E-commerce companies have been great drivers of industrial real estate growth in the country.

The increase in online sales during the pandemic made them change their strategy to nearshoring and expand their industrial buildings.

In Guadalajara, for example, Mercado Libre, Amazon and Kavak led the absorption.

However, there are private cities, such as Reynosa, where the development of this real estate sector was thanks to manufacturing companies, a branch that was hit in 2020 due to the suspension of non-essential activities.

Despite the panorama, the companies Cornelius, a beverage dispensing company and Valvec, engineering valves, were the leaders of operations in the city of Tamaulipas, which registered a 125% increase in its gross absorption, with 102,200 square meters in total .

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The demand caused the price of industrial buildings to grow 8%, reaching $ 4.16 per square meter per month. Construction projects to supply tenant companies also increased.

In 2020, 77 thousand square meters were added to the available space; 25% of the buildings were made to measure (BTS).

The annual availability rate was 5.3%, considered healthy. In January this year, there was a demand for 12,903 square meters in the city, data from Solili indicate.

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