Huehuetoca and Zumpango, submarkets that explore developers for new industrial parks in CDMX
Solili | August 01, 2022 |

The urban footprint of the industrial supply in the country's capital has spread throughout the Valley of Mexico. Two trends advance in the growth of the city's industrial potential: the first, with the transformation of old obsolete buildings that can become new last-mile warehouses due to the advantage of being close to the expressways that connect to the edge of the Circuit Interior in Mexico City.

The second trend is based on exploring and developing new markets where a quality offer was not located. The area around Zumpango and Huehuetoca corresponds to this area, which, although they barely represent 5% of the inventory in Mexico City, did not participate in the gross demand during this last quarter, nor in previous periods.

Zumpango is unique in that it borders the recently opened Felipe Angeles International Airport (AIFA) on its eastern end, and this proximity permeates the advantages of connectivity for locating warehouses.

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On the other hand, the traditional submarkets that make up the CTT (Cuautitlán, Tepotzotlán and Tultitlán), group half of the inventory and 70% of the gross demand, at the end of 2Q 2022. Tepotzotlan marks an important growth difference in the CTT, leading with a third of the gross demand in the country's capital.

However, the natural growth of the Tepotzotlán market is located to the north with Huehuetoca and to the east with Zumpango.

The other well-defined footprint growth pole is located towards the growth potential that Toluca presents, which manages to rise at the end of 2Q 2022 with 52 thousand square meters of industrial demand that represents 18% of the capital's total.

For example, in March 2022 the construction of T-MEX PARK began, which will carry out an industrial park that will provide airport, multimodal, railway and international trade services and equipment, and will have an investment of more than 25 billion pesos, which Only in its initial stage it covers more than 3 million square meters.

The expansion towards the north of the traditional submarkets has already begun, for example Parks advances with warehouses on the corridor in the Teoloyucan area where 3 buildings will offer 54 thousand square meters in the coming quarters.

The expansion towards the north of the traditional submarkets has already begun, for example Parks advances with warehouses on the corridor in the Teoloyucan area where 3 buildings will offer 54 thousand square meters in the coming quarters.

In turn, Prologis is building a new park and, in parallel, EQT Exeter enters the capital market, which will also participate in the supply of industrial buildings by the end of 2022. Another option that you can consult on the Solili platform is the Parquemex Tepeji speculative project that is estimated to develop 33 thousand square meters.

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This pressure, which is transmitted to submarkets such as Huehuetoca and Zumpango, advances with the interest of developers to explore in detail any opportunity on traditional submarkets all motivated by the current shortage of land supply.

The interconnection with the AIFA cargo area will be decisive since it reinforces the proximity of the most important logistics submarkets that handle 80% of the cargo, through KCSM, Ferromex and Ferrosur, on land near the Santa Lucía airport.

Another attribute for growth in this sector is the road infrastructure with direct access to the Mexiquense outer circuit, the Mexico-Pachuca highway, the Zumpango-Tecámac highway, and the future Tultepec-Pirámides high-spec race, close to the Mexico-Pachuca highway. Querétaro, will be the competitive pillars for the projection of this area of the city.

The Zumpango and Huehuetoca submarkets are separated by a road distance of 18 kilometers, which implies a travel time of approximately 22 minutes, which allows us to be at the center of the industrial movements that will be generated there in the coming years.

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