Saltillo closes the third quarter of 2026 with healthy indicators in its industrial market. Its proximity to Monterrey, one of the country’s main industrial hubs, and its integration into the economic and industrial dynamics of the northern region strengthen its appeal for companies looking to establish or expand operations.
Industrial demand in Saltillo reached 75 thousand square meters during the third quarter of 2026, a year-over-year increase of 32% compared to the same period in 2025. This result reflects greater leasing activity in a market that maintains low vacancy levels, within a national context marked by growth in available supply amid economic and geopolitical uncertainty, which has moderated investment and expansion decisions at some companies.
Of interest: Industrial Report: Solili | Third Quarter 2026
Despite the quarterly growth in demand, vacancy has trended upward since mid-2024, when it hit its lowest point at under 1%. Even so, the indicator remains at healthy levels and closed September 2026 at 2.3%, below the national average of 5.5%. This sets Saltillo apart from other industrial markets, particularly in the northern region, where supply has gained ground. Tijuana recorded a vacancy rate of 10.2%, while Reynosa and Monterrey reached 7.2% and 7.0%, respectively.
For the January–September 2026 period, industrial demand totaled more than 145 thousand square meters, a figure 40% lower than in the first three quarters of 2025. This weaker cumulative activity, together with new industrial space entering the market without tenants, has pushed vacancy higher.
See here: Mexicali Doubles Its Industrial Leasing, With More Than 50 Thousand m² During July–August
On pricing, industrial rent closed September at US$7.16 per square meter per month, staying in a range similar to a year earlier. The figure remains below the national average of US$7.67 per square meter per month, keeping Saltillo competitively positioned relative to the country’s main industrial markets.
Overall, Saltillo ends the third quarter of 2026 on solid fundamentals. Although softer demand has led to higher vacancy, the market remains contained compared to other markets in the country. This additional supply broadens the options for companies looking to establish or expand operations in the region. The combination of low vacancy, competitive rental prices, and proximity to Monterrey keeps Saltillo well positioned to attract new investment in the coming quarters.
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