The South Industrial submarket concentrate the new developments in Ciudad Juárez
Solili | August 07, 2024 |

Ciudad Juárez, as one of the important markets at the national and border level, has faced various difficulties, such as the shortage of energy supply. However, developers trust in the market potential and continue with the construction of speculative buildings, especially the South submarket.

Of interest: Solili Industrial Report July 2024: leasing increases 55% compared to July 2024

In July 2024 alone, the South submarket promoted new projects, highlighting the developer Intermex, which began the construction of two speculative buildings with a total of almost 25 thousand square meters in the Intermex Sur Industrial Park, joining the industrial offer of the market.

Currently, more than 150 thousand square meters are under development within the South submarket, where the recent developments of new parks in the city stand out. These include Vesta with Vesta Park Juárez Oriente, Centinela Property with Independencia Sur, MEOR with Hubs Park Juárez Independencia, Fibra Nova with Parque Industrial Bafar, among others.

See here: Construction starts in Saltillo exceed 184 thousand m² in the first half of 2024

Among the future investments expected in the Southern submarket  is the development of Fibra Nova's second industrial park. This project, called Parque Industrial Bafar II, will have top-notch infrastructure and various industrial warehouses intended to attract national and international investments.

Despite the current situation in Ciudad Juárez, developers continue to trust in the recovery of the market. This is reflected in the positive behavior of demand. Although the figures of a year ago are not reached, developers have begun the construction of speculative warehouses to attract investments to the state of Chihuahua.

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