Over the course of the last year, Puebla has decreased its vacancy by 1.8 percentage points and at the end of July 2022 it registered 1.52%, a percentage that is below 2% like other markets nationwide such as Tijuana, Ciudad Juárez, Mexicali, Reynosa, Guadalajara y Tecate.

Although industrial demand in the entity has maintained a lower growth rate, when compared to the national average, the downward adjustment in vacancy is due to the low incorporation of new industrial works and that at the end of July 2022 corresponds to little more than 18 thousand square meters.

The ships that were advancing in construction correspond to projects made to measure that entered the inventory occupied and the demand that was emerging in the period occupied part of the available spaces in the entity.

Of interest: Guadalajara for the first time reaches 300 thousand m² of industrial construction

On the other hand, at the end of the first half of 2022, Foreign Direct Investment (FDI) in the state totaled 614 million dollars, which represented a growth of 130.3% compared to the same period in 2021, according to figures from the Ministry of Economy .

This percentage of growth is the third largest increase in attracting foreign investment among the 32 states of the country and in terms of the origin of the investment, the largest flows correspond to countries in the area of the Mexico-United States-Canada Trade Agreement (T -MEC).

Manufacturing industries manage to register 229.7 million dollars, which represent 76% of FDI, followed by 151.1 million dollars in the transport and storage sector and 88.3 million in financial and insurance services.

This important investment figure and the projections that lie ahead for the rest of 2022 and 2023 present us with a scenario that demands greater speculative industrial investment in order to maintain a balanced market in terms of rental prices and vacancy rates.

Check here: Mexicali is poised to report industrial vacancy rates as low as those of Tijuana

At present, the rental price of $4.68 dollars per monthly square meter registers an increase of almost 15% during the last year and with projections of continuing to increase if the vacancy decreases again. The Mexico-Puebla and Huejotzingo corridor register 22.2 and 13.2 thousand square meters of vacant industrial spaces, respectively.

All this scenario gives rise to industrial developers with activity in this corridor to be interested in detonating new projects, estimating that there will be a reactivation in speculative construction in the coming quarters, this in order to provide diversified options in location, construction characteristics, prices, sizes, etc. to tenants seeking to establish themselves in this market in the center of the country.