Tijuana's industrial market has been characterized as one of the most dynamic in the country; however, the uncertain political landscape resulting from US tariff pressures has directly impacted leasing activity.

During the first quarter of 2025, industrial occupancy in Tijuana reached 38,000 square meters, 21% lower than the figure reported during the same period in 2024.

See here: Industrial Construction in Guanajuato Reports a 23% Decline in February 2025

Despite the complex situation in the border market, optimism remains, reflected in the high level of investment in new projects. Industrial construction in the Tijuana market registered a total of 450,000 square meters in more than 25 buildings currently under construction.

The slowdown in industrial warehouse leasing, along with the incorporation of new projects, has gradually increased market supply. At the end of March 2025, Tijuana's vacancy rate stood at 3.8%, which in absolute terms represents more than 368,000 square meters ready for lease.

Of interest: Industrial demand in Mexico City reports a sharp decline compared to the first two months of 2024

Currently, 70% of buildings are available, which means that the supply of industrial warehouses will grow considerably once they are completed and added to the market. Therefore, 2025 will be a key year for Tijuana's industrial sector, which must take advantage of the opportunities that arise.