In the Monterrey industrial market, manufacturing, commerce and construction have been the main economic engines during the 2020-2021 period, where lower and more competitive operating costs that minimize initial investment capital and reduce risk have been the main factors. investment attraction factors.
The entity has managed to stay at the forefront of attractive tax incentives and flexible subsidies, which has allowed it to attract global Mexican companies such as Vitro, Grupo Industrial Saltillo, Vista Oil & Gas, Accel, Orbia, American Móvil, Cemex, Mabe, Jose Curvo, Gruma and Cementos Chihuahua, reviewing part of the main firms that have managed to increase their income through exports, as pointed out by Invest in MX.
The industrial sector has made it possible to diversify the economy where four trends set the standard: the automotive, aerospace, technology, and household appliances and furniture.
The high degree of development achieved in the entity has allowed the significant growth of industrial demand in this metropolitan area, which closed 2021 with a figure of 1.4 million square meters, numbers never seen before in this market.
Check here: 70% increase in demand for industrial buildings in Mexico in 2021
The numbers shown in the royal capital place them as the leading market in demand for industrial space in the country, displacing for the first time the Metropolitan Area of Mexico City, which had traditionally maintained the national leadership.
The attraction of investment for the development of logistics activity, as well as the interest of manufacturing companies to locate in this market, made the demand numbers for 2021 almost double those reported in 2020.
The largest transactions during 2021 were reported on the Salinas Victoria and Santa Catarina corridors, two of them exceeding 100 thousand square meters.
Manufacturing led demand in Monterrey with several custom-made projects where companies such as AGP Glass, Fab Operation and Brembo, among several others, occupied spaces of more than 30 thousand square meters.
Manufacturing led the demand in Monterrey with several tailor-made projects where companies such as AGP Glass, Fab Operation and Brembo, among several others, occupied spaces of more than 30 thousand square meters.
On the logistics side, the Amazon company is building a BTS of more than 37 thousand square meters on the Apodaca corridor.
The industrial inventory of almost 13.4 million square meters has grown in annual terms a little more than 6%, while the rate of construction in progress with more than 930 thousand square meters advancing in different phases has reached the highest level in recent years. three years.
In Apodaca y Santa Catarina more than half of the industrial inventory converges and it is there where 62% of the new constructions of the entity are concentrated. The land with infrastructure and services that various portfolios have been acquiring and developing also point to sustained development in these markets in the coming years.
Of interest: 2021, an atypical year that left historic industrial space demands
On the public investment side, works such as the four-lane Interserrana Highway with an estimated length of 81 kilometers will facilitate communication with the border avoiding having to go around Saltillo, they are an example of the infrastructure that will advance in 2022 and that would communicate in a more efficient to the center of the country with Monterrey and, in turn, with the northern limit of the country, towards the Colombia Bridge, Nuevo Laredo, Reynosa, Tamaulipas and Matamoros.
Another phenomenon is the confluence of multiple industrial developers who reinforced their portfolio in this northern city that has invested time and resources in continuing to strengthen ties with Asia and Europe, highlighting the high integration of its economy and the deep contacts with the American business fabric that the they rank among the top industrial cities in Mexico.
This composition of regional, national and foreign capital participants creates a highly competitive market with a diversified offer of industrial options.
Monterrey is today an example of how institutional industrial markets are capable of attracting investment from companies that seek stability and certainty in their investments and operations.