The Aguascalientes industrial market had shown, since mid-2020, a slow behavior in the demand for speculative spaces.

The city's institutional developers have been ready to meet the needs that may arise from potential investments, however, no deals were consolidated during the third and fourth quarters of the previous year.

At the end of the first quarter of 2021, a rental transaction of notable dimensions was reported located in the Aguascalientes Sur submarket. 15,238 square meters were occupied in the Finsa industrial park. The tenant of this space is a company dedicated to the manufacture of vehicle interiors. This reaffirms the manufacturing vocation of the area, as well as the predominance of the automotive industry and the companies that provide inputs and mechanisms necessary for their operation.

Currently Aguascalientes is a market that has the capacity to host companies of all kinds, since it has a diversified offer in sizes, especially in the Aguascalientes Sur submarket where we could find warehouses ranging from 3,800 to 11,400 square meters.

The Aguascalientes Norte submarket has little diversification of supply, it is even a submarket that has traditionally focused on built to suit projects.

For the Aguascalientes Norte submarket, we remain on the lookout for what might happen in the San Francisco IV Industrial Park, since according to what was reported by GP Desarrollos, the sale of land is expected, which could generate the start of construction of speculative or tailor-made projects, which would significantly impact the activity of this broker.