Monterrey's industrial market reclaims its position as the most in-demand nationwide for the second consecutive quarter, reaching 300 thousand square meters occupied during Q2 2026.

Despite the global commercial climate driving a slowdown in industrial investments, particularly in northern Mexico, the Monterrey market has shown a solid performance with more than 20 occupancy transactions executed in the second quarter of the year.

Of interest: Solili Q2 2026 Industrial Report: Industrial leasing grew 35% compared to Q2 2025

Industrial demand in Monterrey continues to rise; it recorded 300 thousand square meters at the end of the April-to-June period, representing a 78% increase compared to the same period in 2025. Likewise, the annual cumulative figure already exceeds half a million square meters.

Occupancies were concentrated in the industrial submarkets of Santa Catarina, accounting for 25%, followed by Guadalupe with 24%, and Ciénega de Flores with 22% of total demand.

The largest volume transaction during the quarter took place in a build-to-suit project within the Pocket Park Norte park, with a footprint of just over 36 thousand square meters, while the average transaction volume stands at 15 thousand square meters.

Check here: Industrial vacancy on Mexico's northern border exceeds 2 million sq m

In contrast, industrial move outs in the market showed very moderate activity, with only 24 thousand square meters freed up. Apodaca accounted for 43% of the vacated space, followed by Santa Catarina and San Nicolás, with 29% and 28%, respectively.