At the end of the second quarter of 2023, Tijuana continues in the third position of gross industrial demand with 222,000 square meters, only surpassed by Monterrey and Mexico City, which respectively register 391 and 274,000 square meters.

The strong construction rhythm that has reached its highest level in the last five years manages to reflect 575 thousand square meters of industrial buildings under construction. If we focus on the industrial works that began construction in 2023, the amount exceeds 340,000 square meters, a figure 90% higher than what began construction in the same semester of 2022.

Consult here:: Availability in CDMX continues to drop despite the fact that the industrial market continues to expand

This is also reflected in the projects that have been completed during the first half of 2023, which are 11% higher than those completed in the first quarter of 2022.

The advantages of the Mexican border cities with the United States, which is also the case of Ciudad, Juárez, Reynosa, Tecate and Mexicali, is that they offer the companies that settle there the possibility of competing not only with lower production costs but also with more efficient delivery times.

Another element in favor of border markets is represented by the availability of qualified labor that can alternate between places of employment and residence between one country and another, which boosts salaries and professional profiles that are attracted to these options.

If we focus on the type of construction, a greater number of larger surface projects continue to be built above 10,000 square meters, although if we analyze the number of projects in progress, surfaces smaller than 10,000 meters double those of projects above 10 thousand square meters.

Of interest: Industrial demand in Chihuahua causes vacancy to drop to record lows

In turn, the demands of the tenants who come looking for an industrial space in this market generates greater innovation and broadens the range of options, in terms of areas and facilities that range from larger maneuvering yards, a greater number of loading platforms and heights higher than those previously built.

Tijuana has not only positioned itself in highly differentiated sectors such as medical services, electronics, logistics and manufacturing in general, but it is expanding the time horizon in rental contracts, all with the aim of insuring the property against future scarcity scenarios. of offer.