According to Solili, the Tijuana border market reached an industrial inventory of 7.6 million square meters.

In addition, its rental price increased since March 2021 and reached $ 5.48 per square meter per month as of August 2021.

This scenario occurs in the midst of the lowest industrial vacancy registered at the national level. In August 2021 it indicated 0.9% and maintained a decrease since June 2021, when it was at 1.4 percent.

Tijuana ranked third in gross demand nationwide, with 172 thousand square meters during July and August 2021.

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This list is headed by Monterrey with 234 thousand m2 and Mexico City with 178 thousand square meters.

In parallel, the construction of industrial buildings increased since December 2020 where 153 thousand square meters were built. At the end of August 2021 it reached 432 thousand square meters.

This footage represents 5.7% of the city's inventory and only in August construction began on 177 thousand square meters.

The pressure that border markets are having due to the high desirability of installing their manufactures close to the origin of demand, driven by the agreements within the framework of the T-MEC, are driving the advance of the Tijuana industrial market.

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About 80% of the spaces in demand during 1H 2021 correspond to sizes of less than 10,000 square meters. These represent 37% in relation to the footage built.

In Tijuana, about 86% of the demand for the first semester of the year corresponds to Class A and B vessels with the rest of the percentage of Class C vessels.

Solili highlights that the largest warehouse in demand is the one with an existing inventory of 42.7 thousand square meters, for a toy company.

In Solili you can locate industrial warehouses available in Saltillo, Guadalajara and Querétaro

Original note