At the end of August 2024, Reynosa registered a rental price of $6.64 dollars per square meter, which represents an 18% increase in the average rental price over the last year.

Of interest: Huehuetoca submarket expands with the development of new industrial parks

Between January and August 2024, Reynosa has experienced a slowdown in industrial demand, registering 20 thousand square meters, which represents 55% less compared to the same period of the previous year.

The delivery of vacant class A industrial properties has generated an increase in rental prices. Likewise, the move out of spaces with first-class infrastructure and higher prices has contributed to this increase.

Check here: Companies are leaning towards custom-made industrial buildings in Monterrey

At the end of August 2024, Reynosa reported a vacancy rate of 4.6%, equivalent to 177 thousand square meters. About 70% of this availability is located in the Western submarket, which also has the highest price, at $6.86 dollars per square meter.

The Poniente submarket has class A buildings ready for immediate occupancy. Developers such as Prologis, Intermex, Finsa and Fibra Macquarie have a high-end industrial offering and competitive prices ideal for new investments.