The Aguascalientes industrial market is the smallest volume market of the four that make up the Bajío region in Mexico, with an inventory of almost 2 million square meters that represents one tenth of the Bajío inventory.

In 2023, the accumulated industrial demand in the Aguascalientes market closed the year with 99 thousand square meters of total lease, a figure that when compared with the accumulated demand of 2022 reports an increase of 57%.

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Throughout 2023, gross demand was driven mainly by companies in the manufacturing, automotive, and logistics sectors, which occupied surfaces ranging from 6,000 to 17,000 square meters.

The demand for industrial spaces occurred mainly in the Aguascalientes North and Aguascalientes South corridors with 62% and 38%, respectively.

The industrial market of Aguascalientes registers a demand that continues to expand, showing a positive performance. The market has the second lowest vacancy rate nationwide, only behind the industrial market of Puebla.

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Although it is true that the market reports leasing activity that remains constant, this has caused the current supply to decrease, which is why it is necessary for developers in the region to catalyze new investment opportunities in the market.

Likewise, the explosion of new projects continues to be dynamic, so it is expected that investments in industrial real estate in the market will maintain the growth rate reported during recent quarters.