The Lead Partner of the Real Estate Sector of KPMG Mexico, Alberto Vázquez, pointed out that many companies, especially those in manufacturing, technology and services, have chosen to establish operations in Mexico, which allows them to access both important markets and skilled labor.

This phenomenon called nearshoring allows companies to reduce costs and improve the efficiency of their production and logistics chains. In turn, the country is favored by having a large number of industrial parks that make up a significant industrial infrastructure, with modern facilities and services, which enjoy a strategic location to attract various foreign organizations.

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According to figures from the Ministry of Economy (SE) during the first quarter of 2023, FDI was USD 18,636 million, an amount 48% higher than that reported in the first quarter of 2022, which reinforces that Mexico is already taking advantage of nearshoring,

These investments have been established in the center and north of the country, mainly in Mexico City and Nuevo León, where the demand for industrial spaces is higher, which also affects the price increases of industrial land.

In this sense, the Ministry of Finance and Public Credit (SHCP) pointed out that the demand for industrial spaces increased 42% in 2022 compared to that observed in 2021. Additionally, it stated that at the end of the first half of 2022, double the construction is taking place due to nearshoring, compared to what was done in 2021.

For this reason, the industrial parks that offer the greatest logistical advantages and have a solid base of suppliers and local talent are those located closest to the United States, after the construction of the Trans-Isthmic Corridor.

Of interest: The start of industrial projects on the northern border of the country grows 13% annually

The selection of the most appropriate site for a company will depend on its needs and preferences, so factors such as location, infrastructure availability, operating costs, government incentives and access to local talent must be considered.

The authorities in the country and the developers of industrial parks continue to work to expand and improve the options, which will undoubtedly continue to attract investment.

However, given the increase in demand, the real estate industry will have to invest substantially in the construction of industrial buildings, especially in areas and markets where space is practically no longer available. These actions will make it possible to take advantage of the enormous boost that nearshoring is giving to this and other sectors of the economy.

In Solili you can consult industrial warehouses available in Monterrey, Saltillo y Tijuana

Original note