At the end of the second quarter of the year, Chihuahua's industrial market registered a vacancy rate of 5%, equivalent to more than 140,000 square meters of industrial supply.

Of Interest: Solili Industrial Report 2Q 2025: Vacancy on the Rise: There are 4 million square meters of vacant space in Mexico

In 2Q 2024, the supply was around 85,000 square meters, while a year later, it grew by more than 55,000 square meters, due to lower demand, accompanied by the delivery of new available projects and the vacancy of industrial spaces.

This increase in vacancy reflects a national trend, where at the end of 2Q 2025 the average rate was 3.9%, while only the northern markets exceeded rates of 5%.

Demand for industrial space has declined nationwide, especially in northern markets, affected by the current economic environment and its proximity to the United States. Chihuahua, which has historically had moderate occupancy, is showing growing supply.

See here: Guadalajara: Industrial leasing reached 190,000 m² in January-June 2025

65% of Chihuahua's industrial market is concentrated in the northern submarket, where developers such as Intermex, Fibra Macquarie, Centinela Property, and Prologis primarily operate.