In the first quarter of 2022, Ciudad Juárez stood out as one of the most dynamic cities on the northern border, concentrating 10% of the gross industrial demand at the national level, which had an impact on the increase in rental prices, which stood at 16 % above that registered at the end of December 2021.

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According to figures reported by the Solili real estate platform, demand was driven by companies in the medical, logistics, metalworking, manufacturing and plastic industries, which led to a significant downward adjustment in availability while rents increased.

Only from March 2021 to March 2022, the average annual price increase was 16%, registering a price at the end of 1Q 2022 of $5.62 dollars per square meter per month.

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The high vacancy still present in the midst of the escalation of construction costs led this indicator to reach $6 dollars per monthly square meter, figures similar to those registered in the country's capital.

The annual drop in vacancy has achieved a downward adjustment of 3% in the last year, which generates alarms to accelerate the start of a greater number of speculative constructions that manage to balance the market.

In Solili you can consult industrial warehouses available in Tecate, Mexicali and Tijuana

Original note