The Metropolitan Area of Mexico City has maintained its growing rate of industrial demand during 2021, managing to accumulate almost 1.3 million square meters throughout the year, which represents an increase of 35% per year. Thus, it occupies the second position at the national level, only below Monterrey.

Gross demand for the last quarter of the year was close to 380,000 square meters and again concentrated at 84% on the Cuautitlán, Tultitlán y Tepotzotlán submarkets, an area recognized as CTT, a figure that reaches 89% on class A spaces.

Another additional 7% contributed by Toluca will make these 4 corridors the most attractive for logistics companies.

Cuautitlan specifically concentrated 36% of the demand for the last half of the year in the country's capital, followed by Tepotzotlán and Tultitlán with 21% and 16%, respectively, while Toluca concentrated 14%.

See also: Monterrey, Tijuana and Ciudad Juárez, the three great ones in the north that lead in industrial demand

Recently, the figures for the growth of electronic commerce in our country were known, which reached 27% per year, placing Mexico in the Top 5 of the countries with the highest increases worldwide, according to the Mexican Association of Online Sales (AMVO) at the end of the 2021.

Last-mile demand has also triggered the reorganization of traditional industrial zones, causing a shortage of spaces in traditional submarkets such as Vallejo and Naucalpan.

The evolution of a consumer who increasingly demands shorter delivery times and under the parameters of multiple options has been the architect of the appetite of developers and tenants for spaces in the vicinity of large cities.

Although this growing demand has faced several obstacles, due to space limitations and its characteristics in central corridors, causing the growth of the industry to be generated mainly in the northern part of the city.

Throughout 2021 we were able to monitor the outstanding participation of the logistics sector in the capital's gross demand, which only in the last quarter of the year represented 70% in formats of large areas greater than 14 thousand square meters, where it became decisive the location of the new Mercado Libre CEDIS with an area of 95 thousand square meters on the Cuautitlán submarket.

Estafeta, DHL, Wal-Mart and The Home Depot to name just a few of the many logistics companies continue to establish their presence in the Mexico City market and expand their operations.

Of interest: Fibra Upsite increases portfolio in the northern border of the country

In turn, from the point of view of developers, this year that ended consolidated the presence of Prologis, CPA, Parks, ODonnell, Advance Real Estate, Hines and Vesta appearing within the closings of 2021.

These operations are linked to the complement of alliances with other multiple distribution companies that are developed on the last mile that focus mainly on spaces of 2,000 to 12,000 square meters, which is where the largest number of transactions of the four is concentrated. quarter of 2021.

Greater heights and wide maneuvering yards will continue to lead the requirements of potential tenants who will apply new ways of storing and distributing merchandise throughout 2022, where those properties that promote the management of environmental, sustainability and governance guidelines will take the lead.