The industrial market of Tecate has gained relevance due to its proximity to Tijuana. It is one of the three markets that make up the industrial region of Baja California, which in recent years has positioned itself as one of the most dynamic nationally.

The high levels of demand reported by Tijuana have caused companies to look for space on the outskirts of the city, even in areas that geographically border Tecate.

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Tecate's industrial demand closed 2023 with 24 thousand square meters leased, reporting an annual decrease of 39%.

Tecate's leasing activity has been limited due to the low supply of industrial properties in the market, despite being a market of interest for companies due to its border with the United States.

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Market supply was at critical levels for almost two years, reporting figures below 1% in the vacancy rate, slowing down leasing given that the market has not had sufficient supply to satisfy demand.

It is not until the last quarter of 2023 that the supply registered an increase with the delivery of two class A properties that finished construction. For the month of January 2024, the vacancy rate reaches 4%, with which new investments are expected to monopolize the available space in the border market.