Industrial leasing activity during the January-February period in the city of Tijuana registered a total of 34 thousand square meters where 58% of the occupied space was concentrated in the Pacifico-Nordika industrial corridor.

A third of the demand was driven by a made-to-measure or BTS project in the Pacifico-Nordika corridor in a 10 thousand square meter building for the company Parpro, while the rest of the demand is diversified in five project transactions speculative.

Of interest: Mexicali reports a strong increase in the supply of industrial warehouses

Within the first two months of 2024, the industries that demand industrial space in the Tijuana border market are companies from the manufacturing sector, the packaging industry and the plastics industry, mainly.

Construction activity continues to report growth with high figures where the Tijuana industrial market occupies fifth place nationally with a total of 473 thousand square meters in progress, which is a reflection of the constant interest of both tenants and developers. that continue to expand the current market offering.

Check here: The rental price of new industrial projects in Saltillo increases

The rental price remains the highest nationally given the high interest that the border city arouses due to its strategic geographical location as it borders California, so it is expected that both demand and the development of new projects will remain at a constant pace. long term.