Industrial rental prices in Mexico City reached their highest level on record at the end of September 2025, reaching $9.84 per square meter. This represents a 13% annual increase compared to the same month in 2024.

Of interest: Solili Industrial Report Q3 2025: High vacancy and low demand accentuate in frontier markets

The increase in industrial rental prices in the capital is mainly due to the dynamism in leasing activity as well as the moderate vacancy levels reported by the market, which at the end of Q3 2025 were below 2%.

Among the industrial corridors that reported the largest increases in rental prices over the last year were Tlalnepantla, with the largest increase, registering a 45% increase compared to Q3 2024. Toluca reported a 24% increase, while Vallejo presented an annual increase of 23%, and Naucalpan registered an increase of 18%.

Check here: Industrial move outs increase in Guadalajara during August 2025

Mexico City has established itself as the market with the highest industrial rents in the country, exceeding the national average price by 35%, which currently stands at $7.27 USD per square meter.