During the months of July and August 2022, Reynosa already exceeds 96 thousand square meters of gross industrial demand, rising to third position nationwide, preceded by Monterrey and Mexico City, and leader among the markets on the northern border of the country.

At the end of 2Q 2022, the entity had already achieved a historical gross demand of almost 75 thousand quarterly square meters and that is 15% higher than that registered in the same period of 2021.

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The demand has been concentrated in this period on sizes ranging from 5 thousand to 15 thousand square meters and the developers Parks, Prologis and IGS have had an important participation in this activity that has been concentrated in the logistics segment.

When analyzing the correlation of the main indicators in this market, we can verify that so far this year, Reynosa projects a rising rental price, similar to what other areas of the country report.

In this important border market, the demand managed to impact the vacancy that shows in the last year a contraction of more than 1.7 percentage points, having reached 1.4% at the end of August 2022, which leads it to critical levels as it happens with little more than half of the industrial markets nationwide.

However, given the low vacancy, construction has been activated and with 270 thousand square meters that it registers in the eighth month of 2022, it exceeds by 2.6 times what was advancing in construction a year ago.

Of interest: Half a hundred industrial buildings advance construction in Monterrey

The Airport-Puente Pharr corridor stands out, grouping half of the surfaces of the existing industrial buildings and it is where the gross demand has been concentrated so far this year. Approximately the other half is grouped in the North and West corridors, which are also active and balance the development of the market as a whole.

In the remainder of the year, the trend of rent price adjustments and the contraction of vacancies will continue to be present, combined with the interest on the part of active developers in Reynosa to continue betting on the execution of new speculative projects, which allow hosting logistics operations. and manufacturing that reinforce the fabric of suppliers from Mexico to the United States.