The markets in the north of the country are leading the construction of industrial spaces in process, where Monterrey stands out as the main player, with almost 1 million 695,000 square meters of industrial construction.

At the end of November, the national total exceeded 5 million 600 thousand square meters that advanced amid an accelerated pace of deliveries, with the registration in this last month of 316,000 square meters of completed industrial works. Mexico City is in second place with 763,000 square meters.

Check here: Current panorama of supply in the industrial markets of Mexico

“Only three corridors in Monterrey such as Apodaca, Salinas Victoria and Santa Catarina concentrated 61% of the areas that were built at the end of the third quarter of the year,” highlighted the Solili firm in its most recent report.

Three other markets on the northern border are Saltillo, Tijuana and Ciudad Juárez, which reported at the end of November the progress of 548,000, 435,000 and 412,000 square meters of industrial warehouses.

These northern entities continue to be places where demand continues to concentrate and therefore developers compete to have the available spaces already at some level of progress, he explained.

Ramos Arizpe largely dominates the constructions in the Saltillo market, while the construction activity in Tijuana is distributed between the Pacific-Nordika, Insurgentes-El Águila and El Florido - Boulevard 2000 submarkets.

In the case of the Mexican shoal, Querétaro has more than 500,000 square meters of buildings in progress, followed by Guanajuato with another 357,000 square meters. San Luis Potosí also continues to have strong construction activity, with 205,000 square meters in a market where demand is mainly concentrated in the automotive sector.

Of interest: How does the arrival of assembly companies impact the Monterrey industrial market?

Currently, the total areas that are built nationwide represent close to 6% of the total inventory; However, in cases such as Monterrey and Saltillo the percentage of areas under construction represents 11% of the inventories of these markets, the firm highlighted.

In relation to what is coming towards 2024, he recognized that the new projects that begin will have before them the challenge of efficiently supplying basic infrastructure services such as donation of water and electricity so that the main industrial markets at the national level can achieve their potential. of development to meet demand and contain more pronounced declines in industrial vacancy.

In Solili you can consult industrial warehouses in Saltillo, Reynosa and Ciudad Juárez

Original note