Border reopening drives demand for industrial spaces
El Horizonte | November 16, 2021 |

The cities of this region concentrate 67% of the total, revealed the Solili firm in a report

A couple of months after the end of the year, the industrial market in Mexico has begun to show greater dynamism, mainly in the border states.

According to experts, in global terms the cities on the border and those in the north of the country concentrated 67% of the national demand during October 2021, given the strong impulse that has been consolidated with the implementation of the T-MEC, the increase in logistics and the reactivation of manufacturing activity.

"October, the first month of the last quarter of the year, ended in the midst of a panorama of almost full opening of economic activities, in the so-called green traffic light applied in most of the capitals of the states of Mexico," explained the Solili firm

See here: Recovery of Nuevo León driven by manufacturing and construction

In this way, the demand at the end of October at the national level is almost 391 thousand square meters, led by Tijuana, which reached the monthly amount of 108 thousand square meters.

Monterrey and Mexico City with 61 thousand and 55 thousand square meters follow in second and third place nationally.

"Monterrey maintains the leadership of accumulated gross demand so far this year with 981,000 square meters of gross absorption, which represents almost 20% of the national total," he explained.

A large amount of this demand has been maintained between manufacturing and logistics projects, opening a greater participation of developers and investors who make life in this market.

The fourth and fifth positions are occupied by Querétaro with 40 thousand square meters and Ciudad Juárez with 34 thousand square meters.

Of interest: How to deal with the current problem in the supply chain crisis?

Another is the case of Ciudad Juárez, with a relative location close to both inputs and the demand for finished products, together with the diversification of warehouses that developers have built in recent periods, which has allowed the installation of manufacturing, logistics, and other companies. electronics and plastic, in a market with healthy vacancies and relatively stable prices.

Parallel to this, Solili mentioned that Monterrey and Querétaro, for their part, began the construction of new industrial buildings during the month of October for 64,000 and 38,000 square meters, respectively.

"In these two entities the challenge becomes for public investment in infrastructure to grow alongside private investment. Investments in mobility, energy and education are key for these two markets to reach their development potential", he pointed out.

In Solili you can consult industrial warehouses available in Tecate, Chihuahua and Mexicali

Original Note

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