With an inventory that exceeds 6.5 thousand square meters, this important border market closes the gap in its availability rate by 40 basis points to reach a vacancy of 2.9% at the end of the second quarter of 2021.

The new offer that was incorporated into the city's inventory was 102.4 thousand square meters and stood at 90% on the Southwest and South submarkets, equally.

The surfaces that are added range from 9.3 to 17.6 thousand square meters, where almost 80% of the areas correspond to speculative projects or also called inventory ships.

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The construction starts, led mainly by Vesta and Intermex, exceed 75 thousand square meters of Class A warehouses, in a market marked by speculative projects, ranging from 4.5 to 23 thousand square meters. The modality of tailor-made and speculative projects share equally the bet of the developers.

Ciudad Juárez during the first seven months of 2021 maintains a gross demand of 349.7 thousand square meters, which ranks fourth if compared at the national level, although the performance of 2Q 2021 registered almost half of the strong impulse observed during the first quarter of the year.

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With a relatively low level of scheduled vacancies, located entirely on the southeast corridor, net demand reached nearly 111 thousand square meters at the end of 2Q 2021.

This highly diversified market, which shows relatively stable rental prices averaging 4.5 dollars per square meter per month, as a result of the downward adjustment of 10 cents on the dollar, is advancing with a demand that we expect to continue its rhythm in the remainder of the year.