Investments in the industrial real estate sector in Tijuana continue to await the definition of new trade agreements between Mexico and the United States, a situation that has generated caution among investors. The arrival of Donald Trump has unleashed a significant level of uncertainty about the future of trade relations, which was reflected in the activity of the real estate market at the end of 2024.

See here: Monterrey concentrates 36% of national industrial construction, with more than 2 million m²

During the last quarter of 2024, the demand for industrial warehouses in Tijuana showed a 30% decrease compared to the same period of the previous year. The tariff policies implemented by the US administration have played a crucial role in this decrease. Companies, which for the most part adopted a wait-and-see attitude, continue to fear the possible changes that could arise with the renegotiation of new trade agreements.

The situation at the beginning of 2025 shows signs of stability during the first month of 2025, registering a total of 23 thousand square meters occupied in Tijuana. Although it is still early to determine if this trend will continue throughout the year. Investors continue to closely observe political and economic movements in both nations to adjust their investment decisions.

Of interest: Industrial vacancy rate in Aguascalientes drops to critical levels in December 2024

In this context, the industrial market at the national level is going through a complex and uncertain period, especially in border cities. Capitalizing on investment opportunities generated by the relocation of companies is emerging as a key factor for the country's economic growth in the remainder of 2025.