The continuous expansion of companies established in Reynosa sustains industrial demand
Solili | March 22, 2023 |

Reynosa ended 2022 with a cumulative gross demand 30% higher than that registered in 2021, reaching 315,000 square meters. This important border city ends February with a vacancy of 0.9%, having adjusted downward more than 2.3 percentage points during the last year.

This market was characterized during 2022 by the predominance of speculative demand that concentrated 70% of the number of transactions and 80% of the surfaces that were commercialized.

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The logistics activity that generates support for border operations is the main driver of the spaces that are occupied in Reynosa. The rest is made up of the packaging, electronics, textile and manufacturing sectors that have continued to be present through expansions of their operations.

The Poniente and Aeropuerto-Puente Pharr csubmarkets concentrate 47% and 42%, respectively, of the demanded surfaces,

In the same line of information, the Reynosa Binational Council for Economic Development recently met with developers of industrial parks and marketers where they commented that there was a good trend in the absorption of industrial buildings by companies that already have a presence in the city. and are expanding their operations.

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When consulting the Solili platform in mid-March 2023, about a dozen properties ranging from 3.2 to 9.2 thousand square meters were available, grouping just over 100 thousand square meters. 68% of the availability corresponds to works under construction, so it is probable that in the course of the next quarter we will be able to register leases based on the low availability of the market.

Although the beginning of 2023 started cautiously, movements are expected from the second quarter of the year where the market will be sending the signal for new industrial construction to begin.

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