectors were growing.

He explained that despite inflation, war, the interruption of supply chains and everything that is happening, fortunately Mexico has been the winner on this issue and for no other reason than its geographical location and the relationship so strength that it has with the United States and the main market in the world, which is North America, all of this has definitely helped this sector a lot.

Check here: Ciudad Juárez will continue as one of the leading growing industrial markets in 2023

“The relocation has also supported this performance, definitively that as you know we have had an invasion of Chinese and Asian companies in general, Korean, Japanese came to Mexico trying to locate themselves near the best market in the world and be able to manufacture here, Resendez said.

The specialist commented that he anticipates that the recession in the United States expected for this year will not be so pronounced and not so slow, it will be relatively fast, rather than a recession it will be a slowdown caused by the increase in interest rates applied to contain inflation

In Solili you can consult industrial warehouses available in Ciudad Juárez, Saltillo and Tijuana

Original note