The 4 markets that make up the Bajío have experienced various opportunities during 2023 that have allowed them to capitalize on part of the low vacancy that had remained in the north of the country. If we review this year's large transactions in terms of surfaces, the first two for 90 thousand and 70 thousand square meters correspond to the markets of San Luis Potosí and Guanajuato.

Both operations correspond to expansions of manufacturing processes, of Class A warehouses. The largest one is carried out in the Industrial Zone of San Luis Potosí and corresponds to a company that manufactures household appliances for national consumption and export. The second warehouse being sued is located on the Irapuato-Abasolo corridor within the Guanajuato market and belongs to a company that focuses on metal casting to produce parts for the automotive industry.

Check here: Guadalajara reported positive performance in the main indicators during 2023

Just over a dozen operations of industrial warehouses between 20 and 32 thousand square meters are also advancing in Bajío markets, such as Querétaro with 7, while Guanajuato and San Luis Potosí each register three operations in this range. surfaces..

In the case of Querétaro, these demanded surfaces are located on the Airport, Mexico-Queretrao and Querétaro-San Luis Potosí corridors. The activities of these large stores that were registered during the year are diverse and include information technology, pharmaceutical, energy management, plastic injection molding parts manufacturing companies and another leader in labeling management.

But not only in these large stores have these Bajío markets stood out, tenants also arrived who demanded spaces between 10 to 20 thousand square meters, which in the case of Querétaro occupied 87% of the transactions. In the case of the San Luis Potosí market, more than 82% of the operations that were demanded were concentrated in sizes below 10 thousand meters, which is due to the important development of suppliers from the automotive industry and the logistics sector that They looked for industrial spaces in this period.

Of interest: A dozen projects began construction in San Luis Potosí during the year

When we review the strengths of the main markets of the Bajío we find the important work that has been carried out in recent years by the authorities of markets such as Querétaro and Guanajuato that have established tours outside of Mexico. The core objective of these initiatives has been to expose the competitive advantages of their markets to establish new companies or expand existing ones.

At the same time, industrial developers and the cluster fabric of various industries have created supplier routes and have made it easier for inputs to be not only close to manufacturing but have also encouraged the training of human talent as the main added value for the growth of the industries. that settle in the Bajío.

The variety of supply that has taken the vacancy percentages in these markets to levels above the national average of 1.97% by the end of 2023, has allowed them to take advantage of opportunities that will allow them to continue being a reference as part of the main industrial markets in Mexico.