Investors and developers continue to show interest in the industrial real estate markets of Monterrey and Tijuana, and seek to reverse the downward adjustment in vacancy that closed in February with 2.8% and 0.4%, respectively.

In Monterrey, the construction of 147 thousand square meters of industrial warehouses has begun and in Tijuana 78 thousand square meters, at the end of February, which has created a high dynamism in these markets, as indicated by the Solili consultancy.

He recalled that Nuevo León added a Foreign Direct Investment (FDI) for 4,026.2 million dollars at the end of 2021, which represented a year-on-year increase of 30% and exceeded the FDI registered by 23% at the end of 2019, prior to the Covid pandemic. -19.

The expansions of foreign companies in the entity continue between January and February 2022, as the arrival of manufacturing investments consolidates, incorporating greater components of industry 4.0, artificial intelligence, and electromobility.

Check here: Mack Technologies doubles operations to 15 thousand square meters in Juárez

Ternium, which will increase the production of hot rolling, galvanizing and finishing, in the Industrial Center of Pesquería, for 1,000 million dollars. “It is a sign of the high potential of the entity,” said the consulting firm.

For its part, in Tijuana, the commitment of the federal government is to improve the infrastructure of border crossings, with projects such as the Garita Otay II and the double deck of the Airport towards Playas de Tijuana, which have an estimated budget of 4,300 million pesos. for its execution that the federation will invest, emphasizes the analysis.

The dynamism of construction in Baja California exceeds the progress of 523 thousand square meters of industrial buildings to meet demand on the border, which is preparing to receive 450 million dollars of investment this year, according to figures estimated by the Coordination of Industrial Developers from Tijuana.

Saltillo has also registered great dynamism, with construction projects of more than 60 thousand square meters, which started during the first two months of the year, where expansions have increased due to the fact that the rental price has stabilized.

Of interest: Monterrey, Tijuana and Ciudad Juárez, the three great ones in the north that lead in industrial demand

In turn, Ciudad Juárez accumulated 51 thousand square meters of industrial properties, at the end of the first two months of the year, "it is a determining entity where various portfolios have once again completed their participation at the national level."

For the closing of the first quarter, Solili considered that the main trends will be the advancement of technology applied to logistics, the constant increase in electronic commerce and the growth of manufacturing expansions, under new environmental criteria, which will have to circumvent increasingly more restrictions and supply chains still in the process of recovery, in order to achieve the high gross industrial demand, which they registered in the same period last year.

In Solili you can consult industrial warehouses available in Saltillo, Tecate y Mexicali

Original note