During the first seven months of 2023, the gross absorption of the country's capital remained at 17% of the national total, only surpassed by Monterrey. 

The growth rate of industrial inventory in Mexico City in the last five years, since Solili monitored this market, has exceeded 25%, allowing the industrial profile in the country's capital to be renewed with modern and competitive buildings that manage to attract important tenants to this market.

The characteristics of both location and connectivity make it desirable for various industries where logistics, pharmaceutical, food and beverage, electronics, along with a diversity of light manufacturing processes stand out.

Of interest: Industrial construction in the northern region reports outstanding performance over the national average

Demand so far this year continues to be highly concentrated in Toluca and the CTT corridors (Cuautitlán, Tultitlán and Tepotzotlán) that continue to be present with important groups of tenants where less than 8% of the number of operations correspond to warehouses over 20 thousand square meters. In other words, the vast majority of operations correspond to warehouses under 20,000 square meters, which reinforces the network of suppliers that supply the multiple industrial operations in the country's capital.

To supply the demand, the developers that compete here are currently carrying out more than 590,000 square meters of new industrial buildings, where about 66% are available with warehouses whose sizes range from 3.8 to 66,000 square meters. This offer is made up mostly of warehouses from 10 to 20 thousand square meters that can be modulated into smaller sizes to adapt to current demand.

Check here: Guanajuato's automotive vocation continues to attract industrial investment

When the historical behavior of vacancy is analyzed, the highest point was reached at the beginning of 2021 and it has been declining for two and a half years to register 1.3% at the end of July. Factors such as the scarcity of land suitable for industrial use affect the displacement of demand towards other nearby areas, as has been the case that they have managed to capitalize on some markets in the lowlands.

Historically, towards the end of the third quarter of the year, there has been a significant takeoff in the demand for industrial buildings influenced by the periodicity of various commercial campaigns such as the Day of the Dead festival and the Good End, for which greater dynamism is expected. towards 3Q 2023.