At the end of the first quarter of 2025, Mexico City's industrial market registered a 17% increase in rental prices compared to the same period in 2024.

Rental prices rose from $7.92 USD/m2/month in March 2024 to $9.30 USD/m2/month in March 2025, consolidating the capital as the most expensive industrial market in the country. These increases are due to high demand for industrial space, a shortage of vacant warehouses, and limited land availability for industrial construction. 

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The Tepotzotlán industrial submarket closed Q1 2025 at $8.60 USD/m2/month and registered the largest increase in rental prices, with a 48% increase compared to a year ago.

The Cuautitlán industrial submarket also saw a 40% increase in its industrial rental price, ending the period at $8.47 USD/m2/month, as it is one of the main investment destinations in the Mexico City metropolitan area.

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Rental prices are expected to continue rising once the construction underway is completed, thanks to the fact that new industrial warehouses are reporting higher prices than the current average, which will continue to exert pressure on current rental prices.