Industrial vacancy across Mexico's main northern border markets—Tijuana, Ciudad Juárez, Reynosa, Mexicali, and Tecate—exceeded 2 million square meters at the end of May 2026, consolidating the region as the country's largest industrial vacancy market, accounting for nearly one-third of the national total.

Read here: Solili Industrial Report May 2026: New Supply Reached 445,000 Sq. M. Between April and May 2026.

Vacant industrial space remains concentrated in two key markets. Tijuana leads the region with just over 1 million square meters of available space, followed by Ciudad Juárez, with approximately 550,000 square meters available.

The increase in available industrial space across both the northern border region and the rest of the country is the result of several factors. These include a slowdown in industrial investment activity and a rise in tenant move-outs, which has expanded the amount of available space in the market.

Compared with May 2025, the five northern border markets recorded a 35% increase in available industrial space, representing nearly half a million square meters added to market availability over the past year.

Related: Industrial Investment in Saltillo Shows a More Moderate Pace Amid USMCA Review.

Nationwide, industrial vacancy reached 5.8 million square meters by the end of May 2026, equivalent to a 5.2% vacancy rate. Meanwhile, the average asking rent stood at US$7.56 per square meter per month.