At the end of July 2023, 582,000 square meters of industrial buildings were under construction in Mexico City, and although this figure is far from the maximum reached in December 2021, where it almost reached 850,000 square meters, a construction pace continues one of the busiest in the country.

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The Tultitlan and Cuautitlan submarkets respectively concentrate 40% and 30% of what is being built, while Ixtapaluca is in third position where 88,000 square meters of warehouses are under construction. Only at the end of the second quarter of 2023, 95% of the constructions correspond to speculative projects, which indicates the competition that takes place in this important market of opportunities for capital industrial developers.

Of the areas that are currently being built in Mexico City 66% correspond to surfaces that exceed 20,000 square meters, although in number of operations, 36% correspond to this size. Sometimes the design of these large surfaces allows the adaptation to be used in fractions, which increases the ability to adapt to a demand that can change throughout the year.

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For example, if we analyze the data issued by the Solili platform on the sizes that are in demand during the first two quarters of 2023, the focus is on smaller sizes. More than 90% of the number of closures registered in the first half of the year correspond to warehouses under 20,000 square meters. But the greatest concentration of operations is focused on sizes between 5 and 10 thousand square meters.

Another phenomenon is the significant concentration of logistics activities that specifically group the main submarkte of the State of Mexico, such as Cuautitlan and Tultitlan. Although Ixtapaluca's incipient participation in both demand and construction stands out, thus extending industrial development towards the southeast of the city, in turn away from the peripheral ring.