The Reynosa industrial market constantly shows a significant decrease in its vacancy rate, which closed in the second quarter of 2022 (2Q2022) with 1.6% availability. Therefore, this contraction generated significant pressure on rental prices, which increased by 5.5 percent.

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For this reason, in June the average rent was over 3.81 dollars (usd) per square meter (m2) per month. However, the highest cost is found on the Airport – Pharr Bridge corridor with 4.83 usd/m2/month.

Despite this, with respect to industrial buildings that correspond to class A, prices rise even more. In that sense, these manage to reach the price of 5 usd/m2/month, since they include the increase in material costs.

This scenario is due to the fact that Reynosa's net industrial demand managed to reach 75,000 m2. Consequently, it would increase the dynamism of the construction that activated more than 170,000 m2 to satisfy this demand.

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Since manufacturing and logistics companies will continue to arrive and expand within the city.

Under this line, custom-made projects guide the demand of companies. Since, they present greater advantages in costs and specifications between developer and tenant.

However, there is still availability of class A spaces; eight industrial warehouses ranging from 3,700 m2 to 15,000 square meters.

In Solili you can consult industrial warehouses available in Saltillo, Chihuahua and Monterrey

Original note