Nearshoring has given a great boost to the industrial parks on the northern border, which before they are finished, are already rented, what is needed is more infrastructure such as sewerage and power stations, said Jonathan Pomerantz, CEO of Meor.

Check here: Solili Industrial Report October 2022, demand exceeds 375 thousand m² in the country

In Tijuana and Ciudad Juárez, infrastructure conditions have to be created "it is bureaucratic and time-consuming" when companies seek to reinforce CFE stations to have the energy they need to operate, it is the only thing that stops us from increasing foreign investment, the demand is there and companies from Taiwan, Japan and Europe seek to operate on the border, he added.

During his participation in the “Industry Leaders Meeting”, Jonathan Pomerantz pointed out the factors that influenced the strengthening of industrial parks: the Covid pandemic, the United States-China trade war and the subsequent Russian invasion of Ukraine, “keeping chains away of supplies caused delays and increased costs, an example the automotive industry with the lack of chips”.

Of interest: Unstoppable industrial rental prices in Tijuana

The director of the real estate fund highlighted that the investment in the industrial parks they build is 3.8 billion pesos, but that about 18 industrial parks are mapped and there are two million feet built in Tijuana alone.

He stated that the rents of the industrial parks in Tijuana increased by 25 percent and in Ciudad Juárez by 30% and added that "the price of construction is attractive, the issue is infrastructure."

In Solili you can consult industrial warehouses available in Ciudad Juárez y Reynosa

Original note