New industrial markets detonate after industrial boom
El Financiero | August 04, 2022 |

With historic prices and lack of available land to support the demand for industrial spaces, cities in the north of the country are potential investors.

Like some industrial corridors in the north with the United States, the cities located in the region have experienced positive absorption rates and zero availability as a result of accelerated demand generated by the rearrangement of distribution chains and nearshoring.

Check here: Monterrey's industrial market grows like no other in the country

“With the T-MEC and the pandemic, the paradigm of being very efficient changed a bit. The manufacturing activity changed from just in time to just in case and the industrial inventory became much more resilient”, assures Luis Gutiérrez, president of Prologis Latin America.

From his perspective, Mexico is a winner in the commercial context, the accelerated demand impacted on unemployment levels, therefore he says that the challenge lies in the supply and supply of energy supply that supports demand.

For his part, Javier Llaca, director of operations and acquisitions at Fibra Monterrey, calls the current moment "a perfect storm" marked by the reactivation of the productive chain, the recovery of consumption in the United States and the trade war between the United States and China .

He details that with all this decomposition and deconfiguration, Mexico has become the nerve center for nearshoring.

Of interest: Almost 100 m² of construction in Saltillo, the automotive industry continues to project the market

“We are seeing the need for speed in the American market and that has made companies settle in Mexico to reduce times. Some companies reduced the delivery time from 180 days to less than 25 days with new plants located in markets such as Ciudad Juárez or Lázaro Cárdenas,” he explains.

Currently, the national vacancy rate amounts to 4 million m2, with an average rate below 3.5%, except for markets such as Tijuana and Ciudad Juárez where the level is less than 0.5% for class A buildings.

In Solili you can consult industrial warehouses available in Monterrey, Saltillo and Mexicali

Original note

Stay up to date with the most important news to the real estate

Subscribe Solili Newsletter

  
Advertisinginfo