The vacancy rate in the industrial market in Mexico City has experienced a significant decline in recent years, reaching historically low levels.

In January 2025, the vacancy rate stood at 1.3%, reflecting a gradual decline over the past three years. Its highest point was recorded in January 2021, when it reached 5.6%.

Of interest: Industrial construction in Queretaro starts the year with strength, starting 80 thousand m² in January 2025

Currently, the Huehuetoca and Zumpango submarkets concentrate 52% of the industrial supply in the main industrial parks such as Cuautitlan City Park, CPA and BTS Huehuetoca. In addition, the T-MexPark park has Built to Suit projects for companies that require custom-made warehouses.

Vallejo, one of the traditional markets, maintains a 24% supply of industrial warehouses ready for immediate occupation in the industrial parks Vesta la Villa, Central Coyol, O’Donnel Vallejo and AzcapoPark.

See here: Solili Industrial Report January 2025: The year begins with the construction of 500 thousand m² in the country

This shortage of industrial land and strong demand have kept Mexico City as a competitive market, with rising prices and a focus on industrial developments towards the outskirts of the capital.