Mexicali's industrial market has consolidated its position as the second most important in Baja California, behind only Tijuana. By the end of March 2025, the city's industrial inventory reached approximately 3.8 million square meters, with a vacancy rate of 4.6%. These indicators reflect a market with limited availability, although with signs of caution on the part of investors.

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Nationally, the industrial sector is facing a slowdown as a result of the imposition of tariffs by the United States on Mexican products. This policy has generated uncertainty in investment flows, directly affecting the sector's dynamism in various regions of the country.

In Mexicali, this situation has resulted in a significant reduction in leasing activity. During the first quarter of 2025, gross acquisition of industrial warehouses was limited to 11,000 square meters, representing just 30% of what was recorded in the same period last year. This contraction highlights the impact of external conditions on local demand.

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Most of the leased space in the quarter was concentrated in the Lázaro Cárdenas Boulevard industrial corridor, which accounted for 60% of total occupancy. This area continues to position itself as one of the most attractive for logistics and industrial operations within the municipality.

The northern region of the country has been one of the most vulnerable to the growing market uncertainty. Given this scenario, local developers have begun to adjust their strategies in order to maintain capital attraction. Among the main measures are the adjustment of rental prices to improve competitiveness, as well as a greater commitment to the nearshoring phenomenon, which continues to offer medium-term opportunities despite the challenging context.