Toluca, capital of the State of Mexico, along with the CTT area (Cuautitlán, Tultitlán and Tepotzotlán); They have been the most outstanding in performance of the industrial real estate sector in terms of demand and new construction of warehouses, during the last three years.

Located 66 kilometers from Mexico City and with an international airport, the city brings together multiple manufacturing and distribution activities in various sectors such as: automotive, technology, textile, chemical, pharmaceutical, food and beverage industries.

Access to qualified labor, the wide offer of housing and services for all socioeconomic segments, favor the installation of the institutional industrial fabric that the city exhibits.

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Toluca combines the presence of private and public industrial parks, the latter through the Trust for the Development of Parks and Industrial Zones in the State of Mexico (FIDEPAR). On the private initiative side, there are the main developers in the country such as Prologis and Parks, which have national coverage and extensive experience in the market.

According to Solili, with data from June 2021, 167.8 thousand square meters are built, in which there are buildings between 2.4 and 23 thousand square meters available with different degrees of advancement. Another 4 important projects are about to start construction, which would be adding 50 thousand square meters to the figure.

The investment currently being undertaken by Litos in Parque Lema Park stands out due to its volume of close to 60 thousand square meters, with three warehouses in project available of 12.5, 22.2 and 23 thousand square meters.

In charge of the developer Parks, Toluca Park II has 4 industrial buildings, two existing with a space available for rent and another two close to the start of construction, where one of the surfaces exceeds 35 thousand square meters.

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Another prominent firm such as Prologis, added properties to its portfolio in Prologis Park Toluca II and it is expected to enlarge the available offer of this submarket with innovative and quality products such as those that commonly make up this market.

The offer is completed by several class B industrial spaces located within the Lerma II and Toluca 2000 Logicenter Parks, with smaller areas ranging between 2.4 and 10.7 thousand square meters.

Toluca foresees a sustained development of industrial demand in the remainder of 2021 and throughout 2022, for this the city has experienced investors with a wide range of real estate offerings, which can satisfy the needs of the tenants to come.