By the end of April 2025, the industrial market in Mexico has a supply of more than 3.6 million square meters, which translates into a vacancy rate of 3.4%. The vacancy rate reported an annual increase of 90 basis points compared to the same month in 2024.

Of interest: Industrial rental prices in Saltillo grow 13% compared to April 2024

The national industrial real estate market faces significant challenges stemming from changes in tariff quotas and the reconfiguration of international trade. While leasing activity has shown signs of slowing, investments in the sector continue to flow.

Regarding rental prices, increases are maintained in most markets, albeit at a slower pace than in previous years. During the month of April, the national market reported an average price of $7.04 per square meter, registering an increase of 8%.

See here: Solili Industrial Report April 2025: Vacancy Reported a 50% Annual Increase in the Country

The highest rental prices in the market are concentrated in the nation's capital, with an average price of $9.30 per square meter. High rates are also recorded in the northern region, with the cities of Tijuana, Tecate, and Reynosa standing out, with prices of $8.59, $8.05, and $7.43 per square meter, respectively.

On the other hand, the most competitive prices continue to be located in the Bajío region, where during April, Guanajuato, San Luis Potosí, and Querétaro recorded prices of $5.02, $5.57, and $5.93 per square meter per month, each.