Reynosa is an industrial market characterized by the strong trend towards expansion by companies already located in the city and it was there that demand was concentrated at the end of 3Q 2021, where the companies that make life in the city have expanded their areas of ships allowing them to support the growth of the frontier market.

Reynosa's gross demand culminated in 3Q 2021 with a total of just over 79 thousand square meters distributed in seven operations and was driven by companies such as: Kimball Electronics and Woodcrafters that began the construction of custom-made warehouses or BTS adding a total of almost 50 thousand square meters.

In turn, companies such as Trancasa and DSV Solutions, sought to expand their operations by renting speculative spaces.

The demand corresponding to the manufacturing and logistics sectors was mostly located in the Airport-Puente Pharr and Poniente submarkets.

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Manufacturing leaves its main mark, since Tamaulipas registered during the first eight months of the year, according to INEGI, a manufacturing production value of 135,484 million pesos, indicating a real variation of 9.4% compared to the same period of 2019 , being one of the 18 states nationwide that have exceeded pre-pandemic levels at the end of August 2021.

If we analyze the inventory as of 3Q 2021, Reynosa had a slight increase due to a new speculative building classified as class A of almost 14 thousand square meters that finished construction in the Airport-Puente Pharr submarket

Construction has been seen to rebound at the end of the third quarter of 2021 compared to what was observed last quarter, as a result of the start of construction of two ships classified as made to measure, an expansion and a speculative ship, adding a total of around 66 thousand square meters.

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It is expected that in the coming months different BTS projects will start, continuing with the good construction activity, specifically in the Poniente corridor.

Reynosa's industrial market leaves us in this 3Q 2021 a total of 15 available spaces, having a varied class A and B industrial offer, with available spaces ranging from 4.7 thousand square meters to 14.8 thousand square meters.

Reynosa's industrial activity has remained in good shape, continuing with positive numbers and awaiting the arrival of various investments that would put the border city in a better position, in the environment of a vacancy rate that adjusts downwards to close the third quarter with 3.1