In the May report generated by Solili, the city of Reynosa shows a recovery in its average rental price, reaching $ 3.76 dollars per square meter per month, a figure that increases in the last three months of the year.
The proximity of the city to the northern border favors the installation of manufacturing companies and maquiladoras, which seek to reduce the connection time to distribution centers in the United States and thus reduce transportation costs; at the same time, they can find skilled labor residing on both sides of the border.
In the state of Tamaulipas, Foreign Direct Investment was 668 million dollars during 2020, ranking third nationwide with 10% participation. Much of these resources come from the United States, where manufacturing and power generation are especially important.
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On the other hand, the entity shows employment figures that, despite the reduction due to the effects of the pandemic, continue to be one of the most outstanding at the national level.
The construction activity records the execution of 26 thousand square meters, of which 58% is available for rent and the remaining corresponds to expansions of companies already located in the state.
Regarding demand, the month of May closed with 33 thousand square meters and according to the results of the first quarter, it was concentrated in warehouses of 5 to 11 thousand square meters.
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More and more developers are opening their range of investments to the region, as is the case with GP Desarrollos, which will invest in the Villa Florida Industrial Park within the Poniente submarket. Its new Pocket Park or mini park concept will be a format developed on smaller land between 20 and 40 hectares; it will have as differentiating elements the proximity to residential areas, centralized surveillance and some amenities such as a Business Center.
Reynosa will continue to stand out in industrial investment in the remainder of 2021, due to the confluence of factors such as the distribution of its infrastructure related to the border, the educational equipment for training qualified personnel, as well as the attention that government levels have shown to attract new investments and give support to the business fabric already established in the area.
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