The significant absorption activity reported in November resulted in all industrial markets monitored by Solili having a decrease in supply for the month of December.
The most significant percentage decrease was in the Mexicali market, which registered a decrease of 5.7%, going from reporting an industrial offer of 184 thousand square meters at the beginning of November to 174 thousand square meters at the beginning of December, although the decrease was around 10 thousand square meters, for a market like Mexicali it generates an outstanding impact since it is a market considered medium size nationwide.
In a monthly comparison, Monterrey reports a decrease in the supply of industrial space over 42 thousand square meters, going from having at the beginning of November an offer of 829 thousand square meters to report at the beginning of December 787 thousand meters. The outstanding absorption that is reported in Monterrey in the last month is that which has caused the industrial supply of that market to fall by 5% in the last month, the same trend that has been seen in the last months of the last quarter.
On the other hand, Tecate and Guadalajara are the markets where there were moderate industrial supply decreases. Tecate reports a decrease of around 2 thousand square meters in the offer, while Guadalajara 6 thousand meters.
The month of November reported positive levels of absorption of industrial space in most of the markets monitored by Solili, specifically in the larger ones, such as Monterrey, Mexico City and Tijuana.
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