The capital of the country takes the lead and is positioned in the first place of industrial gross demand at the national level, during the 3Q 2022, with just over 620 thousand square meters, a figure that is 21% higher than that registered in the same period of 2021 .

During the first quarter of the year, the leasing activity of this market had been at levels slightly below the average reported in the last year, however, it was during the 3Q 2022 in which large transactions were carried out that made the quarter stand out as the one with the highest lease, in at least the last 6 years. it had been slow, reflecting a quarter of the total areas that were completed at the end of the quarter.

This behavior of the market managed to catapult the Metropolitan Area of Mexico City (including Toluca) into the leadership of gross demand above Monterrey, which closed with just over half a million square meters of industrial buildings.

Check here: Industrial demand in Mexico continues unstoppable, grows by 13% during 3Q 2022

The preference of the tenants continues to be directed towards class A ships, which concentrate almost 90% of the operations. The area known as CTT (Cuautitlán, Tultitlán y Tepotzotlán) continued to lead the demand with 80%, followed by Toluca, which managed to group 14%. The remaining percentage is located on last-mile submarkets, which are generally those demanded as storage centers.

Of the slightly more than 25 rental transactions that were reported during the quarter, class A spaces were the most requested, since they offer security features, operability and privileged location, which give certainty to global companies seeking to establish themselves in the center of the country.

Currently, Mexico City still has an average vacancy rate of 2.2%, although in practical terms the corridors that can meet future demands maintain percentages below the average for the city, as is the case of the Cuautitlán, Tepotzotlán, and Tultitlán that register 1.2%, 2.1% and 1.3%, respectively.

Of interest: Solili 3Q 2022 Industrial Report, record demand with 2.1 million m², CDMX led

Logistics use is ahead in one of the most populous cities in the world, where the boom in online sales definitively transformed commerce, which is now based on a network format that divides department stores into intermediate distribution spaces that feed the ecosystem of applications and distribution methods grows and spreads. Important retail and logistics firms are the ones that stand out as the main applicants during this quarter.

Manufacturing uses, although to a lesser extent, also participate in the quarterly demand in the automotive, cosmetic and furniture industries, mainly.

Net demand also registered a maximum of the last 4 years with more than 510 thousand square meters, which represents a growth of 146% in annual terms, which indicates that vacancies remain under control and correspond to operations planned in advance.