The growing demand and the notable interest of companies in establishing themselves in the border city of Tijuana have exerted constant upward pressure on the rental prices of industrial warehouses in recent years.

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This trend is supported by the strategic location of Tijuana, which borders the United States and serves as a gateway to the California market, generating attractive investment opportunities in the real estate sector.

At the end of March 2024, Tijuana led the national market with a rental price of $8.17 USD per square meter, surpassing other important cities such as Mexico City.

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Although vacancy had seen a reduction in previous years, it has recently experienced a notable recovery, standing at 2.8% during the first quarter of 2024.

The continuous flow of new investments and the constant development of projects by real estate players have contributed to this dynamism, reflected in a construction activity that has reached 352 thousand square meters in industrial warehouses in progress.