The northern part of the country has become one of the most attractive for companies and investors, capturing the greatest demand for industrial spaces in the country.

This is reflected in the most recent data published by the Solili firm, which shows that the Monterey market, along with Tijuana, Saltillo, Chihuahua, Ciudad Juárez, Mexicali, Reynosa and Tecate manage to account for 58% of the total registered nationwide. , between January and May 2023, benefited by nearshoring or company relocation.

Check here: Monterrey continues to lead industrial demand nationwide

Monterrey continues to be at the forefront in tenant preferences for acquiring an industrial space and this is confirmed by the accumulated demand during the first five months of 2023, which reached 536,000 square meters, a figure that represents 23% of the national total.

“This figure doubles that registered in the same period of 2022,” the firm stressed in its report. In detail, he explained that developers have received a clear sign of profitability in a scenario of low vacancy and rising rental prices, amid growing demands that are extrapolated to both manufacturing and logistics.

Average rental prices have increased by more than one and a half percentage points in the last year, closing at $5.9 dollars per monthly square meter at the end of May 2023, this being the steepest increase in the last five years.

The construction activity has continued to maintain the rhythm around 1 million 590 thousand square meters. "Only in the months of April and May, about 175,000 square meters of new projects were started, which are integrated into the industrial constructions in process," he asserted.

Of interest: Industrial demand from January to May in Baja California doubles that registered in 2022

Other relevant data shows that Salinas Victoria, Apodaca, Santa Catarina and Guadalupe accumulated 83% of the industrial buildings that are monitored in Solili during the first quarter of the year. In Monterrey, three quarters of the projects that are built correspond to ships made to measure or called BTS, he pointed out.

It has also been observed that in this important market in the north, the supply of warehouses of various sizes, including small, medium and large format, has expanded. The supply chains for various industries such as the automotive, furniture, metal-mechanic and electronic industries demand a large number of suppliers that seek to secure space to establish their production processes, he added.

In Solili you can consult industrial warehouses available in Mexico City and Guadalajara

Original note