E-commerce and logistics triggers demand for industrial spaces in the Valley of Mexico
Solili | January 22, 2021 |

The demand for services in the e-commerce and logistics sectors due to the COVID-19 pandemic in the metropolitan area of Mexico City - which adds to the need to be closer to the consumer - have motivated the gross absorption of industrial spaces class A that to close 2020 exceeds 260 thousand square meters.

The diversification and underpinning of e-commerce and distribution centers have provided certainty to the occupants of industrial buildings, which is reflected in the decrease of up to 50 percent in the unemployment of these spaces in the last months of the year.

In order to make the investment more attractive and thus attract more clients, the developers have chosen to make their agreements and agreements more flexible, among which the following stand out: the elaboration of contracts of less than one year and that these can be covered in national currency before the dollar volatility.

With these modifications, it is guaranteed that the owners have greater liquidity and their inventories occupied, while the tenants can make use of first class facilities and better cover their needs.

Due to this demand, they have managed to keep supply chains in operation and thus trigger their strengthening and improvement of services.

For example, according to the Solili platform, the Vallejo corridor, in Azcapotzalco, has an inventory of 638,753 square meters with a vacancy of just over 88,000 square meters.

Check here how many industrial buildings are available in this corridor and in others in the metropolitan area of Mexico City.

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