During the first two months of the year, Monterrey, Tijuana and Mexico City were positioned as one of the most attractive cities in the country for investors and developers, who together concentrated 54 percent of the national demand of the industrial market, which was 650 thousand square meters.

According to an analysis by Solili, a platform that studies the behavior of the different real estate markets, it was highlighted that, as an example of the above, the 147 thousand square meters in Nuevo León (NL) and the 78 thousand square meters in Tijuana, in projects, which started construction in that period, "which has created a high dynamism in these two markets in the north of the country".

"Monterrey and Tijuana continue to hold the interest of investors and developers who seek to reverse the downward adjustment in the vacancy that closes February 2020, at 2.8 and 0.45 percent, respectively."

See also: Mexicali consolidates as a solid, institutional and mature market in northwestern Mexico

The platform highlighted the 23 percent increase in foreign direct investment in Nuevo León, at the end of 2021, "expansions continue to lead the demand in the entity during the first two months of the year since the arrival is consolidated of manufacturing investments where major components of industry 4.0, artificial intelligence, and electromobility are incorporated”.

One of the examples of the high potential that the entity has, he highlighted, is the investment of one billion dollars that Ternium will make to increase the production of hot rolling, galvanizing and finishing in its Pesquería industrial center.

Of interest: Fed seeks to curb inflation in the US and raises interest rate by 25 basis points

On the other hand, Solili also pointed out that the war between Russia and Ukraine, for the moment, represents a limited risk in the world's main financial markets for securities and commodities, mainly.

However, this could trigger global inflation, thanks to the increase in the price of oil caused by said confrontation.

The market researcher highlighted that in order to achieve the high levels of gross industrial demand in the country during the first quarter of last year, "the main trends in the advancement of technology applied to logistics, the ever-increasing increase in electronic commerce and the growth of manufacturing expansions under new environmental criteria will have to overcome increasingly restrictive legislation and supply chains still in the process of recovery”.

In Solili you can consult industrial warehouses available in Guadalajara, Querétaro and Reynosa

Original note