The following industrial submarkets capitalized on Monterrey demand during 2022
Solili | March 27, 2023 |

The highly qualified labor force and its proximity to the United States make Monterrey the industrial real estate market with the greatest potential for expansion in 2023.

At the end of 2022, 80% of the inventories in this market were located between the submarkets of Apodaca, Ciénega de Flores, GuadalupeSanta Catarina. As a whole, these four submarkets accumulated 60% of the gross industrial demand during 2022.

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Apodaca was the busiest submarket which not only houses 40% of the inventory of industrial buildings in Monterrey, but also more than 35% of the number of transactions registered in 2022, which in turn represent 23%. of the total commercialized areas. If a tenant would like to locate on this submarket, they will find more than twenty warehouses with size options between one thousand and 24.8 thousand square meters, which can be consulted through the Solili platform.

But it was the Salinas Victoria submarket, located to the north along the Monterrey-Nuevo Laredo Highway, that aroused the greatest interest from industrial warehouse tenants during 2022.

Salinas Victoria managed to position itself in the first place of gross demand in Monterrey, at the end of 2022, having accumulated almost 490 thousand square meters of industrial buildings that were rented in the period. The characteristic of this submarket is that almost half of the transactions correspond to large surfaces that exceed 50,000 square meters up to the maximum of 93,000 square meters built under the custom-made modality for an Asian firm dedicated to the furniture sector.

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Let us remember that in August 2022 Salinas Victoria became part of the Monterrey Metropolitan Area. Being a suburban municipality, it will receive tax benefits and the necessary coordination to allow the population to work within the municipality.

Although most attention has recently focused on Santa Catarina, which registered 14% of the rented surfaces and 16% of the number of operations of the total reported in Monterrey in 2022. In this submarket there are currently available half a dozen industrial buildings ranging from 600 to 21.7 thousand square meters.

For its part, in the Ciénega de Flores submarket, leases were concentrated in smaller surface areas, between 10 and 30 thousand square meters. In mid-March 2023. Currently there are a third of options with surfaces from 5 to 29 thousand square meters.

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