As a result of the pandemic and due to a combination of factors such as the development of T-Mec and the reordering of merchandise flows and supply chains worldwide, the city of Monterrey has managed to strengthen its internal resources to project itself on the stage Mexican industrial real estate.

At the end of the fourth quarter of the year, the entity gave the last push to position itself as the largest demand of industrial spaces at the national level, closing the demand for 4Q 201 with almost 470 thousand square meters.

With this figure, Monterrey is placed at the forefront of the national demand for 2021 with the largest amount of demand that is close to one million 390 thousand square meters.

Several national and foreign companies have been launching their commitment to this attractive market that combines a highly institutionalized industrial sector with a varied commercial, residential and urban equipment offer that positions Monterrey as a benchmark for quality of life in Mexico.

The demand that was registered in the last quarter of the year was driven by companies in the manufacturing, logistics, electronics and automotive sectors. Apodaca and Ciénega de Flores are the submarkets with the highest concentration of total demand with 42% and 28% respectively.

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Two of the largest industrial transactions that occurred during 4Q 2021 were carried out by companies in the logistics sector: Amazon and DSV, which together demanded a total of almost 74 thousand square meters.

They are followed by companies in the automotive sector such as: Yangfeng, Brembo and Faurecia, which add up to just over 88 thousand square meters demanded, demonstrating that this northern area of the country is extremely attractive for investment by companies of various kinds.

Net demand during the last 3 months of the year was the highest recorded in 2021, ending with almost 79 thousand square meters, surpassing volumes seen even before the pandemic.

At the same time, Monterrey ended 2021 with strong dynamism in the construction of industrial properties, adding a total of 17 projects that started with just over 270 thousand square meters, mainly concentrated in the Apodaca, Guadalupe and Escobedo submarkets.

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On the other hand, the new offer for 4Q 2021 added nearly 144 thousand square meters to the inventory, of which around 68% belong to speculative buildings and the rest to buildings classified as "custom made" for companies expanding their production.

The last quarter of 2021 closes with a stable rental price of $4.2 USD/sqm/month, although Apodaca, which concentrates the largest volume of inventory, closes with an average price of $4.57 USD/sqm/month, while the Escobedo and Guadalupe submarkets end with the lowest average price of $3.79 USD/m²/month.

It is expected that in 2022 this positive behavior will continue to project the entity due to its high industrial offer, competitive prices, industrial diversity, quality of labor, among other factors that favor its winning profile in the face of investments.