Reynosa industrial market reaches its highest vacancy point in the last three years
Solili | April 17, 2024 |

Reynosa turns out to be a particularly attractive destination for companies seeking to establish themselves in Mexican territory, thanks to a unique combination of factors, its strategic location as a border city places it in a privileged position, in addition, the city has optimal infrastructure and a Vacancy rate of 3.5%, reflecting a wide range of available spaces.

Together, these factors make Reynosa a competitive and attractive market for attracting investors, both national and foreign.

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By the end of Q1 2024, Reynosa has reached a vacancy rate of 3.5%, marking the highest point recorded since the second quarter of 2021, when a rate of 3.6% was observed. This figure now reflects healthy vacancy levels and ample supply to meet the city's dynamic industrial demand.

Currently, more than 130 thousand square meters are available in Reynosa, offering space for various industries seeking to enter the Mexican market, especially in a border market. These facilities represent an opportunity both for companies seeking to establish themselves in the country for the first time and for those wishing to expand their operations.

The Poniente corridor stands out by grouping 63% of the available area, offering 6 options ranging from 10 thousand square meters to 18 thousand square meters, all located in the Villa Florida Industrial Park. It is followed by the Airport-Pharr Bridge corridor, which represents 23% of the total available space, with warehouses whose surfaces vary from 2 thousand square meters to 9 thousand square meters.

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In addition to the spaces available for immediate leasing, several developers, including Prologis, Centinela Property and Prosperity Real Estate, are betting on the Reynosa border market by constructing various speculative buildings.

These new constructions, all Class A and with areas ranging from 15,000 to 20,000 square meters, reflect solid confidence in the region's potential. It is expected that once these buildings are completed, they will contribute to maintaining healthy vacancy levels and meet industrial demand.

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