The transformation that has emerged as a consequence of the pandemic with respect to retail is overwhelming, where the incorporation of technological tools that in the past did not have such a presence, have been maintained permanently.
Another factor that is added is the demographic structure where purchasing decision makers and purchasing power are concentrated in a population stratum in which technology is immersed every day and helps to maximize their time compared to previous forms of commerce to the pandemic.
Large merchandise distribution companies propose more suitable and compact formats to operate near cities, seeking to transform warehouses in the nearby periphery into efficient buildings, with designs that guarantee simple and effective transfer operations.
So far in 2021, the demand for industrial spaces has reported a significant increase in spaces for logistics use, with two marked trends. The first was the increase in the preference of e-commerce companies for spaces near the city center, which opened opportunities to invest in areas such as Vallejo, such as Prologis, which has a new industrial offer there. The second had to do with the large expansions of companies such as Estafeta, Mercado Libre or Henco; in the CTT area in order to meet the growing demand of the logistics sector.
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The Tepotzotlán, Toluca and Cuautitlán submarkets group 68% of the industrial availability in similar proportions. Regarding warehouse sizes, the largest are located in Cuautitlán and Tepotzotlán exhibits slightly smaller formats.
Solili at the end of April 2021 had a little more than 16 buildings in the construction stage and of a large class A format. Together they exceed 370 thousand square meters and in size the warehouses range from 11 thousand to 35 thousand square meters . They represent around 3.3% of the city's inventory and their completion is expected throughout 2021, as they have different percentages of progress in their construction cycle.
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They do not have a definite pattern regarding their location and there are different investment firms involved. A single firm with a national presence stands out, which is responsible for the development of 40% of the total square meters.
Mexico City was positioned regionally as the most important due to its multiple advantages for developers and investment funds nationally and abroad, due to the combination of factors such as the sustained growth of internal demand for logistics services, the tariff issue and the competitiveness in operating costs that guarantee the planned investment returns for the industrial sector.
Consult the Industrial Report Mexico City April 2021
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