staging
Last mile: trend driving industrial demand in Mexico City
Solili | March 17, 2021 |

It is well known that industrial activity has managed to overcome the economic slowdown, even reaching growth levels that were not projected prior to the pandemic, as a result of the change in consumption behaviors generated as a result of the sanitary confinement.

Mexico City, with more than 21% of the industrial inventory nationwide, increased its capacity in the last three years with the so-called CTT (Cuautitlán, Tultitlán and Tepotzotlán) which in turn represented about 63% of the capital's inventory.

As a result of the pandemic, the department stores and distribution centers that are located in peripheral areas of the city have been reconfigured on the premise of facilitating storage, collection and returns areas closer to the final consumer that speed up delivery times.

Such is the case of the startup Warehome, which has a majority presence in Mexico City and Cancun, among 7 other states in the country, where it has accumulated an offer of 20 thousand square meters (m2) of micro spaces, in addition to already having with the participation of 23 SMEs.

According to the Solili real estate platform, although during 2020 there was a stagnation in the construction of industrial spaces in the Valley of Mexico, for the last quarter of last year the start of the construction of 150 thousand square meters was reported, the area being North where more developers expand or modify their inventories to suit demand.

This need has allowed demand to be positively impacted in traditional industrial corridors such as Naucalpan, Vallejo and Iztapalapa.

Studying the locations and available spaces to detect land or old buildings that could be transformed into new real estate products will be able to offer solutions that aim to cut delivery times to an increasingly demanding consumer.

The metropolitan area of Mexico City will continue to position itself as a national logistics hub, so companies of these lines, as well as some retailers, will continue to demand spaces in the remainder of the year, as well as what was registered during the month of February 2021.

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