During 2024, there will be an increase in construction starts in the industrial market of Mexico City, reaching nearly 1.2 million square meters, increasing 38% compared to 2023.

Of interest: Solili Industrial Report 4Q 2024: Annual demand of 6.2 million marks a record, 7% more than 2023

The shortage of industrial land in the country's capital has caused investment in new projects to be directed to industrial submarkets such as Zumpango and Huehuetoca. Together, these submarkets started 350 thousand square meters of industrial warehouses, representing 32% of the total buildings started during 2024.

This phenomenon reflects a strategic shift towards areas with greater availability of land and less saturation, driving industrial development in peripheral areas.

Check here: Industrial leasing in Querétaro reaches half a million m² during 2024

In more traditional submarkets such as Tultitlán, 300 thousand square meters of industrial warehouses were started, which is equivalent to 27% of the construction starts in the capital.

The Toluca and Cuautitlán submarkets reported a significant participation, with 22% and 18% respectively, these submarkets continue to attract investments due to their quality infrastructure.

Industrial growth in the Zumpango and Huehuetoca submarkets has maintained a positive trend due to a greater supply of industrial land and the improvement in road infrastructure and proximity to the Felipe Ángeles International Airport (AIFA).