Companies with Chinese capital demanded 79 thousand m² of industrial space in Monterrey during Q3 20
Chinese investments are expanding throughout the industrial real estate market in Monterrey and its metropolitan area, motivated by the effect of the so-called nearshoring or the location of industrial infrastructure as close as possible to the main consumption centers, in this case, the United States.
During the third quarter of this year, there were 8 transactions by Chinese companies, both manufacturing and logistics, occupying almost 79,000 square meters (m2) of surface in different industrial parks, or between 25 and 30% of the total demand of the market that was shown in that period, when in the past it barely represented between 5 or 15 percent.
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