At the end of the first quarter of 2023, the industrial market of Reynosa achieved a net absorption that exceeds 115,000 square meters, a figure five times higher than that registered in the same period of 2022. This result places it among the first five positions nationwide. .

To compare the evolution of this indicator, let's remember that the accumulated figure of net absorption during 2022 was 163 thousand square meters, so a better performance is anticipated for the remainder of the year.

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Regarding construction activity, the maximum amount of industrial buildings had already been reached in October 2022, which exceeded 340,000 square meters and which in the following months have been completed and incorporated into the inventory in the city.

On the Poniente submarket is where the largest number of areas under construction are concentrated, which are practically committed to pre-lease contracts signed during the development of the warehouse. However, it is the Pharr Bridge-Airport corridor that continues to attract the greatest interest in industrial demand during 2023.

In recent statements, the President of the Reynosa Binational Council for Economic Development, Luis Cantú, confirmed the interest shown by companies seeking to establish themselves in the binational region that makes up Reynosa. Some of these firms come from other regions, so they will enter as new projects for the region, said the manager.

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An example of this was registered by the logistics company IDL when expanding its headquarters in the region with a fourth 3PL warehouse in the Colonial Industrial Park, where it will add more than 11,000 square meters with an investment of more than eight million dollars.

The combination of demand with low availability, which was around 1.1% at the end of April, impacted rental prices, which reached $5 dollars per monthly square meter, registering increases of more than one dollar per square meter in the last year.

Currently, if a company decides to either expand its operations in the area or settle for the first time, it has a dozen options within the Solili platform ranging from 2.8 to 26 thousand square meters, an offer mainly made up of already existing warehouses.